STOCK TITAN

OTC Markets Group Welcomes Marblegate Capital Corporation to OTCQX

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

OTC Markets Group (OTCQX: OTCM) has announced that Marblegate Capital (OTCQX: MGTE; MGTEW) has qualified to trade on the OTCQX® Best Market. The company, which operates as a vertically integrated, full-service fleet operator and specialty financer lender in the New York City taxi market, commenced trading under the symbols 'MGTE' and 'MGTEW'.

The OTCQX Market provides companies with cost-effective access to U.S. capital markets through streamlined requirements. Companies must meet strict financial standards, follow best practice corporate governance, and demonstrate securities law compliance to qualify.

OTC Markets Group (OTCQX: OTCM) ha annunciato che Marblegate Capital (OTCQX: MGTE; MGTEW) ha ottenuto l'idoneità per operare sul mercato OTCQX® Best Market. L'azienda, che opera come un operatore di flotte integrato verticalmente e un prestatore finanziario specializzato nel mercato dei taxi di New York, ha iniziato a scambiare sotto i simboli 'MGTE' e 'MGTEW'.

Il mercato OTCQX offre alle aziende un accesso economico ai mercati di capitali statunitensi attraverso requisiti semplificati. Le aziende devono soddisfare standard finanziari rigorosi, seguire le migliori pratiche di governance aziendale e dimostrare la conformità alle leggi sui titoli per qualificarsi.

OTC Markets Group (OTCQX: OTCM) ha anunciado que Marblegate Capital (OTCQX: MGTE; MGTEW) ha calificado para operar en el mercado OTCQX® Best Market. La compañía, que opera como un operador de flotas integrado verticalmente y prestamista especializado en el mercado de taxis de Nueva York, comenzó a cotizar bajo los símbolos 'MGTE' y 'MGTEW'.

El mercado OTCQX proporciona a las empresas un acceso rentable a los mercados de capital de EE. UU. a través de requisitos simplificados. Las empresas deben cumplir con estrictos estándares financieros, seguir las mejores prácticas de gobernanza corporativa y demostrar el cumplimiento de las leyes de valores para calificar.

OTC Markets Group (OTCQX: OTCM)는 Marblegate Capital (OTCQX: MGTE; MGTEW)가 OTCQX® Best Market에서 거래할 자격을 갖추었다고 발표했습니다. 이 회사는 뉴욕시 택시 시장에서 수직적으로 통합된 전체 서비스 차량 운영자이자 전문 금융 대출자로 운영되며, 'MGTE' 및 'MGTEW' 기호로 거래를 시작했습니다.

OTCQX 시장은 기업이 간소화된 요구 사항을 통해 미국 자본 시장에 비용 효율적으로 접근할 수 있도록 합니다. 기업은 자격을 갖추기 위해 엄격한 재무 기준을 충족하고, 모범적인 기업 거버넌스를 따르며, 증권 법규 준수를 입증해야 합니다.

OTC Markets Group (OTCQX: OTCM) a annoncé que Marblegate Capital (OTCQX: MGTE; MGTEW) a obtenu la qualification pour négocier sur le marché OTCQX® Best Market. L'entreprise, qui opère en tant qu'opérateur de flotte intégré verticalement et prêteur financier spécialisé sur le marché des taxis de New York, a commencé à négocier sous les symboles 'MGTE' et 'MGTEW'.

Le marché OTCQX offre aux entreprises un accès rentable aux marchés de capitaux américains grâce à des exigences simplifiées. Les entreprises doivent respecter des normes financières strictes, suivre les meilleures pratiques de gouvernance d'entreprise et démontrer leur conformité aux lois sur les valeurs mobilières pour se qualifier.

OTC Markets Group (OTCQX: OTCM) hat bekannt gegeben, dass Marblegate Capital (OTCQX: MGTE; MGTEW) für den Handel auf dem OTCQX® Best Market qualifiziert ist. Das Unternehmen, das als vertikal integrierter Full-Service-Flottenbetreiber und Spezialfinanzierer im New Yorker Taxi-Markt tätig ist, hat den Handel unter den Symbolen 'MGTE' und 'MGTEW' aufgenommen.

Der OTCQX-Markt bietet Unternehmen kostengünstigen Zugang zu den US-Kapitalmärkten durch vereinfachte Anforderungen. Unternehmen müssen strenge finanzielle Standards erfüllen, bewährte Praktiken der Unternehmensführung befolgen und die Einhaltung der Wertpapiergesetze nachweisen, um sich zu qualifizieren.

Positive
  • Uplisting to OTCQX Best Market indicates meeting higher financial and governance standards
  • Enhanced market visibility and accessibility for investors through OTCQX trading
  • Access to Real-Time Level 2 quotes and transparent trading
Negative
  • None.

NEW YORK, April 10, 2025 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Marblegate Capital Corporation (OTCQX: MGTE; MGTEW), a vertically integrated, full-service fleet operator and specialty financer lender in the New York City taxi market, has qualified to trade on the OTCQX® Best Market. Marblegate Capital Corporation begins trading today on OTCQX under the symbols “MGTE” and “MGTEW.”

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 Marblegate Capital Corporation
Marblegate Capital Corporation (MCC) is a vertically integrated, full-service fleet operator and specialty financer lender in the New York City (NYC) taxi market.

MCC specializes in NYC taxi medallions, as a lender, owner, and fleet operator. With a loan portfolio collateralized by more than 1,700 medallions and over 2,000 medallions owned, we believe that we are the largest lender and owner of NYC taxi medallions as well as one of the largest NYC medallion fleet operators.* What differentiates us is our end-to-end understanding of the taxi business and position as the most impactful player in the industry driving positive change.

Marblegate Asset Management (Marblegate) is MCC’s external manager. Founded in 2008, Marblegate is an investment management firm that focuses on distressed and special situation investing. As a turnaround-oriented investors, the firm utilizes in-house financial and operational restructuring expertise to transform troubled companies and assets. Marblegate takes a hands-on approach to drive positive business transformations amid complexity to create value and sustainable results.

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, OTC Link NQB, and MOON ATS™ 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

* Data as of 9/30/24 and includes medallions that are not currently registered with the TLC


FAQ

What are the new trading symbols for Marblegate Capital on OTCQX?

Marblegate Capital trades on OTCQX under the symbols 'MGTE' and 'MGTEW'.

What are the requirements for companies to qualify for OTCQX trading?

Companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.

What is Marblegate Capital 's main business focus?

Marblegate Capital is a vertically integrated, full-service fleet operator and specialty financer lender in the New York City taxi market.

What benefits does OTCQX trading offer to Marblegate Capital ?

OTCQX trading provides efficient, cost-effective access to U.S. capital markets with streamlined market requirements and transparent trading for investors.
OTC Markets Group

OTC:OTCM

OTCM Rankings

OTCM Latest News

OTCM Stock Data

565.19M
11.85M
10.07%
Financial Data & Stock Exchanges
Financial Services
Link
United States
New York