There were a number of stocks that had emerged as notable movers yesterday and one of those was the Galexxy Holdings Inc (OTCMKTS:GXXY) stock, which ended up with gains of as much as 7%.
Galexxy Holdings Inc., Moves Towards OTC: QX Markets Listing
The rally in the stock came about after the company announced that it appointed the services of BF Rogers PCOAB for the purpose of undertaking an audit. The audit had actually commenced back on January 3, 2023, and Galexxy Holdings expects it to be completed at some point in February 2023. Iain Saul, who is the Chief Executive Officer of the company, noted that the conclusion of the audit is going to help the company in finally getting the OTC QX listing for its stock.
He went on to add that it was part of the longer-term goal of Galexxy Holdings to eventually get its stock listed on the NASDAQ. However, that was not all. Saul also noted that the marketing plan that had been put in place by Galexxy Holdings had also achieved the desired results and had been detailed in some of the recent Press Releases that had been sent out by the company. The gains made through production gains as well as international distribution are going to be announced soon.
Galexxy’s CEO, Iain Saul stated that; “Galexxy’s Audit completion will enable the Company to achieve an OTC QX listing and file a Form 10 with the SEC. These are important steps towards our longer-range plan of up-listing onto the NASDAQ”.