STOCK TITAN

OTC Markets Group Welcomes SWEDENCARE AB to OTCQX

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

SWEDENCARE AB, a premium pet healthcare products company, has upgraded from Pink® market to trade on the OTCQX® Best Market under the symbol 'SWDCF'. The company, which develops products for cats, dogs, and horses, already trades on Nasdaq OMX Nordic Exchange Stockholm. This upgrade provides transparent trading access for U.S. investors through streamlined market standards. Swedencare generates 75% of its group sales in North America through brands like NaturVet® and Pet MD®. The move aims to facilitate investment access for both U.S. professional and retail investors.

SWEDENCARE AB, un'azienda di prodotti premium per la salute degli animali domestici, è passata dal mercato Pink® a quello OTCQX® Best Market sotto il simbolo 'SWDCF'. L'azienda, che sviluppa prodotti per gatti, cani e cavalli, è già quotata al Nasdaq OMX Nordic Exchange di Stoccolma. Questo upgrade offre un accesso al trading trasparente per gli investitori statunitensi tramite standard di mercato semplificati. Swedencare genera il 75% delle vendite di gruppo in Nord America attraverso marchi come NaturVet® e Pet MD®. Questa mossa mira a facilitare l'accesso agli investimenti sia per gli investitori professionali che per quelli al dettaglio negli Stati Uniti.

SWEDENCARE AB, una empresa de productos de salud para mascotas de alta calidad, ha mejorado su posición de mercado desde Pink® al OTCQX® Best Market bajo el símbolo 'SWDCF'. La compañía, que desarrolla productos para gatos, perros y caballos, ya cotiza en el Nasdaq OMX Nordic Exchange de Estocolmo. Esta mejora proporciona acceso al comercio transparente para inversores estadounidenses a través de estándares de mercado simplificados. Swedencare genera el 75% de sus ventas grupales en América del Norte a través de marcas como NaturVet® y Pet MD®. Este movimiento tiene como objetivo facilitar el acceso a la inversión tanto para inversores profesionales como minoristas en EE. UU.

SWEDENCARE AB, 프리미엄 애완동물 건강 관리 제품 회사가 Pink® 시장에서 OTCQX® Best Market으로 업그레이드되어 'SWDCF' 심볼로 거래를 시작했습니다. 이 회사는 고양이, 개, 말용 제품을 개발하며, 이미 스톡홀름의 Nasdaq OMX Nordic Exchange에서 거래 중입니다. 이번 업그레이드는 간소화된 시장 기준을 통해 미국 투자자에게 투명한 거래 접근을 제공합니다. Swedencare는 NaturVet® 및 Pet MD®와 같은 브랜드를 통해 북미 지역에서 그룹 매출의 75%를 발생시킵니다. 이 움직임은 미국의 전문 투자자와 소매 투자자 모두에게 투자 접근을 용이하게 하기 위한 것입니다.

SWEDENCARE AB, une entreprise de produits de santé pour animaux de compagnie haut de gamme, est passée du marché Pink® au OTCQX® Best Market sous le symbole 'SWDCF'. L'entreprise, qui développe des produits pour chats, chiens et chevaux, est déjà cotée sur le Nasdaq OMX Nordic Exchange à Stockholm. Cette mise à niveau offre un accès au commerce transparent pour les investisseurs américains grâce à des normes de marché simplifiées. Swedencare génère 75 % de ses ventes groupées en Amérique du Nord grâce à des marques telles que NaturVet® et Pet MD®. Cette démarche vise à faciliter l'accès à l'investissement pour les investisseurs professionnels et de détail aux États-Unis.

SWEDENCARE AB, ein Unternehmen für Premium-Produkte im Bereich Tiergesundheit, hat von Pink® in den OTCQX® Best Market gewechselt und wird unter dem Symbol 'SWDCF' gehandelt. Das Unternehmen entwickelt Produkte für Katzen, Hunde und Pferde und ist bereits an der Nasdaq OMX Nordic Exchange in Stockholm gelistet. Dieses Upgrade bietet US-Investoren einen transparenten Handelszugang durch vereinfachte Marktstandards. Swedencare erzielt 75% seines Gruppenumsatzes in Nordamerika über Marken wie NaturVet® und Pet MD®. Der Schritt zielt darauf ab, den Zugang zu Investitionen sowohl für professionelle als auch für Einzelhandelsinvestoren in den USA zu erleichtern.

Positive
  • 75% of group sales come from North America, indicating strong market presence
  • Upgrade to OTCQX from Pink market enhances trading accessibility and transparency
  • Owns established pet brands NaturVet® and Pet MD® in the U.S. market
Negative
  • None.

NEW YORK, Nov. 19, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced SWEDENCARE AB (Nasdaq OMX Nordic Exchange Stockholm: SECARE; OTCQX: SWDCF), a company that develops, produces, and sells premium healthcare products for cats, dogs, and horses, has qualified to trade on the OTCQX® Best Market. SWEDENCARE AB upgraded to OTCQX from the Pink® market.

SWEDENCARE AB begins trading today on OTCQX under the symbol “SWDCF.” 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.

"Over the years we have increased our presence in the US and we now have 75% of our group sales in North America with strong and well-known pet brands such as NaturVet® and Pet MD®, therefore it is a natural step for us to also review the investor market in North America. With our presence, and requests from both professional and retail investors to make it easier for US investors and our employees to invest in Swedencare, we are pleased to have found OTCQX to partner with," stated Håkan Lagerberg, the CEO of Swedencare.

About SWEDENCARE AB
Swedencare, listed on the NASDAQ First North Growth Market, develops, produces, and sells premium products in the global and rapidly growing market for healthcare products for cats, dogs, and horses. The company has an extensive product portfolio with strong brands such as NaturVet, Innovet, Pet MD, Rx Vitamins, nutravet, and ProDen PlaqueOff, the original for good oral health. Swedencare has its head office in Malmö and the company's products are currently sold in approximately 65 countries to veterinarians, pet stores, and online through a distribution network comprising subsidiaries in nine countries as well as an international network of retailers. Swedencares revenue has seen significant growth over several years while maintaining high profitability.

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.

Subscribe to the OTC Markets RSS Feed

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


FAQ

When did SWEDENCARE AB (SWDCF) begin trading on OTCQX?

SWEDENCARE AB began trading on the OTCQX Best Market on November 19, 2024, under the symbol 'SWDCF'.

What percentage of SWEDENCARE AB's sales come from North America?

75% of SWEDENCARE AB's group sales come from North America.

What are SWEDENCARE AB's main brands in the U.S. market?

SWEDENCARE AB's main brands in the U.S. market include NaturVet® and Pet MD®.

Which market did SWEDENCARE AB upgrade from to join OTCQX?

SWEDENCARE AB upgraded to OTCQX from the Pink® market.

OTC MARKETS GROUP INC A

OTC:OTCM

OTCM Rankings

OTCM Latest News

OTCM Stock Data

642.40M
11.85M
9.01%
Financial Data & Stock Exchanges
Financial Services
Link
United States of America
New York