Scottsdale Alkaline Water Company to trade on NASDAQ Stock Market

Alkaline Water Company, approved to trade on NASDAQ Stock Market, recently rang the bell on Wall Street. (Submitted photo)

The Alkaline Water Company Inc., which has products bottled under Alkaline88, has announced that its shares of common stock received approval for listing on The NASDAQ Capital Market.

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

“Today marks a significant milestone for The Alkaline Water Company as we execute on our disciplined growth strategy and continue to accelerate our momentum,” said The Alkaline Water Company Inc. President/CEO Richard A. Wright in a prepared statement. “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.

“As we recently announced, our second fiscal quarter was yet another quarter of record sales and accelerating growth, and we expect continued growth into the second half of our fiscal year with upcoming product and partnership announcements.”

The company plans to use its national and retailer relationships as a platform to enter new markets in flavor- and CBD-infused alkaline water and other nutraceutical product lines, the release said, noting that the expanded national distribution is available in all 50 states at more than 47,000 retail locations.

“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,” said The Alkaline Water Company Inc. Chairman Aaron Keay, in a prepared statement.

“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 publishes a free daily newsletter. A print edition is mailed to 75,000 homes and businesses each month. If you value our journalistic mission, please consider showing us your support.

You are encouraged to leave relevant comments but engaging in personal attacks, threats, online bullying or commercial spam will not be allowed. All comments should remain within the bounds of fair play and civility. You can disagree with others courteously, without being disagreeable. Feel free to express yourself but keep an open mind toward finding value in what others say. To report abuse or spam, click the arrow in the upper right corner of the comment box.

Facebook Comment