OTC Markets Group Welcomes ThreeD Capital Inc. to OTCQX

Rhea-AI Summary

OTC Markets Group Inc. announced that ThreeD Capital Inc. has successfully upgraded from the OTCQB to the OTCQX Best Market, effective June 21, 2021. This transition marks a significant milestone for ThreeD, enhancing its visibility among U.S. investors and possibly increasing participation in its growth. ThreeD, a Canadian venture capital firm focused on early-stage investments in junior resources and disruptive technologies, aims to leverage this upgrade to showcase its portfolio and early phase returns from strategic investments.

Positive

• ThreeD Capital upgraded to OTCQX from OTCQB, increasing visibility among U.S. investors.
• The upgrade is seen as a milestone that may enhance investment participation and growth opportunities.
• ThreeD has built a promising portfolio in early-stage investments and is experiencing early returns.

Negative

• None.

NEW YORK, June 21, 2021 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 11,000 U.S. and global securities, today announced ThreeD Capital Inc. ("ThreeD" or the "Company") (CSE: IDK; OTCQX: IDKFF), a Canadian based venture capital firm, has qualified to trade on the OTCQX® Best Market. ThreeD Capital Inc. upgraded to OTCQX from the OTCQB® Venture Market.

ThreeD Capital Inc. begins trading today on OTCQX under the symbol "IDKFF."  U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

The OTCQX Market is designed for established, investor-focused U.S. and international companies. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. Graduating to the OTCQX Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors.

Sheldon Inwentash, Chairman and CEO of ThreeD Capital Inc. stated, "We are very proud to upgrade to the OTCQX Market. This upgrade marks an important milestone in the Company's history as it is anticipated that this will increase the Company's exposure within the United Sates and allow more investors to participate in the growth of our Company. In a short period of time, we have built a portfolio with early–stage investments in highly prospective companies. We are now beginning to see the early phase returns on many of these strategic investments and are excited about increasing our ability to allow American investors the opportunity to participate in ThreeD's accelerating growth in 2021 and beyond."

About ThreeD Capital Inc.
ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors.  ThreeD's investment strategy is to invest in multiple private and public companies across a variety of sectors globally. ThreeD seeks to invest in early stage, promising companies where it may be the lead investor and can additionally provide investees with advisory services and access to the Company's ecosystem.

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.

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

 

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SOURCE OTC Markets Group Inc.

FAQ

What does the upgrade to OTCQX mean for ThreeD Capital Inc. (IDKFF)?

The upgrade to OTCQX means increased visibility and potential investment from U.S. investors, reflecting the company's compliance with high financial standards.

When did ThreeD Capital Inc. start trading on the OTCQX Best Market?

ThreeD Capital Inc. began trading on the OTCQX on June 21, 2021.

What are the benefits of trading on the OTCQX for companies like ThreeD Capital Inc.?

Trading on OTCQX allows companies to enhance their visibility, attract more investors, and showcase compliance with stringent financial and governance standards.

Who operates the OTCQX Market?

The OTCQX Market is operated by OTC Markets Group Inc.