Scottsdale bottled water company to trade on NASDAQ

The Alkaline Water Company Inc., with products bottled under the trademark Alkaline88, has announced that its shares of common stock have been approved for listing on the NASDAQ Capital Market.

The Alkaline Water Company expects that its shares of common stock will begin trading on NASDAQ on Monday, Dec. 10, under the ticker symbol “WTER,” according to a release. It will retain its listing on the TSX Venture Exchange, also under the ticker symbol “WTER.”

“Today marks a significant milestone for The Alkaline Water Company as we execute on our disciplined growth strategy and continue to accelerate our momentum,” stated Richard A. Wright, president and CEO.

“As one of the fastest-growing, most innovative bottled water companies in the United States, we are confident that the strength of our brand, our unique value proposition for both retailers and consumers, and our great taste and clean label will enable us to continue to attract large retail partners and delight our customers.”

According to the release, the company expects to use its national footprint and retailer relationships as a platform to enter new markets in flavor- and CBD-infused alkaline water and other “nutraceutical product lines.”

“Today’s listing is an important step forward for our company, and the culmination of an intense period of hard work, inspired product and business model innovation and disciplined execution,” Aaron Keay, chairman of The Alkaline Water Company Inc., stated.

“With the increased visibility and liquidity that trading on the NASDAQ will provide, we will continue to expand our product lines, increase the visibility of our brand, and grow our presence with existing and additional retailers as we drive value for our shareholders.”

The Scottsdale Independent is published monthly and mailed to 75,000 homes and businesses in Scottsdale.

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