Last week, Home Bistro announced they had engaged Donohoe Advisory Associates LLC (“Donohoe Advisory”) to explore the potential for uplisting its shares to The Nasdaq Stock Market.
According to Home Bistro’s CEO Zalmi Duchman:
“Given the significant operational progress we’ve made over the past eighteen months, we believe it’s an opportune time to explore the potential for uplisting Home Bistro shares to a national exchange.”
This would [potentially] provide the Company with a considerably higher profile and the potential for increased liquidity for our shareholders.”
Earlier, on Dec 6th, the company also announced it has retained Baker McKenzie as its new corporate legal counsel.
Here’s what this means for our Equifund members who have invested – or are considering an investment – in Home Bistro’s Regulation A+ offering…
While we cannot guarantee that Home Bistro will complete their planned uplisting to the Nasdaq, hiring Donohoe and retaining Baker is an indication regarding Home Bistro’s desire to become a Nasdaq listed entity.
Zalmi Duchman, Home Bistro CEO commented:
“We are pleased to announce our engagement with Baker McKenzie to represent Home Bistro as corporate counsel.
As our Company continues to mature and we are presented with new opportunities, we felt the need to have the best available legal team advising us on both business issues and SEC reporting and compliance matters.”
Baker McKenzie is a multinational law firm headquartered in Chicago, Illinois. Founded in 1949 as Baker & McKenzie, it has 77 offices in 46 countries, and over 6,000 lawyers worldwide.
It is one of the largest law firms in the world by headcount and revenue.
Baker McKenzie has been named the World’s Strongest Law Firm Brand for the 11th consecutive year.
Considering an Investment in Home Bistro?
Home Bistro currently trades on the OTC Markets under the ticker symbol “HBIS”
However, our Equifund members have access to their private Regulation A+ offering by going to this page right here.
Your early-stage experts,
Equifund.com
