Verde Resources Targets Nasdaq Listing to Fuel Eco-Friendly Asphalt Expansion

Verde Resources plans Nasdaq uplisting to fund its BioAsphalt™ tech, tapping the $405B sustainable infrastructure market via key biochar supply and licensing deals.

Aiming to transform road construction with its carbon-capturing materials, Verde Resources is positioning itself for a significant strategic leap. The company’s planned uplisting to the Nasdaq exchange represents a crucial financial milestone designed to secure capital for scaling its proprietary BioAsphalt™ technology and forging new international alliances.

Capitalizing on a Multi-Billion Dollar Sustainable Infrastructure Market

The global push for sustainable infrastructure is creating a powerful tailwind for innovative solutions. With the sector projected to reach approximately $405 billion by 2034, the demand for climate-neutral alternatives is urgent. Traditional road-building is a major carbon emitter, releasing over 400 million tons of CO2 annually—a footprint comparable to the aviation industry. Verde’s approach, which utilizes biochar, taps directly into this need. Notably, biochar-based solutions already commanded over 90% of the durable carbon removal credit market in 2023, underscoring the material's established environmental credibility.

Strategic Partnerships to Build a Green Supply Chain

To secure its growth foundation, Verde Resources has established key collaborations. A central pillar is its supply agreement with Biochar Solutions LLC, secured in March 2026. This deal provides specialized plant-based carbon that serves as the core ingredient for the sustainable asphalt. Beyond raw material supply, the partnership includes joint intellectual property development and a share in revenue from CO2 credits. The agreement initiates with an 18-month evaluation period before potentially transitioning into a long-term, five-year contract.

Further bolstering its North American market access, the company holds an exclusive ten-year licensing agreement with Ergon Asphalt & Emulsions. This partner is responsible for commercializing the technology across the United States, Canada, and Mexico, giving Verde immediate entry into established regional supply chains.

The Path to a Nasdaq Listing

Currently traded on the OTCQB market, Verde Resources has formally applied for a listing on the Nasdaq. The successful completion of a planned public equity offering is a prerequisite for this move. Management intends to use the proceeds from this capital raise to accelerate the scaling of its BioAsphalt™ technology and to pursue new global partnerships. Final approval for the uplisting is contingent upon meeting all regulatory requirements set forth by the exchange.

The company’s immediate focus is on executing this capital raise, the success of which will determine the timing of its Nasdaq debut. Concurrently, the 18-month testing phase with Biochar Solutions is underway, which aims to lay the groundwork for a permanently integrated, vertical supply chain.