Natural Shrimp Announces Filing of Application to List on Cboe US
Company also Extending Engagement with Investment Banking Partner to Underwrite Capital Raise
The Company has also begun the restructuring process of its existing debt and mezzanine securities in order to meet Cboe US' shareholders' equity requirements and has identified a lead investor of up to
Historically, for micro- and small-cap companies in particular, there were only two options when choosing a senior exchange on which to execute their initial public offering, uplisting or cross-listing transaction: the Nasdaq Capital Market (Nasdaq) or the NYSE American (NYSE). As recently as mid-2023, a third option emerged when Cboe Global Markets made it possible for companies to list on its U.S. market. This has now made it possible for micro- and small-cap companies to choose an alternative for their stakeholders' benefit.
While Cboe US as a senior exchange is new for issuers, Cboe is not new to the exchange arena, having just celebrated its 50th anniversary in 2023 as a world leader in options trading, including having run stock exchanges in several countries over the last decade, including the
The Company expects to announce new market opportunities, completion and capitalization of its existing facilities, and new domestic and international expansion opportunities in the coming weeks.
About Natural Shrimp
Forward-Looking Statements
This press release contains a number of forward-looking statements that reflect management's current views with respect to future events and financial performance. Forward-looking statements are projections in respect of future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such as "may," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these terms or other comparable terminology. These statements include statements regarding the intent, belief or current expectations of us and members of our management team, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risk and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties and other factors, including the risks set forth in the section entitled "Risk Factors" in the Company's Annual Report on Form 10-K for the fiscal year ended
View original content:https://www.prnewswire.com/news-releases/natural-shrimp-announces-filing-of-application-to-list-on-cboe-us-302119472.html
SOURCE