Bitzero Holdings Inc. (CSE: BITZ.U) (OTCQB: BTZRF) (FSE: 000) ("Bitzero" or the "Company"), a provider of sustainable blockchain and high-performance compute (HPC) data center infrastructure, is pleased to announce that it has submitted an application to list on The Nasdaq Stock Market ("NASDAQ") and is currently in the review process. The Company is seeking a listing on Nasdaq to strengthen its visibility among investors as part of its broader capital markets strategy, with the aim of increasing shareholder value. In connection with the proposed uplisting, the Company has applied to list its common shares ("Shares") under the symbol "AIBZ", subject to Nasdaq approval.
"Applying for a Nasdaq listing marks an important milestone in our company's growth journey. We believe this step will broaden our access to global capital markets, increase our visibility within the investment community, and reinforce our commitment to transparency and long-term value creation," said Bitzero's Founder and CEO, Mohammed Bakhashwain. "We are excited about the opportunities this potential listing represents for our shareholders and stakeholders alike."
The Company intends to file a registration statement on Form 40-F with the U.S. Securities and Exchange Commission ("SEC") in connection with the proposed Nasdaq listing. The proposed listing of the Shares on Nasdaq is subject to Nasdaq approval of the Company's listing application, the Company satisfying all applicable listing and regulatory requirements, and the Form 40-F registration statement becoming effective under the U.S. Securities Exchange Act of 1934, as amended. There can be no assurance that Nasdaq will approve the Company's listing application or that the proposed listing will be completed. The Shares will continue to trade on the Canadian Securities Exchange under the symbol "BITZ.U".
