Innovative Designs, Inc. (OTCQB: IVDN) has successfully upgraded its stock to the OTCQB tier, a move that underscores the company's commitment to its shareholders and its trajectory towards achieving the best fiscal year in its history. This upgrade, effective as of June 26, 2025, follows the fulfillment of all necessary documentation, qualification criteria, and fee payments required by the OTC Markets Group.
The transition to OTCQB is expected to enhance IVDN's visibility among public stock trading sites and brokerage firms, potentially attracting more investors. The company's management is prepared to ensure that all platforms recognize this upgraded status promptly. This development comes at a time when Innovative Designs is reporting profitability for three consecutive trailing quarters, driven by the increasing demand for its Insultex House Wrap®. This product meets new government building codes requiring continuous insulation and exterior R-Value, positioning it as a leading choice in the market.
Joseph A. Riccelli Jr., CEO of Innovative Designs, emphasized the importance of this upgrade as a fulfilled promise to shareholders, aimed at recognizing the value of their investments. The company is focused on maintaining its OTCQB listing by adhering to all requirements, including timely financial reporting, and anticipates closing the 2025 fiscal year with record-breaking performance.
For more information on Insultex House Wrap®, visit http://www.insultexhousewrap.com. The company's forward-looking statements are based on current expectations and are subject to risks and uncertainties as detailed in its SEC filings available at http://www.sec.gov.
