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Elvictor Group Approved for OTCID Basic Market as Part of Strategic Growth Plan

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Elvictor Group (OTC PINK:ELVG) has received approval for its application to the OTCID Basic Market, with the upgrade scheduled to take effect in July 2025. This development is part of the company's strategic growth initiative to enhance its capital markets presence.

To qualify for the OTCID Basic Market, Elvictor met several key requirements, including subscription to the OTCID Disclosure & News Service, maintaining current SEC EDGAR disclosures, completing annual Management Certification, maintaining a Verified Company Profile, and providing updated share data through the Transfer Agent Verified Shares Program.

The upgrade aligns with Elvictor's March 2025 operational update, which outlined plans for modernizing financial systems, improving transparency, and enhancing investor communications, potentially leading to an uplisting to a national exchange.

Elvictor Group (OTC PINK:ELVG) ha ricevuto l'approvazione per la sua domanda di accesso al Mercato Base OTCID, con l'aggiornamento previsto per entrare in vigore a luglio 2025. Questo sviluppo fa parte dell'iniziativa strategica di crescita dell'azienda per migliorare la sua presenza nei mercati dei capitali.

Per qualificarsi per il Mercato Base OTCID, Elvictor ha soddisfatto diversi requisiti chiave, tra cui l'iscrizione al Servizio di Informazione e Notizie OTCID, il mantenimento delle attuali divulgazioni SEC EDGAR, il completamento della Certificazione Annuale della Direzione, il mantenimento di un Profilo Aziendale Verificato e la fornitura di dati aggiornati sulle azioni attraverso il Programma di Azioni Verificate dell'Agente di Trasferimento.

L'aggiornamento è in linea con l'aggiornamento operativo di Elvictor di marzo 2025, che ha delineato piani per modernizzare i sistemi finanziari, migliorare la trasparenza e potenziare le comunicazioni con gli investitori, con la possibilità di un passaggio a una borsa nazionale.

Elvictor Group (OTC PINK:ELVG) ha recibido la aprobación para su solicitud al Mercado Básico OTCID, con la actualización programada para entrar en vigor en julio de 2025. Este desarrollo es parte de la iniciativa estratégica de crecimiento de la empresa para mejorar su presencia en los mercados de capitales.

Para calificar para el Mercado Básico OTCID, Elvictor cumplió con varios requisitos clave, incluyendo la suscripción al Servicio de Divulgación y Noticias OTCID, el mantenimiento de las divulgaciones actuales de SEC EDGAR, la finalización de la Certificación Anual de la Dirección, el mantenimiento de un Perfil de Empresa Verificado y la provisión de datos actualizados sobre acciones a través del Programa de Acciones Verificadas del Agente de Transferencia.

La actualización está alineada con la actualización operativa de Elvictor de marzo de 2025, que delineó planes para modernizar los sistemas financieros, mejorar la transparencia y potenciar las comunicaciones con los inversores, lo que podría llevar a una lista en una bolsa nacional.

Elvictor Group (OTC PINK:ELVG)가 OTCID 기본 시장에 대한 신청이 승인되었으며, 업그레이드는 2025년 7월에 시행될 예정입니다. 이 개발은 자본 시장 내 입지를 강화하기 위한 회사의 전략적 성장 이니셔티브의 일환입니다.

OTCID 기본 시장에 자격을 갖추기 위해 Elvictor는 OTCID 공시 및 뉴스 서비스 구독, 현재 SEC EDGAR 공시 유지, 연간 경영 인증 완료, 인증된 회사 프로필 유지, 이전 대리인을 통한 업데이트된 주식 데이터 제공 등 여러 주요 요구 사항을 충족했습니다.

이 업그레이드는 2025년 3월 Elvictor의 운영 업데이트와 일치하며, 재무 시스템 현대화, 투명성 개선, 투자자 커뮤니케이션 강화 계획을 개요하고 있으며, 이는 국가 거래소로의 상장 가능성으로 이어질 수 있습니다.

Elvictor Group (OTC PINK:ELVG) a reçu l'approbation de sa demande pour le Marché de Base OTCID, avec une mise à niveau prévue pour entrer en vigueur en juillet 2025. Ce développement fait partie de l'initiative stratégique de croissance de l'entreprise pour améliorer sa présence sur les marchés de capitaux.

Pour se qualifier pour le Marché de Base OTCID, Elvictor a satisfait à plusieurs exigences clés, notamment l'abonnement au Service de Divulgation et d'Actualités OTCID, le maintien des divulgations SEC EDGAR actuelles, l'achèvement de la Certification Annuelle de la Direction, le maintien d'un Profil d'Entreprise Vérifié et la fourniture de données sur les actions mises à jour via le Programme d'Actions Vérifiées de l'Agent de Transfert.

La mise à niveau est en accord avec la mise à jour opérationnelle d'Elvictor de mars 2025, qui a décrit des plans pour moderniser les systèmes financiers, améliorer la transparence et renforcer les communications avec les investisseurs, ce qui pourrait mener à une inscription sur une bourse nationale.

Elvictor Group (OTC PINK:ELVG) hat die Genehmigung für seinen Antrag auf den OTCID Basismarkt erhalten, wobei das Upgrade für Juli 2025 geplant ist. Diese Entwicklung ist Teil der strategischen Wachstumsinitiative des Unternehmens, um seine Präsenz auf den Kapitalmärkten zu verbessern.

Um sich für den OTCID Basismarkt zu qualifizieren, hat Elvictor mehrere wichtige Anforderungen erfüllt, darunter die Mitgliedschaft im OTCID Offenlegungs- und Nachrichtendienst, die Aufrechterhaltung der aktuellen SEC EDGAR-Offenlegungen, den Abschluss der jährlichen Management-Zertifizierung, die Pflege eines verifizierten Unternehmensprofils und die Bereitstellung aktualisierter Aktieninformationen über das Programm für verifizierte Aktien des Transferagenten.

Das Upgrade steht im Einklang mit dem operativen Update von Elvictor im März 2025, das Pläne zur Modernisierung der Finanzsysteme, zur Verbesserung der Transparenz und zur Stärkung der Kommunikation mit Investoren umriss, was möglicherweise zu einem Listing an einer nationalen Börse führen könnte.

Positive
  • Approval for OTCID Basic Market upgrade, enhancing market visibility and credibility
  • Strategic positioning for potential uplisting to national exchange
  • European-based operations provide natural insulation from U.S. tariff volatility
  • Improved transparency and compliance standards achieved
Negative
  • Operating in environment of global trade pressure

ATTIKI, GREECE / ACCESS Newswire / April 8, 2025 / Elvictor Group, Inc. (OTC PINK:ELVG) ("Elvictor" or "the Company"), a digital pioneer in maritime crew management, is pleased to announce that its application to the OTCID Basic Market has been officially approved by OTC Markets Group. The upgrade will take effect upon the market's launch in July 2025 and marks a significant milestone in Elvictor's ongoing efforts to strengthen its presence in the capital markets.

The Company's transition to the OTCID Basic Market is a key component of Elvictor's broader strategic initiative to modernize its financial systems, enhance transparency, and elevate investor communications ahead of a potential uplisting to a national exchange, an objective outlined in its March 2025 operational update.

The OTCID Basic Market sets a higher standard for transparency and compliance, offering companies increased visibility and credibility with investors. To qualify, Elvictor successfully met the following criteria:

  • Subscribed to the OTCID Disclosure & News Service (DNS)

  • Maintains current disclosures via the SEC's EDGAR system

  • Completed its annual Management Certification

  • Maintains a Verified Company Profile on www.otcmarkets.com via OTCIQ

  • Provides up-to-date share data through the Transfer Agent Verified Shares Program

"Acceptance into the OTCID Basic Market validates our commitment to regulatory discipline and positions us for greater visibility and access to capital," said Konstantinos S. Galanakis, CEO of Elvictor Group Inc. "With global trade under pressure, our European-based operations offer stability since we are naturally insulated from U.S. tariff volatility. This stability enables us to remain focused on advancing strategic catalysts across key maritime corridors in line with our long-term growth objectives."

About Elvictor Group, Inc.
Elvictor Group, Inc. (OTC PINK:ELVG) is transforming the fragmented maritime industry through its fully digitalized crew and ship management platform designed to enhance operational efficiency and reduce costs. With a strategic focus on AI-driven workforce solutions, M&A-driven expansion, and cost-efficient vessel ownership, Elvictor is ushering in a new era of transparency in the shipping industry. For more information about Elvictor Group, please visit: https://www.elvictorgroup.com/, and follow us on LinkedIn.

Investor and Media Contact:
Investor Relations
Jonathan.Paterson@harbor-access.com
Tel +1 475 477 9401

Cautionary Note Regarding Forward-Looking Statements
Some of the statements in this press release may be forward-looking statements or statements of future expectations based on currently available information. Such statements are naturally subject to risks and uncertainties. Factors such as the development of general economic conditions, future market conditions, unusual catastrophic loss events, changes in the capital markets and other circumstances may cause the actual events or results to be materially different from those anticipated by such statements. The Company does not make any representation or warranty, express or implied, as to the accuracy, completeness or updated status of such statements. Therefore, in no case whatsoever will the Company and its affiliates be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or for any related damages.

SOURCE: Elvictor Group Inc.



View the original press release on ACCESS Newswire

FAQ

When will ELVG stock begin trading on the OTCID Basic Market?

ELVG will begin trading on the OTCID Basic Market in July 2025 upon the market's launch.

What requirements did ELVG meet for OTCID Basic Market approval?

ELVG met requirements including OTCID DNS subscription, current SEC EDGAR disclosures, Management Certification, Verified Company Profile, and Transfer Agent Verified Shares Program participation.

What are ELVG's plans following the OTCID Basic Market upgrade?

ELVG aims to potentially uplist to a national exchange as outlined in their March 2025 operational update.

How does the OTCID Basic Market upgrade benefit ELVG investors?

The upgrade provides increased visibility, credibility, and transparency for investors, potentially improving access to capital.
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