BFYW Announces Plans to Up-List to the OTCQB
UP-LISTING PLANS IN MOTION
Columbus, Ohio--(Newsfile Corp. - November 12, 2021) - Better For You Wellness, Inc. (OTC Pink: BFYW) ("Better For You Wellness" or the "Company"), an Ohio-based blank check company focused on the rapidly-growing $1.5T wellness industry, is pleased to announce that it plans to up-list its common stock to the OTCQB® Venture Marketplace (the "OTCQB"). The OTCQB is recognized by the Securities and Exchange Commission (the "SEC") as an established public market and provides current public information to investors that need to analyze, value, and trade securities.
The OTCQB increases transparency, reporting standards, management certification, and compliance requirements, which can result in greater liquidity and awareness for companies that meet the OTCQB tier standard.
"As the Company works its way towards meeting NASDAQ or NYSE listing requirements, uplisting to the OTCQB is an important next step in our overall strategic plan to grow the Company and enhance its position in the public markets," said Ian James, Chief Executive Officer of Better For You Wellness. "Management believes that uplisting to the OTCQB could potentially increase BFYW's visibility to the investment community, particularly to institutional investors, as the Company continues to grow and establish itself as a leader in the wellness industry. This broader awareness and added liquidity should result in expanding our shareholder base while increasing shareholder value for existing shareholders."