Vegan Marketplace PlantX Files for NASDAQ Listing
Plant-based marketplace PlantX has applied to list its common shares on the NASDAQ Capital Market. The move to launch a new capital markets strategy focused on the United States aims to enhance the Canadian company’s investor profile and visibility while accelerating growth. The company is currently listed on the Canadian Securities Exchange under the symbol “VEGA.”
A one-stop shop
PlantX aims to be the one-stop shop for everything plant-based, offering customers across North America a variety of services such as plant-based meal delivery, indoor plant delivery, and access to more than 10,000 products. The company is currently working to expand its product lines to include cosmetics, clothing, and its own water brand.
“With our sustained and continuous growth, this is a natural step forward,” PlantX founder Sean Dollinger said. “We’re looking forward to the opportunities that this move can create for the plant-based movement.”
Last month, PlantX also announced the expansion of its e-commerce platform to Israel. PlantX is currently working to open a brick-and-mortar store in Squamish, British Columbia, and its first brick-and-mortar store in the United States in San Diego, CA.