OTC Markets Group Welcomes MiniLuxe Holding Corp. to OTCQX
OTC Markets Group Inc. (OTCM) has announced that MiniLuxe Holding Corp. (MNLXF) has qualified to trade on the OTCQX® Best Market, effective April 28, 2022. MiniLuxe, a socially-responsible lifestyle brand in the nail and waxing industry, aims to expand its investor reach in the U.S. through this partnership. The OTCQX Market offers efficient access to U.S. capital markets, adhering to high financial standards and corporate governance. MiniLuxe intends to leverage its digital platform and diverse workforce to set industry standards for health and fair labor practices.
- MiniLuxe begins trading on OTCQX under symbol 'MNLXF'.
- Partnership with OTC Markets Group may enhance investor outreach.
- MiniLuxe is positioned as a socially-responsible brand in a growing niche market.
- None.
NEW YORK, April 28, 2022 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for 12,000 U.S. and international securities, today announced MiniLuxe Holding Corp. (TSX-V: MNLX.V; OTCQX: MNLXF), a digital-first, socially-responsible lifestyle brand and talent empowerment platform for the nail and waxing industry, has qualified to trade on the OTCQX® Best Market.
MiniLuxe Holding Corp. begins trading today on OTCQX under the symbol “MNLXF”. 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. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the U.S. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.
“We are excited by this partnership with OTC Markets Group and the opportunity to expand our reach of prospective investors to the US,” said Tony Tjan, Chairman and Co-founder of MiniLuxe.
Dorsey & Whitney LLP acted as the company’s OTCQX sponsor.
MiniLuxe, a Delaware corporation based in Boston, Massachusetts is a digital-first, socially-responsible lifestyle brand and talent empowerment platform for the nail and waxing industry. For over a decade, MiniLuxe has been setting industry standards for health, hygiene, and fair labour practices in its efforts to transform the heavily-used but highly under-regulated nail care industry. MiniLuxe looks to become one of the largest inclusionary educators and vocational employers, with a diverse, predominantly female and BIPOC workforce on its talent empowerment platform.
Today, MiniLuxe derives its revenue streams from talent (provision of nail care and waxing services) and product (sales of proprietary clean nail care products). MiniLuxe is driven by a fully-integrated digital platform that manages all client bookings, preferences, and payments and provides designers with the ability to manage scheduling and client preferences, track their performance and compensation, and access training content. Since its inception, MiniLuxe has performed nearly 3 million services.
www.miniluxe.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.
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Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com
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