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DUBAI - BMP AI Technologies Inc., formerly known as NeuralBase AI Ltd., began trading on the OTC Markets under its new ticker symbol "BMPA" on October 9, according to a company press release. The company, currently valued at $296 million, has seen its shares surge 11% in the past week.
The artificial intelligence and blockchain development company previously traded under the symbol "NBBI." The Financial Industry Regulatory Authority (FINRA) announced the effectiveness of both the name and ticker symbol change on October 8, while the company’s CUSIP number remains unchanged. According to InvestingPro, the stock trades at a P/E ratio of 43 and shows significant price volatility with a beta of 4.26.
"The ticker change to BMPA is an exciting and important step for our company, aligning our market identity with our corporate brand," said Vighnesh Dobale, Chief Executive Officer of BMP AI Technologies. InvestingPro analysis suggests the stock is currently trading above its Fair Value, with 13 additional key insights available to subscribers.
BMP AI Technologies describes itself as a company specializing in enterprise automation, data integrity, and decentralized business solutions. The firm states it delivers products including HeartEase for AI-powered health diagnostics, enterprise chatbots, and blockchain platforms for information distribution and enterprise payments.
The company is currently developing its website at bmpaitech.com, which it says will showcase its technology and solutions across multiple industries.
BMP AI Technologies trades on the OTC Markets under the ticker symbol OTC:BMPA and files reports with the U.S. Securities and Exchange Commission as a fully reporting company.
In other recent news, NeuralBase AI Ltd. has formally submitted a request to the Financial Industry Regulatory Authority (FINRA) to change its name to BMP AI Technologies Limited. The company plans to complete the Nevada Certificate of Amendment after receiving confirmation from FINRA, ensuring regulatory compliance and a smooth transition for shareholders. Additionally, NeuralBase AI has appointed Keval Shah as its new Chief Operating Officer. Shah, who has a background in technology strategy and innovation, will play a key role in guiding the company’s expansion in enterprise-grade AI solutions. These developments indicate NeuralBase AI’s ongoing strategic adjustments and focus on growth within its industry.
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