Naples Soap Company ascends to OTCQB Venture Market

Published 27/05/2025, 14:14
Naples Soap Company ascends to OTCQB Venture Market

NAPLES, Fla. - Naples Soap Company, Inc. (OTCQB: NASO), known for its health and wellness products, has announced its common stock is now trading on the OTCQB Venture Market as of May 22, 2025. The company’s ticker symbol, NASO, will continue as is. The stock currently trades at $0.32, within its 52-week range of $0.10 to $10.50.

The OTCQB Venture Market is designed for developing U.S. and international companies that must meet certain financial reporting standards, undergo an annual verification process, and adhere to a management certification process. Naples Soap Company’s upgrade to this market is aimed at enhancing its visibility to investors, increasing liquidity, and facilitating access to growth capital. According to InvestingPro data, the company’s financial health score currently stands at 1.48, labeled as "WEAK," suggesting potential challenges ahead.

Deanna Wallin, the Founder and CEO of Naples Soap Company, commented on the upgrade, expressing that it reflects the company’s dedication to robust corporate governance and transparency in financial reporting. Wallin anticipates that this development will bolster the company’s investor profile and contribute to its strategy for scalable growth and value creation, especially after its recent strategic and financial restructuring.

Established in 2009, Naples Soap Company offers a range of over 600 bath, body, and personal care products. These products are available at their 13 Florida retail locations, online, and through more than 300 stores across the United States via their wholesale division.

Investors and interested parties can find real-time quotes and market information on the OTC Markets website.

The information for this news article is based on a press release statement from Naples Soap Company.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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