05/12/2025 | Press release | Distributed by Public on 05/12/2025 13:29
Item 8.01 Other Events.
Uplisting to OTCQB Market
On May 9th 2025, the OTC Markets Group Inc., informed BrooQLy, Inc. ("BrooQLy" or the "Company") that it has been approved for uplisting to the OTCQB Venture Market (the "OTCQB"). Trading on the OTCQB is expected to commence on or about May 12th, under the Company's current ticker symbol BRQL.
The OTCQB is a significant step for emerging companies seeking to build shareholder value and expand market exposure. Uplisting to the OTCQB provides greater liquidity, increased visibility to investors, enhanced credibility among market participants, and the opportunity for improved trading volumes. In addition, OTCQB listed companies are required to meet higher reporting and compliance standards compared to the OTC Pink Open Market, including annual verification and certification processes designed to promote transparency to investors. These enhanced standards directly correlate with some of the requirements needed for a National Exchange uplisting.
Ticker Reservation for Future Uplisting
In connection with its longer-term strategic goals, BrooQLy has reserved the ticker symbol "DAS," representing "Dynamic Aerospace Systems," in preparation for a future uplisting on the New York Stock Exchange (NYSE). While there is no guarantee of an uplisting occurring, the reservation of the DAS ticker symbol with the NYSE reflects the Company's vision and intent to continue building toward the necessary qualifications to support such a move in the future.
The Company believes securing the DAS symbol further aligns with its brand evolution and reinforces the strategic emphasis on aerospace, logistics, and advanced drone technologies through its Dynamic Aerospace Systems operating division.
Forward-looking Statement:
This Current Report on Form 8-K contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including but not limited to statements regarding the expected benefits of trading on the OTCQB Market and the Company's future plans regarding a potential uplisting to a national securities exchange. These forward-looking statements are based on current expectations, estimates, forecasts, and projections and reflect the beliefs and assumptions of management as of the date hereof. Words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates," and similar expressions are intended to identify such forward-looking statements.