OTC Markets Group Welcomes Danimer Scientific, Inc. to OTCQX

Rhea-AI Summary

OTC Markets Group (OTCQX: OTCM) has announced that Danimer Scientific, Inc. (OTCQX: DNMRW), a leading bioplastics company, has qualified to trade its warrants on the OTCQX® Best Market. The warrants, which can be used to purchase shares of Danimer's Class A common stock, began trading under the symbol 'DNMRW' on July 15, 2024. Danimer's common stock will continue to trade on the New York Stock Exchange.

The OTCQX Market provides companies with efficient access to U.S. capital markets, offering streamlined requirements and transparent trading for investors. To qualify, companies must meet high financial standards, follow best practice corporate governance, and comply with securities laws. Investors can find Danimer's financial disclosures and Real-Time Level 2 quotes on www.otcmarkets.com.

Positive

• Danimer Scientific's warrants now trading on OTCQX Best Market, potentially increasing liquidity
• Company meets high financial standards and best practice corporate governance required for OTCQX

Negative

• None.

NEW YORK, July 15, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Danimer Scientific, Inc. (OTCQX: DNMRW), a leading, next-generation bioplastics company focused on the production of biodegradable materials, has qualified to trade its warrants to purchase shares of the Company’s Class A common stock, par value $0.0001 per share (the “Warrants”), on the OTCQX® Best Market. Danimer Scientific, Inc.’s common stock will continue to trade on the New York Stock Exchange.

Danimer Scientific, Inc.’s Warrants begin trading today on OTCQX under the symbol “DNMRW.” 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.

About Danimer Scientific, Inc.
Danimer Scientific is a pioneer in creating more sustainable, more natural ways to make plastic products. For more than a decade, its renewable and sustainable biopolymers have helped create plastic products that are biodegradable and compostable and return to nature instead of polluting our lands and waters. Danimer Scientific's technology can be found in a vast array of plastic end products that people use every day. Applications for its biopolymers include additives, aqueous coatings, fibers, filaments, films and injection-molded articles, among others. Danimer Scientific holds more than 480 granted patents and pending patent applications in more than 20 countries for a range of manufacturing processes and biopolymer formulations. For more information, visit https://danimerscientific.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

FAQ

When did Danimer Scientific's warrants start trading on the OTCQX Best Market?

Danimer Scientific's warrants began trading on the OTCQX Best Market on July 15, 2024, under the symbol 'DNMRW'.

What is the trading symbol for Danimer Scientific's warrants on OTCQX?

Danimer Scientific's warrants trade on the OTCQX Best Market under the symbol 'DNMRW'.

Will Danimer Scientific's common stock continue to trade on the NYSE after the warrants listing on OTCQX?

Yes, Danimer Scientific's common stock will continue to trade on the New York Stock Exchange while its warrants trade on the OTCQX Best Market.

What are the benefits for Danimer Scientific trading its warrants on the OTCQX Market?

Trading on the OTCQX Market offers Danimer Scientific efficient, cost-effective access to U.S. capital markets, lower costs and complexity of being publicly traded, and transparent trading for investors.