TAIPEI, Oct. 22, 2024 /PRNewswire/ -- Cordyceps Sunshine Biotech Holdings Co., Ltd. ã€C.S】Group, recognized for its expertise in cultivating the rare medicinal fungus Taiwanofungus, native to Taiwan, has reached a significant milestone by uplisting to the OTCQB market.
Aiming for a Future Nasdaq Listing
The transition to the OTCQB represents an important initial achievement for ã€C.S】Group. While OTC Markets generally offer lower trading volumes compared to more centralized exchanges, the OTCQB serves as a strategic entry point for companies with ambitions to meet the criteria for future uplisting to major exchanges like Nasdaq. Known for hosting emerging companies, OTC Markets also includes several global giants such as Roche, Bayer, Nestlé, and Allianz, which adds to its diverse ecosystem.
The OTC Markets is segmented into three tiers: OTCQX, OTCQB, and the Pink Market, with OTCQB and OTCQX requiring compliance with SEC registration and consistent financial disclosures in accordance with the U.S. Securities Exchange Act of 1934. By advancing to OTCQB, ã€C.S】Group showcases its dedication to maintaining transparency and adhering to U.S. regulatory standards, positioning the company for continued growth.
Strategic Vision and Market Expansion
ã€C.S】Group's move to OTCQB reflects its readiness to align with the financial transparency and regulatory requirements of U.S. capital markets. Utilizing its proprietary cultivation technology, ã€C.S】Group has achieved large-scale production of Taiwanofungus, with major facilities established in Taiwan. This enables the company to cater to the increasing demand for herbal and medicinal products across the Asia-Pacific region. With a strong foundation in place, ã€C.S】Group expects to realize significant revenue growth and is preparing for a potential Nasdaq listing in the future, further enhancing its market presence and global reach.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
【C.S】Cordyceps Sunshine Biotech Uplists to OTCQB, Aims for a Potential Nasdaq Uplisting
ATLANTA, Oct. 22, 2024 /PRNewswire/ -- Precision Aviation Group, Inc. (PAG), a leading provider of maintenance, repair and overhaul (MRO) and value-added services to the global aerospace and defense industries, has acquired ICON Aerospace (ICON) and TAG Aero (TAG). These strategic acquisitions significantly enhance PAG's avionics and engine services capabilities while broadening its product offerings for the airline market.
ICON, headquartered in Indian Trail, North Carolina, is a market leading provider of MRO services specializing in Avionics, Accessories, and Electronics. TAG, based in Rock Hill, South Carolina, is a premier provider of MRO services specializing in auxiliary power units (APUs). TAG provides a comprehensive suite of services including repair and overhaul, outright sales, leasing and exchanges for Honeywell GTCP-85, 131, and 331 Series APUs. The addition of ICON and TAG to PAG will allow the combined customer base to benefit from the expanded range of product and service offerings.
David Mast, President and CEO of PAG, commented: "The acquisition of ICON and TAG significantly bolsters our capabilities in our Engine and Avionics services businesses, and provides expanded product offerings for the airline market. The addition of ICON and TAG's skilled workforce of over 200 employees, their experienced leadership teams, and more than 150,000 square feet of state-of-the art facilities, enables us to better support the needs of our customers."
Jeff Lambert, CEO of ICON and TAG, added: "We are excited to join PAG and leverage their resources and global reach. This partnership enhances our ability to serve our customers, providing them with faster service times and broader technical capabilities."
About Precision Aviation Group (PAG)
Precision Aviation Group (PAG) is a leading provider of maintenance, repair and overhaul (MRO) and value-added services to the aerospace and defense industries. With 24 FAA-approved repair stations and 27 locations, 1,000+ employees, and over 1.1 million square feet of production/distribution facilities worldwide, PAG offers comprehensive MRO services on over 200,000 product lines. PAG supports operators in the Airline, Business and General Aviation (BGA), and the Military markets through its Inventory Supported Maintenance, Repair, and Overhaul (ISMRO®) business model, with focused capabilities in Avionics, Engines, Components, and Manufacturing/DER Services. (www.precisionaviationgroup.com)
About ICON Aerospace and TAG Aero
ICON Aerospace is an FAA/CAA/EASA-approved repair station specializing in Avionics, Accessories and Electronics. TAG Aero is an FAA/CAA/EASA-approved repair station offering APU repair and overhaul, outright sales, leasing and exchange services to the aerospace industry.
(www.iconaerospace.com) and (www.tag.aero)
Photo - https://mma.prnasia.com/media2/2534817/ICON_Aerospace_A_PAG_Company.jpg?p=medium600
Photo - https://mma.prnasia.com/media2/2534818/TAG_Aero_A_PAG_Company.jpg?p=medium600
Logo - https://mma.prnasia.com/media2/1515200/Precision_Aviation_Group_Logo.jpg?p=medium600
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
PRECISION AVIATION GROUP EXPANDS AIRLINE AVIONICS AND ENGINE SERVICES CAPABILITIES WITH ACQUISITIONS OF ICON AEROSPACE AND TAG AERO
PRECISION AVIATION GROUP EXPANDS AIRLINE AVIONICS AND ENGINE SERVICES CAPABILITIES WITH ACQUISITIONS OF ICON AEROSPACE AND TAG AERO
