STOCK TITAN

OTC Markets Group Welcomes PINEWOOD TECHNOLOGIES GROUP PLC to OTCQX

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

OTC Markets Group announced that PINEWOOD TECHNOLOGIES GROUP PLC, a cloud-based dealer management software provider, has qualified to trade on the OTCQX® Best Market. The company upgraded from the Pink® market and began trading under the symbol "PINWF" on February 25, 2025.

The OTCQX Market provides transparent trading for U.S. investors, with streamlined standards allowing internationally-listed companies to use their home market reporting. To qualify, companies must meet high financial standards, follow best practice corporate governance, and demonstrate securities law compliance.

CEO Bill Berman highlighted that this move makes it easier for U.S. investors to purchase shares in Pinewood Automotive Intelligence™. The platform operates in 21 countries, partners with over 50 manufacturers, and offers real-time solutions for automotive retail challenges. Berman noted that their partnership with Lithia, a major U.S. automotive dealer group, strengthens their investment proposition.

OTC Markets Group ha annunciato che PINEWOOD TECHNOLOGIES GROUP PLC, un fornitore di software per la gestione dei concessionari basato su cloud, ha ottenuto la qualifica per negoziare sul OTCQX® Best Market. L'azienda è passata dal mercato Pink® e ha iniziato a negoziare sotto il simbolo "PINWF" il 25 febbraio 2025.

Il mercato OTCQX offre un trading trasparente per gli investitori statunitensi, con standard semplificati che consentono alle aziende quotate a livello internazionale di utilizzare la reportistica del loro mercato di origine. Per qualificarsi, le aziende devono soddisfare elevati standard finanziari, seguire le migliori pratiche di governance aziendale e dimostrare la conformità alle leggi sui titoli.

Il CEO Bill Berman ha sottolineato che questo passaggio facilita l'acquisto di azioni di Pinewood Automotive Intelligence™ per gli investitori statunitensi. La piattaforma opera in 21 paesi, collabora con oltre 50 produttori e offre soluzioni in tempo reale per le sfide del commercio automobilistico. Berman ha notato che la loro partnership con Lithia, un importante gruppo di concessionari automobilistici statunitensi, rafforza la loro proposta di investimento.

OTC Markets Group anunció que PINEWOOD TECHNOLOGIES GROUP PLC, un proveedor de software de gestión de concesionarios basado en la nube, ha calificado para negociar en el OTCQX® Best Market. La compañía se actualizó del mercado Pink® y comenzó a negociar bajo el símbolo "PINWF" el 25 de febrero de 2025.

El mercado OTCQX proporciona un comercio transparente para los inversores de EE. UU., con estándares simplificados que permiten a las empresas cotizadas internacionalmente utilizar su reporte de mercado de origen. 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.

El CEO Bill Berman destacó que este movimiento facilita a los inversores de EE. UU. la compra de acciones de Pinewood Automotive Intelligence™. La plataforma opera en 21 países, se asocia con más de 50 fabricantes y ofrece soluciones en tiempo real para los desafíos del comercio automotriz. Berman señaló que su asociación con Lithia, un importante grupo de concesionarios de automóviles en EE. UU., fortalece su propuesta de inversión.

OTC Markets Group는 클라우드 기반 딜러 관리 소프트웨어 제공업체인 PINEWOOD TECHNOLOGIES GROUP PLCOTCQX® Best Market에서 거래할 자격을 갖추었다고 발표했습니다. 이 회사는 Pink® 시장에서 업그레이드되어 2025년 2월 25일 "PINWF"라는 기호로 거래를 시작했습니다.

OTCQX 시장은 미국 투자자에게 투명한 거래를 제공하며, 국제적으로 상장된 기업이 자국 시장 보고서를 사용할 수 있도록 간소화된 기준을 허용합니다. 자격을 갖추기 위해 기업은 높은 재무 기준을 충족하고, 모범적인 기업 거버넌스를 따르며, 증권법 준수를 입증해야 합니다.

CEO Bill Berman은 이 조치가 미국 투자자들이 Pinewood Automotive Intelligence™의 주식을 더 쉽게 구매할 수 있도록 한다고 강조했습니다. 이 플랫폼은 21개국에서 운영되며, 50개 이상의 제조업체와 협력하고 있으며, 자동차 소매 문제에 대한 실시간 솔루션을 제공합니다. Berman은 Lithia와의 파트너십이 미국의 주요 자동차 딜러 그룹과 함께 그들의 투자 제안을 강화한다고 언급했습니다.

OTC Markets Group a annoncé que PINEWOOD TECHNOLOGIES GROUP PLC, un fournisseur de logiciels de gestion de concessionnaires basé sur le cloud, a obtenu la qualification pour négocier sur le OTCQX® Best Market. L'entreprise a été promue du marché Pink® et a commencé à négocier sous le symbole "PINWF" le 25 février 2025.

Le marché OTCQX offre un commerce transparent pour les investisseurs américains, avec des normes simplifiées permettant aux entreprises cotées à l'international d'utiliser leur rapport de marché d'origine. Pour se qualifier, les entreprises doivent répondre à des normes financières élevées, suivre les meilleures pratiques de gouvernance d'entreprise et démontrer leur conformité aux lois sur les valeurs mobilières.

Le PDG Bill Berman a souligné que ce mouvement facilite l'achat d'actions de Pinewood Automotive Intelligence™ pour les investisseurs américains. La plateforme opère dans 21 pays, s'associe à plus de 50 fabricants et propose des solutions en temps réel pour les défis du commerce automobile. Berman a noté que leur partenariat avec Lithia, un important groupe de concessionnaires automobiles aux États-Unis, renforce leur proposition d'investissement.

OTC Markets Group gab bekannt, dass PINEWOOD TECHNOLOGIES GROUP PLC, ein Anbieter von cloudbasierten Dealer-Management-Software, für den Handel am OTCQX® Best Market qualifiziert ist. Das Unternehmen hat vom Pink®-Markt aufgestockt und begann am 25. Februar 2025 unter dem Symbol "PINWF" zu handeln.

Der OTCQX-Markt bietet transparenten Handel für US-Investoren, mit vereinfachten Standards, die es international notierten Unternehmen ermöglichen, ihre heimische Marktberichterstattung zu nutzen. Um sich zu qualifizieren, müssen Unternehmen hohe finanzielle Standards erfüllen, bewährte Praktiken der Unternehmensführung befolgen und die Einhaltung der Wertpapiergesetze nachweisen.

CEO Bill Berman betonte, dass dieser Schritt es US-Investoren erleichtert, Aktien von Pinewood Automotive Intelligence™ zu erwerben. Die Plattform ist in 21 Ländern tätig, arbeitet mit über 50 Herstellern zusammen und bietet Echtzeitslösungen für Herausforderungen im Automobilhandel. Berman stellte fest, dass ihre Partnerschaft mit Lithia, einer großen US-Automobilhändlergruppe, ihr Investitionsangebot stärkt.

Positive
  • Upgraded from Pink® market to OTCQX® Best Market, increasing visibility to U.S. investors
  • Operating in 21 countries with over 50 manufacturer partnerships
  • Strategic partnership with Lithia, one of the largest U.S. automotive dealer groups
  • First fully integrated secure cloud-based ecosystem in the automotive dealer management space
Negative
  • None.

NEW YORK, Feb. 25, 2025 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced PINEWOOD TECHNOLOGIES GROUP PLC (LSE: PINE; OTCQX: PINWF), a cloud-based dealer management software provider, has qualified to trade on the OTCQX® Best Market. PINEWOOD TECHNOLOGIES GROUP PLC upgraded to OTCQX from the Pink® market.

PINEWOOD TECHNOLOGIES GROUP PLC begins trading today on OTCQX under the symbol “PINWF.” 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.  

Bill Berman, CEO of Pinewood Technologies Group, commented:
“We are thrilled to begin trading on the OTCQX Market, which offers investors in the U.S. the opportunity to purchase shares in Pinewood Automotive Intelligence™ more easily. As the first fully integrated secure cloud-based ecosystem operating in 21 countries and partnering with more than 50 manufacturers, Pinewood Automotive Intelligence™ is uniquely positioned to offer real-time solutions to real world retail problems. The Pinewood Automotive Intelligence™ platform gives dealers and OEMs alike the ability to drive growth and unlock greater profits while operating securely in our fully connected environment.

“With the global market for Dealer Management Software solutions fragmented, the Pinewood Automotive Intelligence™ platform capitalizes on the universal need for clarity between customer, dealer and manufacturer. Strengthened by our partnership with Lithia, one of the largest automotive dealer groups in the U.S., we believe Pinewood Automotive Intelligence™ is a compelling investment proposition that will continue to deliver significant value for shareholders.”

About PINEWOOD TECHNOLOGIES GROUP PLC (Trading as Pinewood.AI)
First established in 1981, Pinewood.AI (Pinewood Automotive Intelligence™) is a leading pure-play cloud-based business, providing innovative solutions to automotive retailers and OEMs. Pinewood.AI's system is a market-leading automotive intelligence platform, which has been developed collaboratively with dealers and OEMs to provide full end-to-end secure cloud-based software across sales, aftersales, accounting and CRM. Headquartered in the UK, Pinewood.AI has a team of over 200 people serving over 30,000 global users across 21 countries and long-standing partnerships with over 50 OEM brands.

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 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 PINEWOOD TECHNOLOGIES GROUP PLC (OTCQX: PINWF) begin trading on the OTCQX Market?

PINEWOOD TECHNOLOGIES GROUP PLC began trading on the OTCQX Market on February 25, 2025, under the symbol 'PINWF' after upgrading from the Pink market.

What are the benefits for PINEWOOD TECHNOLOGIES GROUP PLC trading on OTCQX versus Pink market?

Trading on OTCQX provides greater transparency for U.S. investors, allows the company to utilize home market reporting, and requires meeting higher financial standards and corporate governance practices.

How many countries does Pinewood Automotive Intelligence operate in?

Pinewood Automotive Intelligence operates in 21 countries and partners with more than 50 manufacturers as a fully integrated secure cloud-based ecosystem.

Who is Pinewood Technologies' strategic partner in the United States?

Pinewood Technologies has a strategic partnership with Lithia, one of the largest automotive dealer groups in the United States.

What is the stock symbol for PINEWOOD TECHNOLOGIES GROUP PLC on OTCQX?

PINEWOOD TECHNOLOGIES GROUP PLC trades on the OTCQX under the symbol 'PINWF'. The company is also listed on the London Stock Exchange (LSE) under the symbol 'PINE'.

OTC Markets Group

OTC:OTCM

OTCM Rankings

OTCM Latest News

OTCM Stock Data

633.42M
11.85M
9.39%
Financial Data & Stock Exchanges
Financial Services
Link
United States
New York