Navigation Links
Nxt-ID Approved for NASDAQ Capital Market Listing
Date:8/21/2014

SHELTON, Conn., Aug. 21, 2014 /PRNewswire/ -- Nxt-ID, Inc. (OTCQB: NXTD), a biometric authentication company focused on the growing mobile commerce market, announced today that its shares of common stock and the warrants to purchase common stock to be issued in its proposed underwritten public offering of common stock and warrants have been approved for listing on The Nasdaq Capital Market, subject to closing of its proposed underwritten public offering of the common stock and warrants, and will trade under the symbol "NXTD" and "NXTDW," respectively.

The Company's common stock will continue to trade on the OTC Quotation Board under its existing symbol "NXTD" until the Nasdaq listing.

This press release does not constitute an offer to sell, or the solicitation of an offer to buy, these securities, nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale is not permitted.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. The securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. A preliminary prospectus relating to the proposed offering has been filed with the SEC and is available on the SEC's website located at www.sec.gov.

About NXT- ID Inc. - Mobile Security for a Mobile World:

NXT-ID, Inc.'s (OTCQB: NXTD) innovative MobileBio™ solution mitigates consumer risks associated with mobile computing, m-commerce and smart OS-enabled devices. The company is focused on the growing m-commerce market, launching its innovative MobileBio™ suite of biometric solutions that secure consumers' mobile platforms led by the Wocket™; a next generation smart wallet designed to replace all the cards in your wallet, no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. http://www.wocketwallet.com.

NXT-ID's wholly owned subsidiary, 3D-ID LLC, is engaged in biometric identification that has 22 licensed patents in the field of 3D facial recognition http://www.nxt-id.com, http://3d-id.net.

Forward-Looking Statements for NXT-ID:
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current expectations, as of the date of this press release, and involve certain risks and uncertainties. Forward-looking statements include statements herein with respect to the successful execution of the Company's business strategy. The Company's actual results could differ materially from those anticipated in these forward- looking statements as a result of various factors. Such risks and uncertainties include, among other things, our ability to establish and maintain the proprietary nature of our technology through the patent process, as well as our ability to possibly license from others patents and patent applications necessary to develop products; the availability of financing; the Company's ability to implement its long range business plan for various applications of its technology; the Company's ability to enter into agreements with any necessary marketing and/or distribution partners; the impact of competition, the obtaining and maintenance of any necessary regulatory clearances applicable to applications of the Company's technology; and management of growth and other risks and uncertainties that may be detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.

Contact:
Corporate info: info@nxt-id.com

Investor Inquiries: Kirin Smith
ProActive Capital Group
Direct: +1-646-863-6519
ksmith@proactivecapital.com

Media: 800-665-0411


'/>"/>
SOURCE NXT-ID, Inc.
Copyright©2014 PR Newswire.
All rights reserved

Related biology news :

1. Biometrics & Technology Sector Leaders Briefing: NXT-ID, Intel, Sony, Facebook, Dell
2. Security and Your Money: Tampa Bay Radio Host Cedric Harris Talks to NXT-ID CEO Mr. Gino Pereira about the Wocket Smart Wallet
3. NXT-IDs Next Generation Wocket Smart Wallet to be Featured on NewsWatch, Airing on History Channel, FYI Network and ION Network
4. Boomer Times Gets to Know NXT-IDs Next Generation Wocket Smart Wallet; Practical, Secure and Easy to Use
5. NXT-IDs Next Generation Biometric Smart Wallet Featured on NewsWatch Consumer Show on the History Channel and FYI Network Today, July 31st
6. Scripps Research discoveries lead to newly approved drug for infant respiratory distress syndrome
7. Drug design success propels efforts to fight HIV with a combination of 2 FDA-approved drugs
8. FDA-approved drug restores hair in patients with Alopecia Areata
9. NASDAQ Sets Ex-Dividend Date for Aware, Inc.s Special Cash Dividend of $1.80 Per Share
10. Dynasil Regains Compliance with NASDAQ Listing Requirements
11. NASDAQ Sets Ex-Dividend Date for Aware, Inc.s Special Cash Dividend of $1.75 Per Share
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/27/2019)... ... June 27, 2019 , ... Lighting designers from integrated ... Society (IES), which honored the designers for creating both engaging and energy efficient lighting ... Street , an office tower in San Diego, California earned an IES Illumination Award ...
(Date:6/19/2019)... ... 2019 , ... Dahryn Trivedi, today released research results on the beneficial impact ... prove to be beneficial for treating multiple bacterial diseases. , The preclinical trial shows:, ... Over 68% decrease in weight , Over 8% alteration in melting ...
(Date:6/14/2019)... ... June 14, 2019 , ... Molecular diagnostics segment is the fastest-growing segment within ... 2019. Major segments that are expected to drive the growth are infectious diseases, ... as segments in Kalorama’s The World Molecular Diagnostics Market, 8th Edition . , ...
Breaking Biology News(10 mins):
(Date:6/11/2019)... , ... June 10, 2019 , ... ... and technology in an upcoming episode, scheduled to broadcast 4Q/2019. Check your local ... Group) and will educate viewers about how its technology facilitates laboratories to improve ...
(Date:6/11/2019)... ... 2019 , ... Veterinary Regenerative Medicine company, VetStem Biopharma ... that their GMP facility for cell production is now approved by the California ... an important milestone for VetStem as it expands into contract cell manufacturing services. ...
(Date:5/31/2019)... , ... May 29, 2019 , ... For many years, ... toughest forms of cancer demand breakthrough therapies. Advances in immuno-oncology have led to the ... own T cells with engineered T cell receptors known as “CARs”. The CAR enables ...
(Date:5/31/2019)... ... May 30, 2019 , ... Object ... announce the strategic acquisition of Metabiologics, Inc., a globally recognized leader in the ... ownership and commercialization rights to a full spectrum of botulinum neurotoxins, as well ...
Breaking Biology Technology: