"We believe a Nasdaq listing will help elevate the company's public profile, expand our shareholder base, improve liquidity and enhance shareholder value."Įarlier this month, the auto-focused firm received a new purchase order from Québec private transit operator Le Groupe Transbus for its Vicinity Classic buses. "The listing of our shares on the Nasdaq represents a significant milestone for Vicinity Motor as we leverage our strong momentum to accelerate sales of our next-generation electric vehicle (EV) products," William Trainer, founder and CEO of Vicinity said in a statement. The trading symbols on the TSX Venture and Frankfurt exchanges will remain unchanged. READ: Vicinity Motor customers in British Columbia to receive up to $100,000 in electric vehicle purchase incentivesĪccording to Vicinity, its common shares will continue to trade on the OTCQX until market close on July 6, 2021. Shares are anticipated to commence trading on the Nasdaq on Wednesday, Junder the symbol 'VEV'. The supplier of electric, CNG, gas and clean diesel vehicles, was formerly known as Grande West Transportation Group Inc and changed its name to Vicinity Motor in March 2021. Vicinity Motor Corp ( CVE:VMC) ( OTCQX:BUSXF) ( FRA:6LG) has received approval from Nasdaq Stock Market LLC to list the company’s common shares on the Nasdaq Capital Market.