If you are currently looking into the possibility of tracking innovative companies, then it could be a good time to consider taking a closer look into Grow Capital Inc. (OTC: GRWC). On Tuesday, the financial services and technology holding company came into focus in a big way after it provided significant new updates. We take a closer look in this feature.
The Updates
One of the updates was with regards to its continued efforts to gain full trading status under the OTC Market Pink tier. In that context, Grow Capital announced that its Form 211 was under initial review undertaken by a broker-dealer. Grow Capital also stated that it was working on the completion of updates to the form and expressed its optimism that the process was going to be completed quickly and seamlessly. Owing to the fact that the form was in process, the company’s subsidiaries had also started working on their ambitious plans for 2025.
Further Information
In addition to that, the company also revealed that in alignment with its purported initiatives, it had also grown its team and engaged the services of a number of executives. The new appointments had also included the addition of a number of consultants in both the professional and technical realms.
CEO Comment
“We are encouraged by the progress we’ve made on the regulatory front and excited about the operational strides our subsidiaries are achieving,” said Terry Kennedy, CEO of Grow Capital, Inc. “Once our Form 211 is processed by FINRA, and as we complete key milestones in the execution of our 2025 business plan, we expect to provide regular updates to highlight the exciting developments happening across our portfolio. Grow Capital is committed to delivering long-term value to our shareholders and executing our vision for 2025 and beyond.”
