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SinglePoint Announces Listing on OTCQB® Venture Market
SinglePoint Announces Listing on OTCQB® Venture Market.
About this update from Singlepoint, Inc.
[{"type":"text","content":"\n\n\n\nSinglePoint Announces Listing on 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\nSinglePoint Announces Listing on OTCQB® Venture Market\n-Regaining OTCQB compliance sets stage for further growth\n-Company continues to deliver fundamental structural improvements to support growth\n-Focused on producing increased visibility and driving shareholder value\nPR Newswire\nPHOENIX, Aug. 13, 2021\n\n\n\nPHOENIX, Aug. 13, 2021 /PRNewswire/ -- SinglePoint Inc. (OTCQB: SING) (\"SinglePoint\" or the \"Company\"), a company focused on providing renewable energy solutions and energy-efficient applications to drive better health and living, today announced that its application for a listing to the OTCQB® Venture Market (\"OTCQB\") has been approved and it will begin trading at the open of the market on August 13, 2021. \n\n \n \n \n \n \n \n\n \nThe Company's shares will trade in the United States on the OTCQB under the symbol \"SING\". Existing U.S. shareholders of SinglePoint shares, previously quoted on the OTC® Pink Open Market, will now be quoted on the OTCQB without any further action needed. \nAmong multiple core improvements across the business this has been a key driver for the company. Considering the ever-changing landscape in the markets and the recent amendments to rule 15c2-11 the company found it paramount to continue improve the profile of the Company. While many of these structural changes have not been recognized in the market, they are designed to ensure the long-term viability of the company and provide a platform for long-term growth. \nOver the past 9 months the company has restructured debt, cancelled convertible preferred shares, reduced potential dilutive securities, cancelled outstanding warrants, reduced derivative liability and spun off non care assets to its shareholders. The debt restructure has reduced current liabilities which has been an inhibitor to growth and listing. These improvements will provide SinglePoint the ability to continue growth with accretive partners and raise capital at the bes...