Grande West Announces Share Consolidation and Name Change to Vicinity Motor Corp.
Name Change to Reflect Increasing Focus on Next-Generation Electric (EV) Bus Commercialization Efforts
Company Announces Share Consolidation Pending Shareholder Approval to Meet Near-Term NASDAQ Uplisting Requirements
https://ca.finance.yahoo.com/news/grande-west-announces-share-consolidation-133100368.html
"We are thrilled to announce our name change to Vicinity Motor Corp. and our pursuit of a NASDAQ listing in 2021," said William Trainer, President and Chief Executive Officer of the Company. "We believe that a NASDAQ listing will enable us to improve liquidity, broaden our potential shareholder base to U.S. investors and best allow the Company to achieve fair value in the capital markets. I look forward to continued operational and capital markets execution in the months ahead, positioning the company for what I believe will be a watershed year."
KNR's distribution agreement to supply these busses with Biocloud back in December, good sign for them, it would be nice to see us follow suit into an uplisting sometime soon (hopefully without a split, as sometimes R/S end poorly.. )