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Universal New Energy Holding Group, Inc. Announces Processing of Form 211; Market Maker Initiates Priced Quotations for UNEH
Universal New Energy Holding Group, Inc. Announces Processing of Form 211; Market Maker Initiates Priced Quotations for UNEH.
About this update from Universal New Energy Holding Group, Inc.
[{"type":"text","content":"Universal New Energy Holding Group, Inc. (OTC: UNEH) (“the Company”), a Nevada-based entity focused on developing next-generation energy storage and battery solutions, announces that FINRA has processed a Form 211 submitted by Glendale Securities, Inc. in connection with UNEH. As a result, the submitting broker-dealer may initiate priced quotations for UNEH, in accordance with FINRA Rule 6432 and SEC Rule 15c2-11.What this means for investorsBroker-dealer quotations resume: A qualified market maker has demonstrated compliance to FINRA under Rule 6432’s information-review requirements tied to SEC Rule 15c2-11 and may publish priced quotes for UNEH on an interdealer quotation system.Trading access through supporting brokerages: With priced quotes available on OTC Link ATS, an SEC-regulated alternative trading system connecting a network of FINRA member broker-dealers, investors can typically buy and sell UNEH through U.S. brokerages that support OTC Markets trading (availability varies by firm).Important regulatory note: FINRA’s “processing” of a Form 211 is not an approval or endorsement of the Company, its securities, or its business; it relates solely to the submitting broker-dealer’s obligations to comply with FINRA Rule 6432 and SEC Rule 15c2-11 when initiating quotations.The Company will continue to maintain current public disclosures to support ongoing quotation and investor transparency pursuant to SEC Rule 15c2-11. About Universal New Energy Holding Group, Inc.Universal New Energy Holding Group, Inc. (OTC: UNEH) engages in research, development, production, and technical services for battery technologies, recycling, and energy storage solutions. The company is developing capabilities across battery materials, cells, and systems and is building a sustainable, vertically integrated battery ecosystem. UNEH customizes battery cell and system solutions to meet demand from clients in the energy storage and electric-vehicle sectors.Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future event...