Trading Under the Ticker "POCI" Expected to Begin on Wednesday, November 16, 2022

GARDNER, Mass., Nov. 15, 2022 /PRNewswire/ -- Precision Optics Corporation, Inc. (OTCQB:PEYE, PEYED))))) (NASDAQ:POCI) (the "Company") today announced that the Company has been approved to list on the Nasdaq Capital Market ("Nasdaq"), and that trading on the Nasdaq is expected to begin on Wednesday, November 16, 2022, under the symbol "POCI." The Company's shares will continue to trade on the OTCQB until trading on Nasdaq commences.

The "PEYED" ticker used for Precision Optics shares traded on the OTCQB will seamlessly transition to the new ticker symbol "POCI" on the first day of trading on Nasdaq. Stockholders are not required to take any action as a result of the uplisting.

"Following the strong financial results of the past year, including the record first quarter fiscal 2023 revenues we announced on Monday, we believe the timing is ideal to uplist our shares to the Nasdaq," commented Dr. Joseph Forkey, CEO of Precision Optics. "This uplisting should enhance the visibility of Precision Optics in the capital markets, allowing for increased sponsorship from institutional investors as well as increased liquidity in the trading volume of our stock. We are excited about this significant step forward as a company."