Welcome to our dedicated page for The Alkaline Water news (Ticker: WTER), a resource for investors and traders seeking the latest updates and insights on The Alkaline Water stock.
The Alkaline Water Company, Inc. (OTC: WTER) is a premium beverage company in the soft drink manufacturing sector, focused on high-quality alkaline water products under its Alkaline88® brand. This news feed aggregates company-issued updates and regulatory disclosures that highlight how WTER is managing its operations, capital structure, and market positioning.
Recent news has emphasized capital structure reset and balance sheet actions, including the cancellation of multiple convertible notes and the cancellation of a large block of common stock previously issued in connection with an asset purchase. The company has also reported a 1-for-10 reverse stock split, framed as a step to address legacy capital structure issues and support a qualified Tier 1 Regulation A offering.
Investors following WTER news will see coverage of its Regulation A offering qualification by the SEC, planned use of proceeds for working capital and corporate purposes, and its stated goal of resuming, stabilizing, and expanding operations as described in the offering circular. Additional updates include the completion of a PCAOB-audited financial statement for a fiscal year and the filing of an application for uplisting to the OTCQB market tier, along with detailed cautionary language about the uncertainties of that process.
News items also cover governance and strategic initiatives, such as the appointment of a new board member with experience in governance-led transformation and the company’s strategic advisory agreement with The Bitcoin Group to evaluate a potential digital asset treasury strategy. Readers can use this page to monitor developments across governance, financing, debt reduction, share structure changes, and other material corporate actions disclosed by The Alkaline Water Company.
The Alkaline Water Company (OTC: WTER) has announced its partnership with SmallCapVoice.com Inc. (SCV), an Austin-based investor relations and communications firm specializing in emerging growth companies. The collaboration aims to create various initiatives to increase corporate exposure to new investors, current shareholders, and customers.
Stuart Smith, CEO of SmallCapVoice.com, highlighted the company's progress toward an OTCQB listing and their strategic bulk inventory purchase through creative financing. Ricky Wright, CEO of The Alkaline Water Company, expressed enthusiasm about expanding their investor relations efforts through this partnership.
The Alkaline Water Company (OTC: WTER) has announced a strategic $1.5 million inventory agreement with Prima Verde , structured through the issuance of 94,300,000 restricted common shares with a 12-month lock-up period. This share-based transaction is designed to preserve cash while securing essential inventory for growth.
The company projects several financial benefits from this agreement, including: a $1.2 million improvement in cash position over six months, acceleration of positive monthly cash flows by approximately two months, and a reduction in initial cash burn by nearly $500,000 in the first month. The company expects substantial inventory turnover within 60 days through planned distribution partnerships.
The structure ensures no impact on the company's current public float or near-term trading dynamics. WTER plans to announce new agreements with retailers, brokers, distributors, and co-packers in the coming weeks to facilitate distribution and sales of the acquired inventory.
The Alkaline Water Company (OTC: WTER) has announced the completion of its 2024 PCAOB audit, fulfilling a key requirement for its planned OTCQB uplisting application. The company plans to submit its comprehensive application package to OTC Markets in early February 2025, including the Form 15c2-11 filing.
CEO Ricky Wright highlighted this audit completion as a significant milestone in the company's strategic roadmap. The company is implementing enhanced corporate governance measures and structural improvements required for the upgraded listing tier, along with recent board appointments, as part of its strategy to regain its position as the nation's leading independent alkaline water company.
OTC Markets will facilitate the Form 15c2-11 process with FINRA on behalf of the company. The company commits to keeping shareholders informed of material developments regarding the OTCQB application process.
The Alkaline Water Company (OTC: WTER) has announced the appointment of Ronald M. Miller and John F. Arminio as independent directors to its Board of Directors as part of its OTCQB uplisting initiative. The Company plans to finalize its OTCQB application with OTC Markets in early February.
Miller, President and Director of Discount Print USA, brings over forty years of experience in the printing and publishing industry. Arminio, former President of Hudson International, holds an MS in Real Estate Investment/Development from NYU and a BS in Finance from Fordham University.
CEO Ricky Wright stated these appointments are important steps in rebuilding the company's presence across trade channels and becoming a dominant force in the alkaline water space.
The Alkaline Water Company (OTC: WTER) has announced the implementation of Level 2 Quote Services through OTC Markets as part of its strategic market enhancement plan. This upgrade provides shareholders with real-time, two-sided complete quotes and orderbook data through the company's OTC Markets landing page.
The company is also preparing a comprehensive application package for uplisting to the OTCQB, including Form 15c211 and other required documentation, which is expected to be submitted by early February 2025. These initiatives are part of the company's broader strategy to enhance market transparency and shareholder communication.
The Alkaline Water Company (OTC: WTER) announced its strategic initiatives through an open letter from returning CEO Ricky Wright. The company plans to capitalize on two growth opportunities in the alkaline water market: pH-enhanced purified water and naturally alkaline spring waters. The strategy focuses on three main areas: developing a nationwide co-packing network, enhancing market position through Form 211 filing with FINRA, and rebuilding distribution networks.
Under Wright's previous leadership (2012-2022), WTER expanded to over 75,000 stores nationwide, becoming the largest independent enhanced water company in the country. The company aims to leverage existing relationships with suppliers, brokers, and distributors to rebuild its market presence across all trade channels.
The Alkaline Water Company (OTC: WTER) announced the return of Ricky Wright, its co-founder and former President and CEO who retired in 2022, to lead the company's next growth phase. The announcement coincides with the company's preparations to file Form 15c211 with FINRA, aiming to become eligible for proprietary broker-dealer quotations and continuous market making.
Under Wright's previous leadership, Alkaline88® became the largest independent alkaline water company in the country, expanding to over 75,000 stores across the United States. The company's product is known for its purified water enhanced with Himalayan rock salt.
The Alkaline Water Company (OTC: WTER) announces its plan to file Form 211 application with FINRA through a market maker under SEC Rule 15c211. This move aims to enable proprietary broker-dealer quotations and continuous market making, addressing current limitations of unsolicited quotes in Pink Sheet Current status. The company intends to uplist to OTCQB after completing the Form 211 filing, which would provide greater financial transparency and trading standards compared to Pink Sheets. This transition is expected to improve market liquidity and increase trading volume opportunities for investors.
The Alkaline Water Company (OTC: WTER) announced plans to file Form 211 with FINRA through a market maker under SEC Rule 15c211. This filing aims to enable proprietary broker-dealer quotations and continuous market making, addressing current limitations of unsolicited quotes that cause wider spreads and increased volatility. The company, currently Pink Sheet Current, intends to uplist to OTCQB after completing the Form 211 filing. The OTCQB tier offers stricter standards and greater financial transparency compared to Pink Sheets, positioning it as a middle-tier market for developing companies.
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