
The OTCQB-traded company says its Nasdaq Capital Market application remains under review, with approval still uncertain.
Globaltech Corporation’s common stock resumed trading under the symbol GLTK on the OTCQB Market on September 28. Shares had temporarily traded as GLTKD after the company’s 1-for-3 reverse stock split took effect on August 27.
The temporary symbol period ended on September 25, the company said. Globaltech’s shares continue to trade on the OTCQB as it pursues a planned uplisting to the Nasdaq Capital Market.
Nasdaq is still reviewing the application and has not approved it. The company said an uplisting depends on meeting listing requirements and receiving approval, and gave no assurance on whether or when that will happen.
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Source: Yahoo Finance