SpringBig Announces Transition to the OTCQX® Best Market and Changes in its Board of Directors
BOCA RATON, Fla., Sept. 01, 2023 (GLOBE NEWSWIRE) — SpringBig Holdings, Inc. (the “Company,” “our” or “we”) (NASDAQ: SBIG), a leading provider of vertical SaaS-based marketing solutions, consumer mobile app experiences, and omnichannel loyalty programs, today announced that it expects its securities will be delisted from the Nasdaq Capital Market and that it expects its…
What Does This Transition Mean?
By transitioning to the OTCQX® Best Market, SpringBig Holdings, Inc. will be moving from a larger exchange to a more specialized and prestigious market. This transition can provide the company with more visibility among investors who are specifically looking for opportunities in the over-the-counter market.
Changes in the Board of Directors
Along with the transition to the OTCQX® Best Market, SpringBig also announced changes in its board of directors. This shakeup can bring fresh perspectives and expertise to the company’s leadership, potentially driving innovation and growth in the future.
How Will This Affect Me?
As an investor, the delisting of SpringBig’s securities from the Nasdaq Capital Market may initially cause some uncertainty. However, the move to the OTCQX® Best Market could potentially offer new opportunities for investment and growth. It’s important to stay informed about the company’s performance and future prospects to make informed decisions.
How Will This Affect the World?
SpringBig’s transition to the OTCQX® Best Market and changes in its board of directors may have broader implications for the business world. It could signal a new direction for the company and impact the industry as a whole, potentially influencing trends in marketing solutions, consumer app experiences, and loyalty programs.
Conclusion
In conclusion, SpringBig’s announcement of its transition to the OTCQX® Best Market and changes in its board of directors marks a significant milestone for the company. This decision has the potential to bring about exciting opportunities for investors and drive innovation in the industry. It will be interesting to see how these changes unfold in the coming months and what impact they will have on the company’s future success.
