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Business Wire
25-06-2025
- Business
- Business Wire
Superior Industries International, Inc. Receives NYSE Delisting Notice
SOUTHFIELD, Mich.--(BUSINESS WIRE)-- Superior Industries International, Inc. ('Superior' or the 'Company') (NYSE:SUP), one of the world's leading aluminum wheel suppliers, today announced that on June 24, 2025, it received a written notice from the New York Stock Exchange (the 'NYSE') that the NYSE had determined to (A) immediately suspend trading in the Company's common stock, par value $0.01 per share (the 'Common Stock'), due to a determination that the Company had fallen below the NYSE's continued listing standard requiring listed companies to maintain an average global market capitalization over a consecutive 30 trading day period of at least $15,000,000 pursuant to Section 802.01B of the NYSE Listed Company Manual, and (B) commence proceedings to delist the Common Stock. The NYSE stated that it will apply to the Securities and Exchange Commission (the 'SEC') to delist the Common Stock upon completion of all applicable procedures, including any appeal by the Company of the NYSE's delisting determination. The Company does not intend to appeal the delisting determination. Upon suspension of the trading of the Common Stock on NYSE, the Company expects that the Common Stock will trade publicly on the Pink Open Market operated by the OTC Markets Group, Inc. (commonly referred to as the 'pink sheets') under the ticker symbol 'SSUP' beginning on June 25, 2025. About Superior Industries Superior is one of the world's leading aluminum wheel suppliers. Superior's team collaborates with customers to design, engineer, and manufacture a wide variety of innovative and high-quality products utilizing the latest light weighting and finishing technologies. Superior serves the European aftermarket with the brands ATS®, RIAL®, ALUTEC®, and ANZIO®. Superior is headquartered in Southfield, Michigan. For more information, please visit Forward-Looking Statements This press release contains statements that are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that do not relate solely to historical or current facts and can generally be identified by the use of future dates or words such as 'assumes,' 'may,' 'should,' 'could,' 'will,' 'expects,' 'expected,' 'seeks to,' 'anticipates,' 'plans,' 'believes,' 'estimates,' 'foresee,' 'intends,' 'guidance,' 'predicts,' 'projects,' 'projecting,' 'potential,' 'targeting,' 'will likely result,' or 'continue,' or the negative of such terms and other comparable terminology. These forward-looking statements involve a number of risks and uncertainties, some of which are beyond Superior's control, including, without limitation, future fluctuations in the Company's market capitalization and stockholders' equity; and the expected timing and process for listing on the Pink Open Market. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, risks, and uncertainties discussed in Superior's SEC filings and reports. New risks and uncertainties arise from time to time, and it is impossible for us to predict these events or how they may affect Superior. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events and/or otherwise, except as may be required by law
Yahoo
12-05-2025
- Business
- Yahoo
AITX Supports New OTCID Market Structure, Embraces Higher Standards
Company Aligns with Upcoming OTCID Market, Reinforcing Its Commitment to Transparency, Growth, and Investor Confidence Detroit, Michigan--(Newsfile Corp. - May 12, 2025) - Artificial Intelligence Technology Solutions, Inc., (OTC Pink: AITX) (the "Company"), a global leader in AI-driven security and productivity solutions, today affirmed its support for the July 2025 launch of the OTCID Market. Designed to elevate disclosure and reporting requirements for companies on the over-the-counter markets, the OTCID Market offers a long-anticipated advancement in transparency and structure. AITX views the transition as a significant and necessary improvement for issuers and investors alike, and it has already completed the application process to participate under the new designation. To view an enhanced version of this graphic, please visit: The upcoming launch of the OTCID Market represents a welcomed evolution in over-the-counter trading. For years, the Pink Open Market has served as a wide entry point for public companies, but its reputation has been shaped by inconsistent disclosure practices and minimal oversight. The introduction of OTCID creates a modern framework that distinguishes companies committed to rigorous financial reporting, investor transparency, and operational accountability. As OTC Markets advances this new tier, it signals a stronger commitment to information integrity, something long requested by serious investors. "This shift is timely, and it aligns perfectly with the direction we've already been heading," said Steve Reinharz, CEO of AITX. "We believe the market will reward transparency, discipline, and forward momentum, and OTCID is a meaningful platform for companies like ours that are building for long-term growth and eventual uplisting. AITX welcomes the higher standard and the opportunity to further demonstrate our progress to the investment community." AITX has consistently exceeded the disclosure benchmarks associated with the Pink Current tier by filing detailed periodic reports with the Securities and Exchange Commission (SEC). These filings go beyond basic OTC requirements, providing investors with audited financials, executive compensation details, management discussion and analysis, and other material disclosures. By maintaining this standard since 2019, AITX has demonstrated a disciplined and transparent approach to public company operations, well in line with the expectations anticipated under the new OTCID structure. "We view OTCID as another step that affirms our direction, transparency, and discipline. Our path to NASDAQ requires progress at every level, and we welcome frameworks that support that momentum," concluded Reinharz. As the OTCID Market prepares to launch, AITX stands ready to meet its elevated standards. The Company views this transition as a pivotal step toward broader market recognition and enhanced investor confidence. By aligning with OTCID's commitment to transparency and accountability, AITX reinforces its dedication to long-term growth and value creation for its shareholders. AITX, through its subsidiary, Robotic Assistance Devices, Inc. (RAD), is redefining the nearly $50 billion (US) security and guarding services industry1 through its broad lineup of innovative, AI-driven Solutions-as-a-Service business model. RAD solutions are specifically designed to provide cost savings to businesses of between 35%-80% when compared to the industry's existing and costly manned security guarding and monitoring model. RAD delivers these tremendous cost savings via a suite of stationary and mobile robotic solutions that complement, and at times, directly replace the need for human personnel in environments better suited for machines. All RAD technologies, AI-based analytics and software platforms are developed in-house. The Company's operations and internal controls have been validated through successful completion of its SOC 2 Type 2 audit, reinforcing the Company's credibility with enterprise and government clients who require strict data protection and security compliance. RAD has a prospective sales pipeline of over 35 Fortune 500 companies and numerous other client opportunities. RAD expects to continue to attract new business as it converts its existing sales opportunities into deployed clients generating a recurring revenue stream. Each Fortune 500 client has the potential of making numerous reorders over time. AITX is an innovator in the delivery of artificial intelligence-based solutions that empower organizations to gain new insight, solve complex challenges and fuel new business ideas. Through its next-generation robotic product offerings, AITX's RAD, RAD-R, RAD-M and RAD-G companies help organizations streamline operations, increase ROI, and strengthen business. AITX technology improves the simplicity and economics of patrolling and guard services and allows experienced personnel to focus on more strategic tasks. Customers augment the capabilities of existing staff and gain higher levels of situational awareness, all at drastically reduced cost. AITX solutions are well suited for use in multiple industries such as enterprises, government, transportation, critical infrastructure, education, and healthcare. To learn more, visit and or follow Steve Reinharz on Twitter @SteveReinharz. CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTSThe information contained in this publication does not constitute an offer to sell or solicit an offer to buy securities of Artificial Intelligence Technology Solutions, Inc. (the "Company"). This publication contains forward-looking statements, which are not guarantees of future performance and may involve subjective judgment and analysis. The information provided herein is believed to be accurate and reliable, however the Company makes no representations or warranties, expressed or implied, as to its accuracy or completeness. There is no guarantee that the Company will achieve a NASDAQ listing. The Company has no obligation to provide the recipient with additional updated information. No information in this publication should be interpreted as any indication whatsoever of the Company's future revenues, results of operations, or stock price. ### Steve Reinharz949-636-7060@SteveReinharz 1 To view the source version of this press release, please visit
Business Upturn
22-04-2025
- Business
- Business Upturn
NewHydrogen Announces Uplisting to OTCQB Venture Market
Milestone strengthens transparency and credibility as the Company advances development of its ThermoLoop ™ technology SANTA CLARITA, Calif., April 22, 2025 (GLOBE NEWSWIRE) — NewHydrogen, Inc. (OTCQB:NEWH), the developer of ThermoLoop™, a breakthrough technology that uses water and heat rather than electricity to produce the world's cheapest green hydrogen, today announced that its common stock has been approved for uplisting to the OTCQB Venture Market. The company began trading on the OTCQB under the ticker symbol 'NEWH' effective April 21, 2025. The OTCQB Venture Market is a significant step up from the Pink Open Market and is designed for early-stage and developing U.S. and international companies. To qualify for OTCQB, companies must meet higher reporting standards, undergo annual verification and management certification, and be current in their financial reporting. 'Uplisting to the OTCQB marks an important milestone for NewHydrogen,' said Steve Hill, CEO of NewHydrogen. 'It reflects our continued commitment to transparency, strong governance, and delivering long-term value to our shareholders as we work to develop the world's cheapest green hydrogen.' The Company believes the uplisting will expand its visibility to a broader group of U.S. and international investors and provide improved liquidity for its stock as it advances its ThermoLoop platform toward commercialization. To learn more about ThermoLoop™ and NewHydrogen's mission to produce the world's cheapest green hydrogen, please visit . About NewHydrogen, Inc. NewHydrogen is developing ThermoLoop™ – a breakthrough technology that uses water and heat rather than electricity to produce the world's lowest cost green hydrogen. Hydrogen is the cleanest and most abundant element in the universe, and we can't live without it. Hydrogen is the key ingredient in making fertilizers needed to grow food for the world. It is also used for transportation, refining oil and making steel, glass, pharmaceuticals and more. Nearly all the hydrogen today is made from hydrocarbons like coal, oil, and natural gas, which are dirty and limited resources. Water, on the other hand, is an infinite and renewable worldwide resource. Currently, the most common method of making green hydrogen is to split water into oxygen and hydrogen with an electrolyzer using green electricity produced from solar or wind. However, green electricity is and always will be very expensive. It currently accounts for 73% of the cost of green hydrogen. By using heat directly, we can skip the expensive process of making electricity, and fundamentally lower the cost of green hydrogen. Inexpensive heat can be obtained from concentrated solar, geothermal, nuclear reactors and industrial waste heat for use in our novel low-cost thermochemical water splitting process. Working with a world class research team at UC Santa Barbara, our goal is to help usher in the green hydrogen economy that Goldman Sachs estimated to have a future market value of $12 trillion. Safe Harbor Statement Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words 'anticipate,' 'believe,' 'estimate,' 'may,' 'intend,' 'expect' and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, the impact on the national and local economies resulting from terrorist actions, the impact of public health epidemics on the global economy and other factors detailed in reports filed by the Company with the United States Securities and Exchange Commission. Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise. Investor Relations Contact: NewHydrogen, Inc. [email protected] Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
Yahoo
22-04-2025
- Business
- Yahoo
NewHydrogen Announces Uplisting to OTCQB Venture Market
SANTA CLARITA, Calif., April 22, 2025 (GLOBE NEWSWIRE) -- NewHydrogen, Inc. (OTCQB:NEWH), the developer of ThermoLoop™, a breakthrough technology that uses water and heat rather than electricity to produce the world's cheapest green hydrogen, today announced that its common stock has been approved for uplisting to the OTCQB Venture Market. The company began trading on the OTCQB under the ticker symbol 'NEWH' effective April 21, 2025. The OTCQB Venture Market is a significant step up from the Pink Open Market and is designed for early-stage and developing U.S. and international companies. To qualify for OTCQB, companies must meet higher reporting standards, undergo annual verification and management certification, and be current in their financial reporting. 'Uplisting to the OTCQB marks an important milestone for NewHydrogen,' said Steve Hill, CEO of NewHydrogen. 'It reflects our continued commitment to transparency, strong governance, and delivering long-term value to our shareholders as we work to develop the world's cheapest green hydrogen.' The Company believes the uplisting will expand its visibility to a broader group of U.S. and international investors and provide improved liquidity for its stock as it advances its ThermoLoop platform toward commercialization. To learn more about ThermoLoop™ and NewHydrogen's mission to produce the world's cheapest green hydrogen, please visit About NewHydrogen, Inc. NewHydrogen is developing ThermoLoop™ – a breakthrough technology that uses water and heat rather than electricity to produce the world's lowest cost green hydrogen. Hydrogen is the cleanest and most abundant element in the universe, and we can't live without it. Hydrogen is the key ingredient in making fertilizers needed to grow food for the world. It is also used for transportation, refining oil and making steel, glass, pharmaceuticals and more. Nearly all the hydrogen today is made from hydrocarbons like coal, oil, and natural gas, which are dirty and limited resources. Water, on the other hand, is an infinite and renewable worldwide resource. Currently, the most common method of making green hydrogen is to split water into oxygen and hydrogen with an electrolyzer using green electricity produced from solar or wind. However, green electricity is and always will be very expensive. It currently accounts for 73% of the cost of green hydrogen. By using heat directly, we can skip the expensive process of making electricity, and fundamentally lower the cost of green hydrogen. Inexpensive heat can be obtained from concentrated solar, geothermal, nuclear reactors and industrial waste heat for use in our novel low-cost thermochemical water splitting process. Working with a world class research team at UC Santa Barbara, our goal is to help usher in the green hydrogen economy that Goldman Sachs estimated to have a future market value of $12 trillion. Safe Harbor Statement Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, the impact on the national and local economies resulting from terrorist actions, the impact of public health epidemics on the global economy and other factors detailed in reports filed by the Company with the United States Securities and Exchange Commission. Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise. Investor Relations Contact: NewHydrogen, in to access your portfolio
