Tiger Telematics Inc., has filed the necessary paperwork with the U.S. Securities and Exchange Commission (SEC) in preparation for the company’s listing on the NASDAQ stock exchange.

When approved, this will permit Tiger Telematics to engage a much larger investor base as it permits retail solicitation orders and research by analysts. Tiger’s common stock will then be considered a marginable security for loans. To date, the company’s stock has been traded on the over-the-counter market.

“Our investment bank will be helping us with financing and making introduction to institutions including hedge funds and retail clients,” Carl Freer, co-founder and chairman of Tiger Telematics, said in a statement. “This might result in a registration statement for securities in the near future.”