SinglePoint Files for Nasdaq Uplisting

Jun 22, 2023 01:35 PM ET
  • SinglePoint Inc has filed to up-list to Nasdaq, offering one million shares at USD 6.00 per share. Net proceeds to be used for debt repayment and potential business acquisitions. Alexander Capital LP is the sole bookrunner. SinglePoint owns 80.1% of Boston Solar and 51% of Box Pure Air, plus other businesses in the agricultural and marketing industries.
SinglePoint Files for Nasdaq Uplisting

SinglePoint Inc, a US provider of renewable energy solutions and energy-efficient applications, has filed to up-list its shares on the Nasdaq stock exchange. The company is offering one million shares at a price of USD 6.00 per share, with the net proceeds to be used for debt repayment and potential business acquisitions. Alexander Capital LP is the sole bookrunner for the transaction. SinglePoint owns 80.1% of Boston Solar, which has installed over 5,000 solar systems in New England, and 51% of Box Pure Air, which distributes air purification products. It also has stakes in a number of other businesses in the agricultural and marketing industries.

Will SinglePoint Up-List to Nasdaq?

Will SinglePoint Up-List to Nasdaq?

  • SinglePoint has not announced plans to up-list to the Nasdaq
  • The company is in the process of growing its business and retail metal recycling operations, with no plans announced to apply to the Nasdaq
  • SinglePoint has established relationships with tech companies and has continued to acquire additional companies to grow its portfolio
  • SinglePoint is considered a penny stock and is currently traded on the OTCQB

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