Came across SWRD and figured I’d share a few things that caught my attention.
AI-powered commercial/business lending platform.
Company is pursuing a Nasdaq uplisting.
The stock traded above **$4**, an important price threshold for many Nasdaq initial listing standards, assuming the company meets the other listing requirements.
According to the transfer agent’s verified share structure:
211.1M shares outstanding
210.1M restricted
\~1.08M unrestricted
Reported float of approximately **435,127 shares** (last reported May 18). If still current, that’s an extremely tight float.
**Today**, the company was featured in a Newsweek article discussing how AI is changing business lending and underwriting.
Obviously, do your own DD. An uplisting isn’t guaranteed, and the company still has to satisfy all Nasdaq requirements. But between the reported micro float, AI lending focus, and continued progress toward a Nasdaq listing, this is one I’m keeping on my watchlist.
