VANCOUVER, BC, Feb 9, 2021 /CNW/ - RYU Apparel
Inc. (TSXV: RYU) (OTCQB: RYPPF) (FWB: RYAA) ("RYU" or
the "Company"), a creator of award-winning urban
athletic apparel, is pleased to announce it has been relisted on
the OTCQB Venture Market. The OTCQB is recognized by the SEC as an
established public market and all OTCQB listed companies must be
current with respect to SEC filing requirements.
Cesare Fazari, Chairman and CEO,
commented, "We are excited to relist on the OTCQB as we told our
shareholders we would do. We believe that this uplist will benefit
our existing shareholders and should result in increased liquidity
and help expand our shareholder base both in the U.S. and
internationally."
To be eligible to trade on the OTCQB, companies must undergo
annual verifications, pass a minimum bid price test, and be up to
date in their financial reporting. The Company's shares began
trading on OTCQB on February 5, 2021
under the ticker: RYPPF.
About RYU Apparel
RYU Apparel (TSXV:RYU, OTCQB:RYPPF, FWB: RYAA), or Respect Your
Universe, is an award winning urban athletic apparel and
accessories brand engineered for the fitness, performance and
lifestyle of the athletic man and woman. Designed without
compromise for fit, comfort, and durability, RYU exists to
facilitate optimal human performance. For more information,
please visit the RYU website at: http://ryu.com.
Forward-Looking Statements Disclaimer
Neither the TSX Venture Exchange Inc. nor its Regulation Service
Provider (as that term is defined in the policies of the TSX
Venture Exchange Inc.) accepts responsibility for the adequacy or
accuracy of this press release.
This news release contains forward-looking information that
involves various risks and uncertainties regarding future events.
Such forward-looking information can include without limitation
statements based on current expectations involving a number of
risks and uncertainties and are not guarantees of future
performance of RYU, such as statements the launching a golf apparel
division, booming golf industry, future sales, continued
appointment from Rob Blair, expressed in the forward-looking
information, including: (i) adverse market conditions,
including conditions arising as a result of the COVID-19 pandemic
or otherwise; (ii) an inability to renew the RYU brand, implement
strategic objectives and regain profitability; (iii) failing to
meet target revenue projections as anticipated; (iv) failing to
enter into the anticipated consulting arrangement and (v) the
inability to complete the planned re-opening of the its store or
the piloting of the "RYU Studio" concept. Actual results and future
events could differ materially from those anticipated in such
information. These and all subsequent written and oral
forward-looking statements are based on estimates and opinions of
management on the dates they are made and are expressly qualified
in their entirety by this notice. Except as required by law, RYU
does not intend to update these forward-looking
statements.
www.ryu.com
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SOURCE RYU Apparel Inc.