#USA #St. Louis #Latch #DOOR #OTCID

DOOR Transitions to OTCID Basic Market

DOOR, previously operating as Latch, Inc., has officially transitioned its trading from the Pink Limited Market to the OTCID Basic Market. The company, still trading under the ticker symbol “LTCH”, announced this important move on March 3, 2026. The shift is a significant milestone in enhancing the company's stock visibility, accessibility, and liquidity, which are crucial for attracting a broader range of investors.

The move to OTCID is part of DOOR's ongoing strategy to improve its market presence and optimize shareholder value. With this change, the company is expecting to achieve greater exposure, which could lead to an increase in investor interest and engagement. This is particularly important for DOOR as it positions itself for future growth and exploration of additional trading options.

In the announcement, DOOR stated, "We aim to continuously monitor our stock's performance on the OTCID Basic Market, while also evaluating potential options for further trading or listing of our securities. This includes the possibility of moving to either the OTCQB or OTCQX Markets, or even exploring a listing on a national securities exchange in the future." This forward-thinking approach signals DOOR's commitment to expanding its market footprint and enhancing its corporate governance and transparency.

About DOOR

DOOR stands out as a pioneer in Building Intelligence, focusing on redefining how building operations function through advanced technology. By integrating high-quality hardware, intuitive software, and automated services into a cohesive system, DOOR effectively assists property owners and managers in improving operational efficiency and enhancing residents' daily experiences. Headquartered in St. Louis, DOOR serves various residential portfolios and purpose-built communities, showcasing its versatility and commitment to innovation in building management.

Despite the rebranding, the company operates under its legal name, Latch, Inc., and retains its stock listing under LTCH. However, DOOR plans to update its corporate name and stock symbol later, emphasizing the new identity and brand vision encapsulated in its rebranding to DOOR.

Looking Ahead

As DOOR embarks on this new journey within the OTCID Basic Market, it remains focused on its mission to support property owners and enhance the living experience for residents. This transition represents a strategic effort to secure a more robust market position while fostering community interactions and improving asset management.

The latest updates, news, and resources are available at DOOR.com, where the revamped brand experience is now live. DOOR's ongoing commitment to transparency is underscored by its intention to keep stakeholders informed about future developments, including the anticipated changes associated with its corporate identity.

Investors and stakeholders are encouraged to remain engaged as DOOR continues to navigate this dynamic landscape of opportunities and challenges. The transition to the OTCID Basic Market marks a key step in a broader strategy aimed at cultivating lasting relationships with investors while enhancing operational capabilities in the rapidly evolving real estate sector.

Forward-Looking Statements

As part of this announcement, it’s essential to consider that forward-looking statements are inherently subject to risks and uncertainties. Actual results may differ significantly from those projected due to various factors, including the company's ability to implement its plans effectively.

In summary, DOOR’s transition to the OTCID Basic Market is an exciting development that promises to enhance equities trading experiences for investors while positioning the company for future growth and innovation in building management.