STOCK TITAN

OTC Markets Group Welcomes Organic Garage Ltd. to OTCQX

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

Organic Garage Ltd., a leading independent organic grocer in Canada, has upgraded to trade on the OTCQX Best Market under the symbol OGGFF. This move from the Pink market to OTCQX aims to enhance transparency and accessibility for U.S. investors. Trading begins today, and the upgrade signifies compliance with high financial standards and corporate governance. CEO Matt Lurie expressed that this transition will improve liquidity and broaden the investor base, positioning Organic Garage for continued growth.

Positive
  • Upgraded to OTCQX from the Pink market, enhancing trading transparency.
  • Access to a larger U.S. investor base, potentially increasing share liquidity.
Negative
  • None.

NEW YORK, March 31, 2021 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 11,000 U.S. and global securities, today announced Organic Garage Ltd. (TSX-V: OG; OTCQX: OGGFF), one of Canada's leading independent organic grocers, has qualified to trade on the OTCQX® Best Market. Organic Garage Ltd. upgraded to OTCQX from the Pink® market.

Organic Garage Ltd. begins trading today on OTCQX under the symbol "OGGFF."  U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors.  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.

"The commencement of trading on the OTCQX will provide a large U.S. investor base with the opportunity to participate directly in Organic Garage's ongoing growth," stated Matt Lurie, President and CEO of Organic Garage.  "Trading on OTCQX will enhance our share liquidity and widen the reach and awareness of our products and services."

Securities Law USA, PLLC acted as the company's OTCQX sponsor.

About Organic Garage Ltd.
Organic Garage is one of Canada's leading independent organic grocers and is committed to offering its customers a wide selection of healthy and natural products at everyday affordable prices. The Company's stores are in prime retail locations designed to give customers an inclusive, unique and value-focused grocery shopping experience. Founded in 2005 by a fourth-generation grocer, Organic Garage is headquartered in Toronto. The Company is focused on continuing to expand its retail footprint within the Greater Toronto Area. For more information please visit the Organic Garage website at www.organicgarage.com.

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.

Subscribe to the OTC Markets RSS Feed

Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/otc-markets-group-welcomes-organic-garage-ltd-to-otcqx-301259133.html

SOURCE OTC Markets Group Inc.

FAQ

What does Organic Garage Ltd.'s upgrade to OTCQX mean for investors?

The upgrade to OTCQX signifies greater transparency and access to a larger U.S. investor base, which could enhance liquidity and visibility.

When did Organic Garage Ltd. start trading on OTCQX?

Organic Garage Ltd. commenced trading on OTCQX on March 31, 2021.

What is the stock symbol for Organic Garage Ltd. on OTCQX?

The stock symbol for Organic Garage Ltd. on OTCQX is OGGFF.

How does OTCQX benefit companies like Organic Garage?

OTCQX allows companies to meet high financial standards and corporate governance, facilitating easier access for investors.

OTC MARKETS GROUP INC A

OTC:OTCM

OTCM Rankings

OTCM Latest News

OTCM Stock Data

634.62M
11.85M
9.21%
Financial Data & Stock Exchanges
Financial Services
Link
United States of America
New York