OTC Markets Group Welcomes Mednow Inc. to OTCQX

Rhea-AI Summary

OTC Markets Group Inc. (OTCM) has announced that Mednow Inc. (TSX-V: MNOW; OTCQX: MDNWF) is now trading on the OTCQX Best Market, having upgraded from the OTCQB Venture Market. This transition allows Mednow to better showcase its qualifications to U.S. investors. Mednow specializes in a web and mobile application for prescription medication distribution and virtual care services, including doctor home visits for patients unable to leave their homes.

Positive

• Mednow Inc. upgraded to OTCQX Best Market, enhancing trading visibility.
• Mednow provides essential telemedicine services and home healthcare solutions.

Negative

• None.

NEW YORK, May 06, 2022 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Mednow Inc. (TSX-V: MNOW; OTCQX: MDNWF), a healthcare company that has developed a proprietary web and mobile application to facilitate the sale and distribution of prescription medications, has qualified to trade on the OTCQX® Best Market. Mednow Inc. upgraded to OTCQX from the OTCQB® Venture Market.

Mednow Inc. begins trading today on OTCQX under the symbol “MDNWF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

The OTCQX Market is designed for established, investor-focused U.S. and international companies. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. Graduating to the OTCQX Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors.

About Mednow Inc.
Mednow is a healthcare company that has developed a proprietary web and mobile application to facilitate the sale and distribution of prescription medications, and the delivery of virtual care and telemedicine services. The Company also owns and operates a business, operating under the trade name Medvisit, that provides doctor home visits for patients who are unable to leave their homes.

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

What does Mednow Inc. do?

Mednow Inc. develops a web and mobile application for selling and distributing prescription medications and offers virtual care services, including home doctor visits.

What is the significance of Mednow's upgrade to OTCQX?

Upgrading to OTCQX signifies Mednow's compliance with higher financial standards and corporate governance, improving visibility among U.S. investors.

When did Mednow Inc. start trading on OTCQX?

Mednow Inc. began trading on OTCQX under the symbol 'MDNWF' on May 6, 2022.

What is the stock symbol for Mednow Inc. on OTCQX?

Mednow Inc. trades on OTCQX under the symbol 'MDNWF'.