Komo Plant
Based Foods Uplisted to OTCQB Venture Market
Vancouver,
B.C. – September 24, 2021 -- InvestorsHub NewsWire -- Komo
Plant Based Foods Inc. (CSE: YUM)
(OTCQB: KOMOF) (FRA:9HB)
("Komo" ), a fast growing plant-based food company,
today announces its successful uplisting from the OTC Pink Sheets
to the OTCQB® Venture Market (the "OTCQB"). Komo will commence
trading on the OTCQB with the market open on September 24, 2021,
under the symbol "KOMOF".
The OTCQB is a U.S. based active
trading platform recognized by the United States Securities and
Exchange Commission as an established public market. The OTCQB is
OTC Markets Group's premier market for early stage,
investor-focused U.S. and international companies. To be eligible,
companies must meet high financial standards, follow best practice
corporate governance, demonstrate compliance with U.S. securities
laws, be current in their disclosure, and have a professional
third-party sponsor introduction.
Komo's
shares also have the Depository Trust Company ("DTC") eligibility
in the U.S.
DTC
eligibility enables shares of Komo to be distributed, settled and
serviced through DTC's automated processes, thereby taking
advantage of the efficiencies created in the electronic method of
clearing securities and the resulting cost benefits that DTC
provides through accelerated settlement processes.
"Listing on the OTCQB Venture is
another important milestone and part of our long-term strategy to
introduce Komo's compelling story to the U.S. audience," says Komo
CEO William White. "The OTCQB listing expands our reach into the
institutional and retail investment community within the United
States, which promotes enhancing both visibility and liquidity with
the access to both U.S. institutional and retail investors as we
look to grow our global shareholder base."
Komo also announces expansion of
its strategic brand messaging campaign designed to align its
corporate mission amongst the investor community across North
America and Europe. Komo will continue to engage investor
communications, financial research, and cross platform digital
marketing service providers to increase public awareness regarding
corporate activities, strategic plans, and the investment
opportunity through the dissemination of Komo information
extrapolated from publicly disclosed investor presentations and
press releases.
The Company will continue to
trade on the Canadian Securities Exchange under the ticker "YUM"
and in Frankfort under the ticker symbol "9HB".
About
Komo
Komo Plant Based Foods Inc. is a
premium plant-based food company that develops, manufactures and
sells a variety of plant-based frozen meals that are always hearty,
satisfying, and made with wholesome ingredients. At Komo, our
mission is to help make plant-based meals a staple on every dinner
table by sharing our love for feel-good food that connects the
people to the planet. We believe plant-based eating is the future
and - Change can start with a single biteTM.
Our experienced plant-based innovation and development team
recreates vegan versions of traditionally cheesy and meaty
classics, with 100% plants. Komo's products are sold
direct-to-consumer through our eCommerce website and a distribution
network of online and brick and mortar grocery, convenience and
natural retailer channels. Our operating subsidiary Komo Comfort
Foods launched in 2021 with our flagship products: plant-based
Lasagna, Shepherd's Pie and Chick'n Pot Pie and has recently
launched a new line - Komo Plant-Based Meal
HelpersTM
- versatile meal starters to
allow the creation of many dishes at home.
Learn more at: www.komocomfortfoods.com
and follow on Instagram:
@komocomfortfoods
For further information, please
contact:
William White, President &
CEO, Komo Plant Based Foods Inc.
will@komoeats.com
1-866-969-0882
The Canadian Securities Exchange
has not reviewed, approved or disapproved the contents of this news
release.
Cautionary
Statement Regarding Forward-Looking Statements
Certain
statements contained in this press release constitute
forward-looking information. These statements relate to future
events or Komo's future performance. The use of any of the words
"could", "expect", "believe", "will", "projected", "estimated" and
similar expressions and statements relating to matters that are not
historical facts are intended to identify forward-looking
information and are based on Komo's current belief or assumptions
as to the outcome and timing of such future events. Actual future
results may differ materially. In particular, Komo's product
development plans, its ability to retain key personnel, and its
expectation as to the acceptance of its products by consumers
constitute forward-looking information. Actual results and
developments may differ materially from those contemplated by
forward-looking information. Readers are cautioned not to place
undue reliance on forward-looking information. The statements made
in this press release are made as of the date hereof. Komo
disclaims any intention or obligation to publicly update or revise
any forward-looking information, whether as a result of new
information, future events or otherwise, except as may be expressly
required by applicable securities laws.
