Dyadic International gets nod to uplist on Nasdaq
Dyadic International Inc (OTCMKTS:DYAI) scored a major milestone Monday by receiving regulatory approval to uplist on the tech-laden Nasdaq with the symbol “DYAI”.
The Jupiter, Florida-based biotechnology platform company engages in the development and large-scale manufacture of low-cost enzymes and other proteins for diverse market opportunities in the US and Europe.
It leverages its proprietary C1 expression system to help bring biologic vaccines, therapeutic enzymes, proteins, biosimilars and drugs to market faster and at a lower cost.
READ: Dyadic International rounds out 2018 with nine research collaborations, two more in the 1Q
In January this year, the company filed an application to list its stock on the Nasdaq Composite stock exchange.
“We believe a Nasdaq listing will broaden our shareholder base by attracting new investors and ultimately, build long-term shareholder value,” Dyadic International CEO Mark Emalfarb told Proactive Investors in a recent interview.
Dyadic shares currently trade on the OTC Markets.
Contact Uttara Choudhury at [email protected]
Follow her on Twitter: @UttaraProactive
Story by ProactiveInvestors
Source: https://www.proactiveinvestors.com/companies/news/218592/dyadic-international-gets-nod-to-uplist-on-nasdaq-218592.html
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