NEW YORK, Oct. 8, 2019 /PRNewswire/ -- Relmada Therapeutics, Inc. (OTCQB: RLMDD), a clinical-stage company developing novel therapies for the treatment of central nervous system (CNS) diseases, today announced that the Company's common stock has been approved for listing on The Nasdaq Capital Market. Trading on Nasdaq is expected to begin on Thursday, October 10, under the existing symbol, "RLMD."
"The listing of our stock on The Nasdaq Capital Market represents a substantial milestone for our company," said Sergio Traversa, CEO of Relmada Therapeutics. "This uplisting has the potential to augment our visibility within the investment community, increase the liquidity of our stock, broaden our shareholder base, and enhance long-term shareholder value. I would like to extend special thanks to the Relmada management and legal teams for making Relmada a member of this prestigious, and globally trusted exchange, an especially important event in anticipation of the Phase 2 clinical study results expected later this quarter."