Black Unicorn Factory Takes Major Step Towards Nasdaq Listing, Files Form 8-A12B with SEC

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**Innovative Startup Accelerator Initiates Process to Reserve Nasdaq Ticker Symbol

Real innovation in the Fintech sector is coming to light, I'm so proud of the progress Black Unicorn Factory has made”

— John Stewart

LOS ANGELES, CA, UNITED STATES, November 13, 2024 /EINPresswire.com/ -- Black Unicorn Factory, the groundbreaking startup accelerator focused on transforming African American startups into billion-dollar tech companies, announced today that it has filed a Form 8-A12B with the U.S. Securities and Exchange Commission (SEC). This significant move marks a crucial step in the company's journey towards becoming a publicly traded entity on the Nasdaq Stock Market.

In addition to the SEC filing, Black Unicorn Factory has begun the initial stages of reserving a ticker symbol with Nasdaq, signaling its intent to list on the prestigious exchange shortly.

"This is a monumental moment for Black Unicorn Factory and the entrepreneurs we support," said Johnny Stewart, CEO of Black Unicorn Factory. "Our potential listing on Nasdaq represents not just our growth as a company, but also our commitment to creating more opportunities for African American-led startups in the tech industry."

The Form 8-A12B filing and the initiation of the ticker symbol reservation process follow Black Unicorn Factory's impressive private funding rounds, which saw the company raise $645 million and achieve a valuation of $6.1 billion in May 2021.

While the exact timing of the listing is yet to be determined, this move positions Black Unicorn Factory to transition from a private entity to a publicly traded company, potentially opening up new avenues for growth and investor participation.

For more information about Black Unicorn Factory and its initiatives, please visit https;//blackunicornfactory.com.

About Black Unicorn Factory:
Black Unicorn Factory is a leading startup accelerator dedicated to nurturing and scaling African-American-led tech startups. With a focus on innovation and equity in the tech industry, the company has been instrumental in fostering the growth of numerous successful startups since its inception.

JOHNNY STEWART
BLACK UNICORN FACTORY
+ +1 310-362-6999
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