Exodus Movement, Inc. Announces Uplist on the NYSE American Exchange

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OMAHA, Neb., May 6, 2024 (GLOBE NEWSWIRE) — Exodus Movement, Inc. (OTCQX: EXOD) (“Exodus” or the “Company”), the leading self-governing cryptocurrency software platform, today announced the release of its common stock Approved for listing on the NYSE American Stock Exchange. The Company’s Class A common stock, par value $0.000001 (the “Common Stock”), will begin trading on the NYSE American under the current ticker symbol “EXOD” beginning trading on May 9, 2024. The common shares will continue to trade on the OTCQX until the close of trading on May 8, 2024. The Company’s current shareholders are not required to take any action prior to the Company’s expected listing on the NYSE American.

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“The promotion to NYSE American marks a significant milestone on our journey. Trading on NYSE American will enable Exodus to create greater long-term value for our shareholders by increasing our presence in the investor community and thereby increasing liquidity,” said JP Richardson, CEO and co-founder of Exodus. “We believe the uplisting will expand awareness of Exodus.”

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About Exodus

Exodus is on a mission to help half the world exit the traditional financial system. Founded in 2015, Exodus is a multi-asset software wallet that eliminates the geek requirements and prioritizes design to make cryptocurrencies and digital assets easy for everyone. Available on desktop, mobile, and browser, Exodus allows users to secure, manage, and exchange cryptocurrencies like Bitcoin, Ethereum, and more across industry-leading 10,000 asset pairs from one beautiful, easy-to-use wallet. The self-management feature is encrypted locally on users’ own devices, ensuring privacy, security and complete control over their assets. For more information, visit exodus.com.

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Contact for investors
[email protected]

Forward-Looking Statements

This press release contains forward-looking statements that are based on our beliefs and assumptions and on information currently available to us as of the date hereof. In some cases, you can identify forward-looking statements by the following words: “will,” “expects,” “would,” “intends,” “believes” or other comparable terminology. Forward-looking statements in this document include, but are not limited to, management’s statements regarding confidence in our products, services, business performance and plans, and certain business metrics. These statements involve risks, uncertainties, assumptions and other factors that are difficult to predict and could cause actual results or performance to differ materially and adversely.

Factors that could cause such a difference include, but are not limited to: expectations regarding Exodus’ future customer adoption of dApps, DeFi and NFTs compared to its competitors; the ongoing conflict in Ukraine, the impact of sanctions or other restrictive measures by the United States and other countries, and Russia’s possible response thereto; difficulty in predicting user behavior and changes in user spending habits due to, among other things, prevailing economic conditions, employment levels, salaries and wages, inflation and consumer confidence; unexpected or rapid changes in the growth or decline of our domestic and/or international markets; increasing competition from existing and new competitors; rapidly evolving and disruptive advances that are fundamentally transforming the digital assets and cryptocurrency industry; ongoing compliance with regulatory requirements; volatility in the prices of cryptocurrencies such as Bitcoin and other digital assets; the possibility that the development and release of new products or improvements to existing products may not proceed on the expected schedule or may themselves contain bugs or errors that require correction and that the market for sales of these new or improved products may not develop as expected; the risks associated with our ability to maintain or increase profitability or revenue growth (or minimize declines) in future periods while controlling costs; compromising user data for any reason; foreign operational, political and other risks associated with our operations; unexpected delays during the review process; and the loss of key personnel, labor shortages or work interruptions.

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Further information about the factors, risks and uncertainties that could cause or contribute to such differences can be found in our filings with the Securities and Exchange Commission, including in the sections entitled “Risk Factors” and “Management’s Discussion & Analysis of Financial Condition and Results of Operations”. Sections of our Form 10 Amendment No. 1 for the fiscal year ended December 31, 2023, filed on May 1, 2024. We cannot assure you that the forward-looking statements will prove to be accurate. These forward-looking statements speak only as of the date they are made. We disclaim any obligation to update these forward-looking statements.

Source: Exodus Movement, Inc.

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