Zoglo’s Incredible Food Corp., a plant-based food company, announced that its shares have been accepted for listing and have commenced trading on the Frankfurt Stock Exchange (FSE) under the symbol "7UT".
The company's shares are now cross-listed on the Canadian Securities Exchange and the FSE -- one of the world's leading international stock exchanges by revenue, profitability, and market capitalization and is the largest of Germany's stock exchanges.
"Our listing on the Frankfurt Stock Exchange is an exciting milestone for the company,” said Zoglo’s CEO Anthony Morello in a statement. “There is significant demand from European investors for plant-based stories like ours, and we are pleased that it will now be easier for those investors to participate in our growth, particularly as we expand operations across Europe.”
READ: Zoglo's Incredible Food signs binding MOU to acquire 51% interest in European plant-based food company Monday Swiss UK
The company said it is also applying to have its common shares posted for trading on the OTCQB Venture Market, a US-based trading platform that is operated by the OTC Markets Group in New York.
The posting of its shares on the OTCQB remains subject to having a Form 211 cleared by the Financial Industry Regulatory Authority (FINRA), satisfying OTCQB eligibility standards, and the approval of the OTCQB Markets Group.
Zoglo’s said it believes that trading on the OTCQB will increase its visibility within the US capital markets and will provide further information once its common shares commence trading on the OTCQB.
The OTCQB market is a premier marketplace for early-stage and developing companies that are committed to providing a high-quality trading and information experience for US investors. Investors can find real-time level 2 quotes and market information for OTCQB-listed companies on the OTC Markets website.
Contact the author: patrick@proactiveinvestors.com
Follow him on Twitter @PatrickMGraham