Red Bank, NJ, April 14, 2025 (GLOBE NEWSWIRE) — VeeMost Technologies Inc. (OTC: VMST) is pleased to announce that the Financial Industry Regulatory Authority (FINRA) has approved the Company’s official name change from Global Developments, Inc. to VeeMost Technologies Inc., along with a corresponding ticker-symbol change from GDVM to VMST. The changes were published on the OTC Markets Daily List on April 14, 2025 and take effect at the open of business on April 15, 2025.
In addition to the name and ticker change, the Company received a new CUSIP number, 378974307, which will be reflected across all trading and depository systems starting April 15, 2025.
The rebranding aligns with the Company’s transformation and renewed strategic focus on delivering innovative, secure and scalable digital infrastructure services to enterprise and government clients, spanning cloud computing, cybersecurity, managed IT services and digital transformation.
“The change to VeeMost Technologies Inc. and our new ticker symbol VMST represents a major step forward in aligning our public identity with the technological value we provide our customers. This milestone signals our growth, our focus, and our commitment to increasing shareholder value.”
— Melvin Ejiogu, CEO of VeeMost Technologies Inc.
Shareholders are not required to take any action with respect to the name, ticker symbol or CUSIP change. Existing share certificates remain valid and brokerage accounts will be automatically updated to reflect the new information.
About VeeMost Technologies Inc.
VeeMost Technologies Inc. (OTC: VMST) is a technology solutions provider offering IT consulting, cloud, cybersecurity, managed services and infrastructure solutions to enterprise and government clients — backed by proprietary platforms including VeeStore, VeeBids and VeeShield. For more information, visit veemost.com.
Safe Harbor Statement
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “may,” “will,” “should,” “plans,” “expects,” “anticipates,” “estimates,” “projects,” and “intends,” and similar expressions identify forward-looking statements. These statements involve risks and uncertainties that could cause actual results to differ materially, including the Company’s ability to execute its business strategy, general economic and business conditions, competition, changes in technology, regulatory requirements, and other factors beyond the Company’s control. VeeMost undertakes no obligation to update forward-looking statements except as required by law.
Contact: VeeMost Technologies Inc. · [email protected] · +1 877 862 0307