Air Freight News

OMNIQ Corp. announces uplisting to OTCQB venture market

Aug 01, 2024

OMNIQ CORP., a leading provider of AI-based solutions for supply chain management, public safety, and healthcare, has announced that its common stock has been approved for uplisting from the OTC Pink Market to the OTCQB Venture Market, effective immediately.

The OTCQB Venture Market, operated by OTC Markets Group, is recognized as a premier marketplace for early-stage and developing U.S. and international companies. The move to OTCQB reflects OMNIQ’S commitment to increasing transparency, improving investor confidence, and attracting a broader base of shareholders. This significant milestone underscores the Company’s sustained growth, financial stability, and adherence to high standards of corporate governance and disclosure.

“We are thrilled to announce our uplisting to the OTCQB Venture Market,” said Shai Lustgarten, CEO of omniQ® Inc. “This achievement marks a crucial step in our strategic plan, enhancing our visibility within the investment community and providing greater liquidity for our shareholders. The uplisting not only validates our business model and operational achievements but also sets the stage for future expansion.”

The transition to OTCQB is expected to provide current and potential investors with better trading conditions, including improved market depth and reduced spreads. Additionally, it highlights the Company’s ongoing efforts to meet rigorous financial and operational standards.

OMNIQ continues to leverage its proprietary AI technology to deliver innovative solutions that optimize supply chain operations, enhance public safety, and improve healthcare outcomes. The Company’s advancements in machine vision and IoT (Internet of Things) have positioned it as a leader in the intelligent technology space, driving efficiency and sustainability across various industries.

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