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NDBI reserves ticker symbol for NASDAQ debut
20 Jan
Summary
- Nuclear Diamond Batteries Inc. announced Nasdaq reserved its ticker symbol.
- The company is preparing for a planned uplisting to the NASDAQ Stock Market.
- The reservation is a procedural step pending regulatory and listing approvals.
Nuclear Diamond Batteries, Inc. (NDBI) has taken a procedural step towards a potential listing on the NASDAQ Stock Market. Nasdaq has reserved the ticker symbol NDBI for the company, signaling progress in its uplisting efforts.
This reservation is a preliminary administrative designation. NDBI anticipates submitting an application to FINRA to secure approval for the NDBI trading symbol. The company is actively preparing the required documentation for its Nasdaq uplisting, which is contingent upon meeting Nasdaq's listing standards and receiving regulatory approvals.
David Tobias, President of Nuclear Diamond Batteries, Inc., described the symbol reservation as a constructive procedural step. The company remains focused on fulfilling the necessary regulatory, financial, and operational requirements for a successful uplisting. NDBI is continuously evaluating the timing and structure of this initiative and will provide further updates on material developments.
