Natural Shrimp Announces Filing of Application to List on Cboe US [Yahoo! Finance]
CBOE GLOBAL MARKETS INC (CBOE)
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Source: Yahoo! Finance
DALLAS April 17, 2024 /PRNewswire/ -- Natural Shrimp Incorporated (OTCQB: SHMP), a Biotechnology Aquaculture Company (the "Company") that has developed and patented the first seafood-focused commercially operational RAS (Recirculating Aquaculture System), is pleased to announce that the Company has filed an initial application to list its securities on the Chicago Board of Options Exchange (Cboe US) BZX exchange (the "Exchange"). In addition, the Company has extended its engagement with its investment banking partner to underwrite a capital raise concurrent with the Cboe US listing. The Company has also begun the restructuring process of its existing debt and mezzanine securities in order to meet Cboe US' shareholders' equity requirements and has identified a lead investor of up to $1.5M of an anticipated capital raise of between $5M $10M Historically, for micro- and small-cap companies in particular, there were only two options when choosing a senior exchange on which to execute
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