General Enterprise Ventures Announces Approval for NYSE American Listing
General Enterprise Ventures, Inc. (OTCID: GEVI) has reached a significant milestone in its corporate evolution with the announcement that its common stock has been officially approved for listing on the NYSE American LLC (“NYSE American”). This achievement marks an important step forward in the company’s efforts to expand its market presence, strengthen investor confidence, and enhance long-term growth opportunities. As GEVI transitions to a nationally recognized exchange, the listing is expected to bring new visibility and momentum to its operations, strategic initiatives, and investor relations efforts.
Transition to the NYSE American
The company confirmed that its common stock is scheduled to begin trading on the NYSE American at the opening of the market on or about December 4, 2025. Upon commencement of trading, the company will adopt a new ticker symbol, “CITR,” replacing its current identification on the OTC marketplace. This shift to a more prominent exchange reflects GEVI’s commitment to expanding its reach among institutional and retail investors, as well as its dedication to meeting higher regulatory and reporting standards.
The move to the NYSE American provides GEVI with improved access to capital markets, increased liquidity potential, and heightened credibility within the investment community. These benefits collectively position the company to pursue its strategic goals from a stronger financial and operational foundation.
Current Trading Status on the Other OTC Market
Until the transition is finalized, GEVI’s common stock will continue to trade on the Other OTC Market. Trading under its existing OTCID symbol will remain active through the close of the market on or about December 3, 2025. Following the effective date of the NYSE American listing, all trading activity on the Other OTC Market will terminate.
Importantly, current stockholders are not required to take any action during this transition. All existing shares will seamlessly transfer to the NYSE American listing under the new ticker symbol without the need for shareholders to exchange certificates or complete additional steps. The company emphasized that this smooth process ensures continuity and convenience for all investors.
Leadership Perspective on the Uplisting
Wes Bolsen, CEO of General Enterprise Ventures, Inc., expressed strong optimism regarding the significance of the uplisting. In his remarks, Bolsen highlighted the approval as a major achievement that represents both validation of the company’s efforts and a meaningful advancement for its future trajectory. He affirmed that the move underscores the effectiveness of GEVI’s business model and the expanding demand for its portfolio of solutions, particularly those within the CitroTech product family.
Bolsen reiterated that the company’s innovations are geared toward addressing challenges in wood products, wildfire prevention, and asset protection industries—sectors where the need for reliable, sustainable, and high-performance solutions continues to grow. The NYSE American listing, he noted, will enhance GEVI’s capacity to reach new customers, partners, and investors who share the company’s vision for safer and more environmentally responsible technologies.
According to Bolsen, uplisting to a national exchange will equip GEVI with multiple strategic advantages, including:
- Greater visibility among analysts, institutional investors, and the broader financial community
- Increased liquidity, improving both trading volume and investor accessibility
- A broader investment base, opening opportunities for engagements that may not have been available through the OTC markets
- Enhanced credibility, which may support partnerships, distribution agreements, and long-term corporate growth
He concluded by stating that the company remains committed to executing its strategic plan, expanding its market presence, and generating long-term value for its shareholders.
Significance of the NYSE American Listing
The NYSE American exchange serves as a platform primarily tailored to small- and mid-cap companies with strong growth potential. Listing on this exchange signifies that GEVI has met rigorous standards related to financial performance, governance practices, and corporate transparency.
For companies at GEVI’s stage of development, uplisting often marks a transformative moment. It can support:
1. Strengthened Market Perception
A national exchange listing often enhances a company’s professional reputation. For GEVI, this validates the stability and maturity of its operations and signals confidence in its growth trajectory.
2. Improved Access to Capital
Companies listed on the NYSE American generally find it easier to raise capital through equity offerings, strategic partnerships, or institutional investment channels. This improved access can be pivotal for expanding product lines, accelerating research and development, and scaling operational infrastructure.
3. Increased Trading Liquidity
Higher liquidity benefits both retail and institutional traders, making a company’s stock more attractive by enabling smoother entry and exit positions. This can have long-term positive effects on share valuation and investor participation.
4. Adherence to Higher Regulatory Standards
Being listed on the NYSE American requires compliance with stringent reporting and corporate governance standards. While this elevates the company’s responsibilities, it also enhances transparency and accountability—key factors that bolster investor confidence.
GEVI’s Market Focus and Strategic Vision
General Enterprise Ventures operates with a core emphasis on innovative technologies designed to protect lives, properties, and natural resources. Its subsidiary, which develops and markets the CitroTech line of products, targets sectors that are increasingly focused on fire resilience and environmental sustainability.
This includes:
- Chemical and treatment solutions for wood products
- Fire-inhibiting technologies for wildfire prevention
- Protective applications aimed at enhancing asset durability and safety
As climate-driven environmental challenges continue to escalate, demand for effective fire-mitigation technologies is expected to grow. GEVI aims to position itself at the forefront of this critical industry, leveraging its expanded platform on the NYSE American to reach new markets, strengthen collaborations, and accelerate adoption of its solutions.
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