OTC Markets Group Welcomes Transphorm, Inc. to OTCQX
OTC Markets Group Inc. announced that Transphorm, Inc. (OTCQX: TGAN) has upgraded to the OTCQX® Best Market from OTCQB® Venture Market. This transition allows Transphorm to demonstrate its financial qualifications and gain visibility among investors. Trading under the symbol 'TGAN', Transphorm designs and manufactures high-performance gallium nitride (GaN) power conversion products. The company boasts a significant portfolio of over 1,000 patents and aims for high efficiency and reduced costs in power electronics.
- Upgraded to OTCQX Best Market, enhancing visibility among investors.
- Possesses a strong portfolio with over 1,000 patents in GaN technology.
- Provides high efficiency (over 99%) and lower system costs (20%) in power electronics.
- None.
NEW YORK, May 18, 2021 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 11,000 U.S. and global securities, today announced Transphorm, Inc. (OTCQX: TGAN), a design and manufacturer and global supplier of high reliability, high performance gallium nitride (GaN) power conversion products, has qualified to trade on the OTCQX® Best Market. Transphorm, Inc. upgraded to OTCQX from the OTCQB® Venture Market.
Transphorm, Inc. begins trading today on OTCQX under the symbol "TGAN." 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.
About Transphorm, Inc.
Transphorm, Inc., a global leader in the GaN revolution, designs and manufactures high performance and high reliability GaN semiconductors for high voltage power conversion applications. Having one of the largest Power GaN IP portfolios of more than 1,000 owned or licensed patents, Transphorm produces the industry's first JEDEC and AEC-Q101 qualified high voltage GaN semiconductor devices. The Company's vertically integrated device business model allows for innovation at every development stage: design, fabrication, device, and application support. Transphorm's innovations are moving power electronics beyond the limitations of silicon to achieve over
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
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