Business
Samsara Luggage Announces Upgrade to the OTCQB Venture Market
Samsara Luggage Announces Upgrade to the OTCQB Venture Market.
About this update from Samsara Luggage, Inc.
[{"type":"text","content":"\n\n\n\nSamsara Luggage Announces Upgrade to the OTCQB Venture Market\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nSamsara Luggage Announces Upgrade to the OTCQB Venture Market\nPR Newswire\nNEW YORK, Aug. 24, 2021\n\n\n\nNEW YORK, Aug. 24, 2021 /PRNewswire/ -- Samsara Luggage (\"Samsara Luggage\" or the \"Company\") (OTC: SAML), a Company that combines functional design with innovative technology to develop smart travel products, announced its successful upgrade from OTC Pink to the OTCQB Venture Market for early stage and developing U.S. and international companies. The upgrade to the OTCQB Venture Market occurred on August 24, 2021, and shares of the Company's common stock will continue under the current ticker symbol – SAML. \n\"Uplisting our stock on the OTCQB Market will enhance our visibility within the investment community and generate more positive momentum as we look to execute our growth strategy in the coming months,\" says Atara Dzikowski, Co-founder and CEO, Samsara Luggage. \"This uplisting and the additional exposure in the capital markets could improve the liquidity of our stock for our existing shareholders and broaden our access to new institutional investors. Uplisting to the OTCQB is an important milestone and we expect this to benefit Samsara and its valued shareholders.\" \nThe OTCQB is a venture market operated by the OTC Markets Group, Inc. and is designed for early-stage and developing companies located both in the United States and abroad. To be eligible for quotation on the OTCQB, companies must be current in their reporting and undergo an annual verification and management certification process. Companies must also meet a minimum bid price test. The OTCQB is recognized by the U.S. Securities and Exchange Commission as an established public market and provides current public information to investors that need to analyze, value and trade securities. \nSamsara Luggage plans to launch its first product from the Next Gen collection in the second half of 2021. Samsara's Next Gen smart carry-on was received with enthusiasm and ant...