OTC Markets Group Welcomes Teton Advisors Inc. to OTCQX
On October 12, 2022, OTC Markets Group Inc. (OTCM) announced that Teton Advisors, Inc. has advanced to trade on the OTCQX® Best Market from the Pink® market. This transition signifies Teton Advisors' compliance with higher financial standards and corporate governance best practices. Trading under the symbol 'TETAA,' the move is expected to enhance visibility for the company among U.S. investors, as stated by CFO Patrick Huvane. OTC Markets Group facilitates trading for over 12,000 securities, providing crucial infrastructure for market efficiency.
- Teton Advisors upgraded to OTCQX from the Pink market, indicating improved financial standing.
- Increased visibility for Teton Advisors is anticipated, benefiting shareholder value.
- OTCQX Market standards promote transparency and compliance, enhancing investor confidence.
- None.
NEW YORK, Oct. 12, 2022 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for 12,000 U.S. and international securities, today announced Teton Advisors, Inc. (OTCQX: TETAA), a specialist in smaller company investing, has qualified to trade on the OTCQX® Best Market. Teton Advisors Inc. upgraded to OTCQX from the Pink® market.
Teton Advisors Inc. begins trading today on OTCQX under the symbol “TETAA.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
The OTCQX Market provides investors with a premium U.S. public market to research and trade the shares of investor-focused companies. Graduating to the OTCQX Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors. 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 to begin trading on the OTCQX Market which we expect will provide greater visibility for the Company as part of our ongoing efforts to provide value for our shareholders,” said Patrick Huvane, Chief Financial Officer of Teton Advisors, Inc.
KBW acted as the company’s OTCQX sponsor.
About Teton Advisors Inc.
Teton Advisors, Inc. is a specialist in smaller company investing, serving a diverse client base of institutional, high net worth and mutual fund investors under brands including Teton Westwood, Gabelli and Keeley. The company was founded on a commitment to uncover value by focusing on companies that are misunderstood or ignored by the market utilizing methodologies developed by investment pioneers Mario Gabelli and John L. Keeley, Jr. As active, fundamental investors, the Teton portfolio teams think independently and focus on identifying short-term market inefficiencies to generate long-term alpha. Teton's investment professionals share in the belief that being different is the cornerstone to discovering hidden value in equities. The Teton time tested investment approaches can help set apart your client portfolios, delivering differentiated attributes to round out a broader portfolio. From modest beginnings over 40 years ago, to today, The Disciplined Discovery of Value(TM) shapes the cornerstone for our clients' long-term success.
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
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