-
Galloway accuser could not foresee publishing-sector fallout, lawyer argues
-
No. 22 UCLA defeats No. 5 Arizona 84-75 despite Kharchenkov's 38 points
-
New York City Center revives In the Heights as a timely community story
-
Vessel operator seeks witnesses after Vancouver grounding
-
Godzilla Minus Zero shifts focus toward postwar human drama
-
US Air Force deploys F-16 fighters to remote Aleutian base for readiness drill
-
Mehbooba Mufti urges dialogue and renewed Central Asia links for Kashmir
-
Bezos grant helps Seattle nonprofit move thousands of families toward housing
-
Seacliff Healthcare Seeks Specialist GP in Thirroul
-
Shrini Srivastava joins crew of Varanasi-Delhi Vande Bharat Sleeper service
-
US stocks fall before midterm Election Day as technology shares weaken
-
Nearly Half of Australian Workers Overqualified, Survey Finds
-
BLS Polymers makes strong market debut at ₹248 per share
-
RBI eases export-declaration compliance for individual service exporters
-
Petrol and diesel prices remain broadly steady across major Indian cities
-
India proposes more import entry points for drugs and medical devices
-
Reliance shares remain in focus after near-12% surge
-
Derek Tierney Outlines Ten-Year Strategy for National Digital Health System
-
2026 Arizona Midterms: Key Races, Ballot Measures, and Voter Deadlines
-
NBC’s Steve Kornacki Reveals Tech Habits Ahead of Midterm Elections
-
Coal India prepares possible $1 billion Mahanadi Coalfields listing
-
India and Israel oppose UN draft on regional conventional arms control
-
Julia Stiles and Ezra Sosa Share Emotional Farewell After 'DWTS' Elimination
-
BLS Polymers shares open 65.3% above IPO price
-
US Buildings Threatened by Wildfires Could Triple by 2060
-
Capital-markets shares rally as Motilal Oswal and Angel One lead gains
-
Why Pregnancy Cost Estimates Fail: A Family’s $9,000 Surprise
-
Latino Voters Defy ICE Fears, Turn Out in Record Numbers for Midterms
-
US Strikes Iranian Targets in Strait of Hormuz Ahead of Midterms
-
ITC shares rise as analysts anticipate gradual cigarette-business recovery
-
Brodeur’s Overtime Goal Secures Bethlehem’s Second Consecutive Sectional Title
-
Reliance rally puts historical one-year return pattern in focus
-
Rare 1970 Plymouth ‘Cuda 426 Hemi Listed for $400,000
-
Kuwait edges Oman 1-0 in veterans Gulf Cup in Doha
-
The Digital Burden: Why Instant Messaging Feels Like a Full-Time Job
-
Saudi Aramco quarterly profit climbs 34.6% amid elevated oil prices
-
Alberta Tabled Controversial Riding Boundary Maps Amid Gerrymandering Accusations
-
Washington reports movement in Iran negotiations aimed at preventing escalation
-
Hong Kong court set to sentence activist Joshua Wong in security case
-
Korea’s Labor Share of GDP Hits Record Low Amid Semiconductor Boom
-
Australia raises benchmark rate to highest level in 18 years
-
littlefish and Halo Dot Partner to Replace Payment Terminals with SoftPOS
-
'The Remarried Empress' Cast Discusses Bringing Fantasy Royal Drama to Life
-
Kuwait inspectors destroy 115 kilograms of unverified meat in Farwaniya
-
Asian stocks retreat as AI worries outweigh steep oil-price drop
-
Egypt Accelerates Construction of 341km Sinai Railway Linking Arish and Taba
-
Hamad International Airport stages emergency drills during WATAN 2026
-
John Schneider Admits Owes Millions in 'Dukes of Hazzard' Divorce Battle
-
Global failure to punish attacks leaves journalists at continuing risk
-
Philippine Authorities Report Progress in Thomas Markle Sr. Child Pornography Probe
Newport Gold, Inc. (OTCID:NWPG) Engages PCAOB-Registered Auditor as Part of Our Uplisting Strategy
Engagement Positions Company for Transition to the OTCQB and an Eventual Form 10 Registration Statement With the SEC - Sequential Steps Toward a Potential Future Listing to a Major Exchange
NORTH EAST, PA / ACCESS Newswire / September 10, 2026 / Newport Gold, Inc. (OTCID:NWPG) ("Newport Gold" or the "Company"), a holding company whose operations are conducted primarily through its wholly owned subsidiaries referred to as the NFI Empire, today announced that it has engaged a PCAOB-registered certified public accounting firm for the audit of its FYE December 31, 2025, and 2024 audited financial statements.
The audit engagement is the foundational first step of many in a sequenced plan to elevate the Company's trading venue and reporting status. Upon completion of the audit for FYE December 31, 2025, and 2024, the Company intends to make application for a change of trading venue from the OTCID market to the OTCQB Venture Market when it meets the eligibility requirements required by OTC Markets, Inc. Among other requirements, the OTCQB requires an initial $0.05 bid price and the inclusion of two independent directors and an audit committee (2 directors, the majority of which are independent). Qualification for the OTCQB is expected to enhance transparency, liquidity, and visibility for shareholders.
Following submission of the OTCQB application, the Company will begin the process of preparing and filing a Form 10 registration statement with the U.S. Securities and Exchange Commission (the "SEC") to register its common stock under Section 12(g) of the Securities Exchange Act of 1934. In connection with the Form 10, the Company will also be required to complete the audit of the FYE financial statements for the three wholly-owned subsidiaries of the Company acquired in March 2026 - ROI Dealership, LLC, NFI Holding, LLC and NFI Auctions, LLC, each a Pennsylvania limited liability company. Upon effectiveness of the Form 10, the Company will become a fully reporting issuer subject to the periodic and current reporting requirements of the Exchange Act, including annual reports on Form 10-K, quarterly reports on Form 10-Q, and current reports on Form 8-K.
Together, these two steps are intended to establish the audited financial history, SEC reporting record, and governance infrastructure that national securities exchanges require of their listed companies. The Company's longer-term objective is to position itself for a potential uplisting to a national exchange such as The NASDAQ Capital Market or NYSE American, subject to meeting applicable quantitative and qualitative listing standards, completion of SEC and OTC Markets review, and market conditions.
"Engaging a PCAOB-registered firm for the audit of the Company's financial statements is the solid foundation for everything that follows," said Chris Nichols, Executive Chairman of Newport Gold, Inc. and NFI Empire. "Once the audit is complete, our path is clear and deliberate: first, we complete the remaining corporate governance requirements to apply for move to the OTCQB Venture Market; second, we start the process for the preparation to file Form 10 Registration Statement to become a fully reporting SEC issuer. Each step builds on the one before it and brings Newport Gold closer to the standards a national exchange such as NASDAQ requires."
About Newport Gold, Inc.
Newport Gold, Inc. (OTCID:NWPG) is a North East, Pennsylvania-based holding company focused on high-growth opportunities through its operating subsidiary NFI Empire. NFI Empire (NFIEmpire.com) is a custom automotive company specializing in exclusive builds, high-performance vehicles, and the integration of traditional and digital automotive expertise. NFI Empire's stated goal is to become the first publicly traded automotive enthusiast company to integrate a brick-and-mortar business model with a proprietary technology platform.
Contacts
Investor Relations: [email protected]
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" and similar expressions that are intended to identify forward-looking statements and include statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although the Company believes that its plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, the Company can give no assurance that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond the Company's control), assumptions and other factors that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results may differ materially from those in the forward-looking statements and the trading price for the Company's common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in the Company's filings with the SEC. Except as required by law, the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. The information in this release is provided only as of the date of this release, and we undertake no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.
SOURCE: Newport Gold, Inc.
View the original press release on ACCESS Newswire
W.Nelson--AT