Lleida.net joins the OTCQX Composite index of OTC Markets, reserved for the most transparent companies

Rhea-AI Summary

Lleida.net (OTCQX: LLEIF) has been added to the OTCQX Composite Index, highlighting its investor-oriented transparency. This marks its inclusion in three OTCQX indexes since entering the U.S. market in 2020. The company traded over 80 million euros in shares in 2021, indicating high liquidity. Lleida.net leads in electronic notification and contracting, holding over 200 patents globally. It also recently acquired Indenova for 7.1 million euros, a notable transaction in Spain's SaaS sector.

Positive

• Included in the OTCQX Composite Index, enhancing visibility and investor trust.
• Traded over 80 million euros in shares throughout 2021, indicating strong liquidity.
• Acquired Indenova for 7.1 million euros, strengthening market position.

Negative

• None.

MADRID, Dec. 21, 2021 /PRNewswire/ -- Spanish tech company Lleida.net (OTCQX: LLEIF) (EPA: ALLLN) (BME:LLN) has been included in the OTCQX Composite Index of OTC Markets.

The OTCQX Composite recognizes investor-oriented OTC-listed companies with high levels of transparency. It is the third index in which Lleida.net has been included in America since it began trading there in 2020.

The corporation, whose shares have been traded in New York since November last year, is already listed on the OTCQX Dividend and OTCQX International indexes.

CEO and founder Sisco Sapena, said: "the U.S. market has shown during 2021 that we are an interesting company for American investors. In addition, our inclusion in three indexes on OTCQX prove that we are a liquid, transparent and attractive company internationally."

Jonathan Dickson, Vice President of OTC in Europe, added that: "We're delighted that Lleida.net has experienced such success on our OTCQX market in the US and congratulate them on their accomplishments. We are pleased to recognize Lleida.net and look forward to welcoming more companies from the region to our OTCQX Market."

Throughout 2021, Lleida.net has been one of the Spanish market companies with the highest liquidity levels. Over the year, the company has traded more than 80 million euros in shares.

OTCQX is a U.S. market for companies listed on a qualified international stock exchange. To qualify for the OTCQX market, companies must meet high financial standards, follow best practice corporate governance, demonstrate compliance with U.S. securities laws, and have a professional third-party sponsor introduction.

Over 11,000 U.S. and global securities (including financial services, metals & mining, oil & gas, pharmaceuticals & biotechnology, healthcare, telecommunications, technology, retail, media, and utilities) are listed on the market, which has a total annual dollar volume of $605 billion.

In Europe, Lleida.net is part of the IBEX Growth Market 15 index, which brings together the fastest-moving companies in the Spanish alternative market.

It is also part of Euronext Tech Croissance, which includes the leading technology companies in the Pan-European space.

Lleida.net is the European leader in the registered electronic notification, signature, and contracting industry and is listed in Spain, France, and the United States.

Its technology has been granted more than 200 patents from 63 countries on five continents, and its intellectual property portfolio is one of the most important in the industry worldwide.

Among those countries are the United States, the European Union, China, Russia, India, Mexico, Japan, Colombia, Argentina, Peru, South Africa, Nigeria, Australia, and New Zealand.

At present, some 70 countries recognize the legal validity of the Spanish company's electronic methods to certify legal notifications in contracting processes.

Recently, it approved the purchase of the company, Indenova for 7.1 million euros, in one of the most significant operations in the Spanish SaaS market in 2021.

 

View original content:https://www.prnewswire.com/news-releases/lleidanet-joins-the-otcqx-composite-index-of-otc-markets-reserved-for-the-most-transparent-companies-301448822.html

SOURCE Lleida.net

FAQ

What does the inclusion of Lleida.net in the OTCQX Composite Index mean for LLEIF stock?

Inclusion in the OTCQX Composite Index signifies enhanced credibility and transparency for Lleida.net, potentially attracting more investors to LLEIF stock.

How much did Lleida.net trade in shares in 2021?

Lleida.net traded over 80 million euros in shares during 2021, reflecting high liquidity.

What is the significance of Lleida.net's acquisition of Indenova?

The acquisition of Indenova for 7.1 million euros represents a significant strategic move for Lleida.net in the Spanish SaaS market.

How many patents does Lleida.net hold?

Lleida.net holds over 200 patents from 63 countries, making its intellectual property portfolio one of the most significant in the industry.

Which indexes is Lleida.net listed in aside from OTCQX?

Lleida.net is also part of the OTCQX Dividend and OTCQX International indexes, and its European listings include the IBEX Growth Market 15 and Euronext Tech Croissance.