Welcome to our dedicated page for Mdwerks news (Ticker: MDWK), a resource for investors and traders seeking the latest updates and insights on Mdwerks stock.
MDWerks, Inc. reports company developments around sustainable technology applications and its Two Trees Beverage Company subsidiary. News about MDWK centers on Two Trees' patented Spirits Rapid Aging System (SRAS), its Sustainably Matured aging process, branded spirits, private-label whiskey production, white-label aging services, and collaborations that use spirits-saturated wood by-products.
Company updates also discuss MDWerks' patented energy wave technology platform, applications in alcoholic beverages and wood manufacturing, including the Molecular Sawdust Drying System (MSDS), OTCQB public-company reporting, shareholder updates, and board composition changes. Recurring beverage items include new products, customer relationships, tasting-room and brand activity, and spirits competition recognition.
MDWerks announced that its common stock has transitioned to trading on the OTC Expert Market under the ticker 'MDWK'. This change is due to the company's failure to timely file its Annual Report on Form 10-K for the fiscal year ending December 31, 2023, with the SEC. Previously, the company filed a Form 12b-25, citing the need for additional time to complete year-end procedures and the audit. MDWerks is actively working to finalize these procedures and aims to file the Form 10-K soon to restore its trading status on the OTC Pink Market.
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