Nxt-ID Approved for NASDAQ Capital Market Listing


Nxt-ID Approved for NASDAQ Capital Market Listing

SHELTON, CT–(Marketwired – Aug 21, 2014)

nasdaq logoNxt-ID, Inc. (NXTD), a biometric authentication company focused on the growing mobile commerce market, announced today that its shares of common stock and the warrants to purchase common stock to be issued in its proposed underwritten public offering of common stock and warrants have been approved for listing on The Nasdaq Capital Market, subject to closing of its proposed underwritten public offering of the common stock and warrants, and will trade under the symbol “NXTD” and “NXTDW,” respectively.

The Company’s common stock will continue to trade on the OTC Quotation Board under its existing symbol “NXTD” until the Nasdaq listing.

This press release does not constitute an offer to sell, or the solicitation of an offer to buy, these securities, nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale is not permitted.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. The securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. A preliminary prospectus relating to the proposed offering has been filed with the SEC and is available on the SEC’s website located at http://www.sec.gov.

About NXT- ID Inc. – Mobile Security for a Mobile World:

NXT-ID, Inc.’s (NXTD) innovative MobileBio™ solution mitigates consumer risks associated with mobile computing, m-commerce and smart OS-enabled devices. The company is focused on the growing m-commerce market, launching its innovative MobileBio™ suite of biometric solutions that secure consumers’ mobile platforms led by the Wocket™; a next generation smart wallet designed to replace all the cards in your wallet, no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. http://www.wocketwallet.com.

NXT-ID’s wholly owned subsidiary, 3D-ID LLC, is engaged in biometric identification that has 22 licensed patents in the field of 3D facial recognition http://www.nxt-id.com, http://3d-id.net

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For more information: marketwired.com/nxt-id-approved-for-nasdaq-capital-market-listing

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