OTC Markets Group Welcomes Independence Contract Drilling to OTCQX
OTC Markets Group Inc. (OTCQX: OTCM) announced that Independence Contract Drilling Inc (OTCQX: ICDI) has qualified to trade on the OTCQX® Best Market. ICDI, a provider of contract drilling services for oil and natural gas producers, previously traded on the New York Stock Exchange. The company's stock began trading on OTCQX on August 29, 2024, under the symbol 'ICDI'.
Trading on the OTCQX Market offers companies efficient, cost-effective access to U.S. capital markets with streamlined requirements designed to reduce costs and complexity while maintaining transparency for investors. To qualify, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.
OTC Markets Group Inc. (OTCQX: OTCM) ha annunciato che Independence Contract Drilling Inc (OTCQX: ICDI) ha ottenuto la qualifica per negoziare sul OTCQX® Best Market. ICDI, fornitore di servizi di perforazione a contratto per produttori di petrolio e gas naturale, in precedenza negoziava sulla New York Stock Exchange. Le azioni della società hanno iniziato a essere negoziate su OTCQX il 29 agosto 2024, con il simbolo 'ICDI'.
La negoziazione sul mercato OTCQX offre alle aziende accesso efficiente e conveniente ai mercati di capitali statunitensi con requisiti semplificati progettati per ridurre costi e complessità mantenendo al contempo la trasparenza per gli investitori. Per qualificarsi, le aziende devono soddisfare elevati standard finanziari, seguire le migliori pratiche di governance aziendale e dimostrare la conformità alle leggi sui titoli applicabili.
OTC Markets Group Inc. (OTCQX: OTCM) anunció que Independence Contract Drilling Inc (OTCQX: ICDI) ha calificado para operar en el OTCQX® Best Market. ICDI, proveedor de servicios de perforación por contrato para productores de petróleo y gas natural, anteriormente operaba en la Bolsa de Nueva York. Las acciones de la compañía comenzaron a cotizar en OTCQX el 29 de agosto de 2024, bajo el símbolo 'ICDI'.
Operar en el mercado OTCQX ofrece a las empresas acceso eficiente y rentable a los mercados de capitales de EE. UU. con requisitos simplificados diseñados para reducir costos y complejidades, manteniendo al mismo tiempo la transparencia para los inversores. Para calificar, las empresas deben cumplir con altos estándares financieros, seguir las mejores prácticas de gobernanza corporativa y demostrar cumplimiento con las leyes de valores aplicables.
OTC 마켓 그룹 주식회사 (OTCQX: OTCM)는 인디펜던스 계약 굴착 주식회사 (OTCQX: ICDI)가 OTCQX® 베스트 마켓에서 거래할 자격을 갖추었다고 발표했습니다. ICDI는 석유 및 천연 가스 생산자를 위한 계약 굴착 서비스 제공업체로, 이전에는 뉴욕 증권 거래소에서 거래되었습니다. 이 회사의 주식은 2024년 8월 29일부터 'ICDI' 기호로 OTCQX에서 거래되기 시작했습니다.
OTCQX 마켓에서 거래하는 것은 기업들에게 효율적이고 비용 효율적인 미국 자본 시장 접근을 제공하며, 비용과 복잡성을 줄이도록 설계된 간소화된 요구 사항을 유지하면서도 투자자에게 투명성을 보장합니다. 자격을 갖추려면 기업은 높은 재무 기준을 충족하고, 최고의 기업 거버넌스 관행을 따르며, 해당 증권 법규 준수를 입증해야 합니다.
OTC Markets Group Inc. (OTCQX: OTCM) a annoncé que Independence Contract Drilling Inc (OTCQX: ICDI) est désormais qualifié pour négocier sur le OTCQX® Best Market. ICDI, fournisseur de services de forage à contrat pour les producteurs de pétrole et de gaz naturel, était auparavant coté à la Bourse de New York. Les actions de l'entreprise ont commencé à être négociées sur OTCQX le 29 août 2024, sous le symbole 'ICDI'.
Négocier sur le marché OTCQX offre aux entreprises un accès efficace et économique aux marchés de capitaux américains avec des exigences simplifiées conçues pour réduire les coûts et la complexité tout en maintenant la transparence pour les investisseurs. Pour être qualifiées, les entreprises doivent respecter des normes financières élevées, suivre les meilleures pratiques en matière de gouvernance d'entreprise et démontrer leur conformité aux lois sur les valeurs mobilières applicables.
Die OTC Markets Group Inc. (OTCQX: OTCM) hat bekannt gegeben, dass die Independence Contract Drilling Inc (OTCQX: ICDI) für den Handel am OTCQX® Best Market qualifiziert ist. ICDI, ein Anbieter von Vertragsbohrdiensten für Öl- und Erdgasproduzenten, handelte zuvor an der New Yorker Börse. Die Aktien des Unternehmens wurden am 29. August 2024 unter dem Symbol 'ICDI' an der OTCQX gehandelt.
Der Handel am OTCQX Market bietet Unternehmen effizienten und kosteneffektiven Zugang zu den US-Kapitalmärkten mit vereinfachten Anforderungen, die darauf ausgelegt sind, Kosten und Komplexität zu reduzieren, während gleichzeitig Transparenz für die Investoren aufrechterhalten wird. Um sich zu qualifizieren, müssen Unternehmen hohe finanzielle Standards erfüllen, bewährte Praktiken der Unternehmensführung befolgen und die Einhaltung der geltenden Wertpapiergesetze nachweisen.
- ICDI has qualified to trade on the OTCQX Best Market, potentially improving liquidity and visibility
- OTCQX offers cost-effective access to U.S. capital markets compared to NYSE listing
- ICDI meets high financial standards and best practice corporate governance required for OTCQX
- ICDI has moved from NYSE to OTCQX, which may be perceived as a downgrade in listing status
- Potential reduction in trading volume and analyst coverage due to transition from NYSE
NEW YORK, Aug. 29, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Independence Contract Drilling Inc (OTCQX: ICDI), a company which provides contract drilling services for oil and natural gas producers, has qualified to trade on the OTCQX® Best Market. Independence Contract Drilling previously traded on the New York Stock Exchange.
Independence Contract Drilling Inc’s stock begins trading today on OTCQX under the symbol “ICDI”. 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 Independence Contract Drilling Inc
Independence Contract Drilling provides land-based contract drilling services for oil and natural gas producers in the United States. The Company constructs, owns and operates a fleet of pad-optimal ShaleDriller rigs that are specifically engineered and designed to accelerate its clients' production profiles and cash flows from their most technically demanding and economically impactful oil and gas properties
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.
Subscribe to the OTC Markets RSS Feed
Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com
FAQ
When did Independence Contract Drilling (ICDI) start trading on OTCQX?
What is Independence Contract Drilling's (ICDI) new trading symbol on OTCQX?
Where did Independence Contract Drilling (ICDI) trade before moving to OTCQX?
What are the benefits for ICDI trading on OTCQX according to OTC Markets Group (OTCM)?
