READEN HOLDING CORPORATION (OTC PINK: RHCO), a leading Venture Capital Corporation active in the Fintech, Online Payment, and E-commerce sectors, announced today its return to "Pink Current" status on OTC Markets.

The Company had received the "Yield Sign" due to change of management in Q3 2023, which necessitated the submission of new compliance documents. The process has taken longer than expected and it also caused delays in in filing financial statements for the quarters ending September 2023 and December 2023 to the OTC Markets Disclosure & News Service, resulted in the prolonged presence of the "Yield Sign". Following the completion of necessary updates and disclosures in its filings, OTC Markets has removed the "Yield Sign", reinstating RHCO's "Pink Current" tier status.

For the quarter ended December 2023, RHCO reported robust financial performance with a remarkable revenue increase of 117.6% compared to the previous quarter. Additionally, the Company achieved a profit of $1,304,371 for this period, reflecting a notable surge of 94.5% from the last quarter.

Harry Westbroek, CEO of RHCO stated, "We apologize for the recent lack of updates, but despite the 'Yield Sign' period, RHCO has been performing impressively. Our payment system, Readies, has gained significant traction among European online merchants for its secure and convenient platform, benefiting both merchants and customers. Alongside this, RHCO is actively involved in several exciting new initiatives, with more details to come soon. We are excited to be back on track and anticipate another year of substantial growth for RHCO."