OTC Markets Group Welcomes Autoscope Technologies Corporation to OTCQX
OTC Markets Group Inc. (OTCM) announced that Autoscope Technologies Corporation (AATC) has qualified to trade on the OTCQX Best Market, transitioning from NASDAQ. The trading began on February 10, 2023, allowing U.S. investors to access real-time financial disclosure and quotes. OTCQX offers cost-effective market access and imposes high financial standards and best practices for companies. Frank Hallowell, Interim CEO of Autoscope, expressed excitement about this move, anticipating reduced expenses and a focus on growth, ultimately benefiting shareholders. Autoscope specializes in above-ground detection technology for transportation safety and efficiency.
- Autoscope qualifies for OTCQX, enhancing market access.
- Transition from NASDAQ expected to reduce expenses.
- Management can focus on operational growth and shareholder value.
- None.
NEW YORK, Feb. 10, 2023 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for 12,000 U.S. and international securities, today announced Autoscope Technologies Corporation (OTCQX: AATC), a global company dedicated to helping improve safety and efficiency for cities and highways, has qualified to trade on the OTCQX® Best Market. Autoscope Technologies Corporation previously traded on NASDAQ.
Autoscope Technologies Corporation begins trading today on OTCQX under the symbol “AATC.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
Trading on the OTCQX Market offers companies efficient, cost-effective access to the U.S. capital markets. Streamlined market requirements for OTCQX are designed to help companies lower the cost and complexity of being publicly traded, while providing transparent trading for their investors. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.
“We are excited to commence trading on the OTCQX Market,” said Frank Hallowell, Interim Chief Executive Officer for Autoscope Technologies Corporation. “The decision to start trading on the OTCQX Market should result in a benefit to the Company’s shareholders by reducing the expenses and permitting management to focus on operating and growing the company. We are focused on delivering shareholder value and look forward to offering investors the opportunity to invest strategically in technology and engineering companies.”
About Autoscope Technologies Corporation
Autoscope Technologies Corporation is a global company dedicated to helping improve safety and efficiency for cities and highways by developing and delivering above-ground detection technology, applications and solutions. We give Intelligent Transportation Systems (ITS) professionals more precise and accurate information – including real-time reaction capabilities and in-depth analytics – to make more confident and proactive decisions. We are headquartered in Minneapolis, Minnesota. Visit us on the web at autoscope.com.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX® Best Market, OTCQB® Venture Market and Pink® Open Market.
Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.
OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.
To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.
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Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com
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