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 investors
Broker-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 Statements
This 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 events or conditions, and include words such as believes, plans, anticipates, projects, estimates, expects, intends, strategy, future, opportunity, may, will, should, could, potential, or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q, and 8-K.