OTC Markets Group Welcomes Greenrose Acquisition Corp. to OTCQX
OTC Markets Group Inc. announced that Greenrose Acquisition Corp. has qualified to trade on the OTCQX Best Market under the symbol GNRS. Previously listed on NASDAQ, Greenrose aims to be a multistate operator in the cannabis industry. OTCQX provides companies with efficient access to U.S. capital markets, emphasizing financial standards and corporate governance. This milestone allows Greenrose to continue its growth strategy in the cannabis sector while offering enhanced transparency for investors.
- Greenrose Acquisition Corp. qualifies for OTCQX, enhancing its market presence.
- The transition from NASDAQ to OTCQX may reduce operational costs and complexity.
- OTCQX's requirements promote best practices in corporate governance.
- None.
NEW YORK, June 22, 2021 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 11,000 U.S. and global securities, today announced Greenrose Acquisition Corp. (OTCQX: GNRS), a special purpose acquisition company targeting companies in the cannabis industry, has qualified to trade on the OTCQX® Best Market. Greenrose Acquisition Corp. previously traded on NASDAQ.
Greenrose Acquisition Corp. begins trading today on OTCQX under the symbol "GNRS." 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 Greenrose Acquisition Corp.
Greenrose Acquisition Corp. is a blank check company organized for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. Following the transactions forming the Platform, Greenrose will be a vertically integrated, multistate operator cannabis company.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market and the Pink® Open Market for 11,000 U.S. and global securities. Through OTC Link® ATS and OTC Link ECN, we connect a diverse network of broker-dealers that provide liquidity and execution services. We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.
To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.
OTC Link ATS and OTC Link ECN are SEC regulated ATSs, operated by OTC Link LLC, member FINRA/SIPC.
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Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com
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SOURCE OTC Markets Group Inc.
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