Nxt-ID Inc., which makes biometric authentication technology for financial transactions, said it has received approval for its stock to jump to the Nasdaq Capital Market.
The move to the Nasdaq is subject to the closing of a proposed public offering of common stock and warrants. The company’s shares will trade under ticker symbol NXTD.
Nxt-ID’s stock has traded on the OTC Quotation Board, but will be removed once the change takes place.
Â
