Las Vegas, NV, May 03, 2022 (GLOBE NEWSWIRE) — (via Blockchain Wire) Fernhill Corp (OTC:FERN) received a notification from NASDAQ’s Symbol Reservation Service stating: “Your reservation request for the ticker symbol ‘FERN’, for Fernhill Corp., Inc. has been approved and will be reserved for you for twenty-four months from the reservation date of May 02, 2024. Nasdaq is committed to supporting our global network of businesses through all life stages – before, during and after registration.”
All securities listed on the New York Stock Exchange, the United States Stock Exchange or the NASDAQ system are identified by a stock symbol or a unique ticker symbol. The stock symbol appears on the “downloadable strip” that scrolls across the bottom of most financial news programs whenever the stock is traded.
Chris Kern, Chairman, said: “Getting a symbol reserved for trading on a senior exchange is a very important step for Fernhill. The fact that we were able to secure our symbol so quickly for the Nasdaq is another big step towards our goal of going public for this exchange. We will continue to strive to meet corporate governance listing standards and other requirements knowing that our symbol reservation is now approved.
Earlier this week, Fernhill officially submitted an application to the NASDAQ Capital Market Exchange. The application has been registered and an analyst will be appointed to assist the Company throughout the registration process.
Fernhill will continue to submit additional information and documentation as needed based on feedback it receives from the listing analyst and others who will assist the company, ensuring they meet all required qualifications for NASDAQ Capital Markets securities under Rule 4300 and/or any other applicable regulatory requirements. Fernhill will also be required to adhere to corporate governance standards set by NASDAQ. In addition, Fernhill must comply with various registration requirements relating to audit committees, director nomination process, executive compensation, board composition, executive sessions, quorum and code of conduct. , among others.
Fernhill will continue to trade on the OTC markets under the symbol (OTC:FERN) throughout the process and will continue to trade under this symbol after our transition to a senior exchange.
Fernhill Corp is a Web3 holding company focused on developing and acquiring businesses in cryptocurrency mining, digital asset trading, NFTs, DeFi and Metaverse which form the foundation of the economy tokenized. Fernhill is a signatory member of the Crypto Climate Accord (CCA).
For all official Fernhill corporate information, please refer to our filings, news and updates on the following resources:
Fernhill website: FernhillCorp.com
Company contact information: [email protected]
All other links are unofficial and should be treated as such and have nothing to do with Fernhill Corp or its affiliates.
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Forward-Looking Statements: This 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. Certain statements set forth in this press release constitute ‘forward-looking statements.’ Forward-looking statements include, but are not limited to, any statement that may predict, forecast, indicate or imply future results, performance or achievements, and may contain the words “estimate”, “project”, “intend”. , ‘anticipate’, ‘anticipate’, ‘plan’, ‘plan’, ‘expect’, ‘believe’, ‘probably will’, ‘should’, ‘could’, ‘would’, ‘could’ or words or phrases of similar meaning. These statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company’s actual results and financial condition to differ materially from those included in the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company’s ability to develop its business. Actual results may differ materially from anticipated results and results reported should not be considered as an indication of future performance. Potential risks and uncertainties include, among others, the Company’s limited operating history, limited financial resources, domestic or global economic conditions, competition, changes in technology and marketing methods, delays in the completion of various engineering and manufacturing programs, changes in model customer orders, changes in product lineup, the continued success of technological advances and the delivery of technological innovations, component shortages, production delays due to performance quality issues with outsourced suppliers, services or components, and various other factors beyond the Company’s control.