Matador Technologies Inc. Provides U.S. Listing and Leadership Update

About this update from Matador Technologies Inc.

[{"type":"text","content":"Matador Technologies Inc. Provides U.S. Listing and Leadership Update\n\n\n\n TORONTO, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Matador Technologies Inc. (“\n \n Matador\n \n ” or the “\n \n Company\n \n ”) (TSXV: MATA, OTCQB: MATAF, FSE: IU3), announces that it has confidentially submitted a draft registration statement on Form 20-F with the U.S. Securities and Exchange Commission (“\n \n SEC\n \n ”) in connection with the Company’s plan to pursue a listing on The Nasdaq Stock Market (“\n \n Nasdaq\n \n ”) as part of its long-term capital markets strategy.\n \n\n\n U.S. Listing Process Update – Form 20-F Filed\n \n\n\n The filing of a registration statement with the SEC is a key step for issuers seeking to register securities with the SEC. The registration statement is expected to become publicly available once the SEC has completed its review process. The Form 20-F filing does not, by itself, constitute an approval of a U.S. listing, nor does it imply a timeline for effectiveness. Any listing on the Nasdaq remains subject to:\n \n\n\n SEC review and declaration of effectiveness of the Company’s Form 20-F registration statement; and\n \n\n\n Nasdaq’s acceptance of Matador’s listing application and the Company’s satisfaction of all initial listing requirements.\n \n\n\n\n “This step reflects Matador’s continued evolution and our intent to broaden access to global investors while staying true to our Bitcoin-native treasury model,” said Deven Soni, CEO of Matador Technologies. “We will proceed deliberately and transparently as we work through the U.S. regulatory and exchange processes.”\n \n\n\n Leadership Update\n \n\n\n Matador also announces that Sunny Ray, President, has departed the Company effective September 24, 2025, to pursue new opportunities. The Board and management thank Mr. Ray for his contributions to Matador’s strategy and brand and wish him the very best in his future endeavors. The Company has initiated a search for a successor and will provide an update in due course.\n \n\n For additional information, please contact:\n \n\n\n Media Contact\n \n :\n \n Deven Soni\n \n\n Chief Executive Officer\n \n\n Email: [email protected]\n \n\n Phone: 647-496-6282\n \n\n\n About Matador Te...

More updates from Matador Technologies Inc.