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OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Their data-driven disclosure standards form the foundation of their three public markets: OTCQX® Best Market, OTCQB® Venture Market and Pink® Open Market. Through their OTC Link® Alternative Trading Systems (ATSs), the company provides critical market infrastructure relied upon by broker-dealers to facilitate trading. This innovative model offers companies more efficient access to the U.S. financial markets.
OTC Markets Group is committed to enhancing market transparency, boosting investor confidence, and improving the efficiency of trading processes. Their recent financial results for Q1 2024 reflect a strong focus on enhancing trading functionality, investor information, and market integrity. The company continues to invest in its people, platforms, and processes to build a more resilient and scalable organization, aligning operating costs with revenue generation to deliver value to shareholders.
Recent achievements include the successful sponsorship of companies like Horizon Copper and Roth CH Acquisition Co., which have commenced trading on the OTCQX Market. These companies benefit from streamlined market standards that allow them to utilize their home market reporting to make their information available to U.S. investors. OTC Markets Group also supports companies, such as Marpai, Inc. and American Oncology Network, Inc., transitioning from Nasdaq to OTCQX, ensuring continued visibility and compliance with high financial standards.
With a focus on creating better informed and more efficient markets, OTC Markets Group continues to evolve and expand its services, building on a foundation of transparency and regulatory compliance. For more information, visit www.otcmarkets.com.
OTC Markets Group announced that Sovereign Metals (ASX: SVM; AIM: SVML; OTCQX: SVMLF) has qualified to trade on the OTCQX Best Market.
Sovereign Metals upgraded from the Pink market and begins trading under the symbol “SVMLF.”
This upgrade facilitates transparent trading for U.S. investors, providing access to the company's financial disclosures and Real-Time Level 2 quotes on otcmarkets.com.
To qualify for OTCQX, companies must meet high financial standards, follow best practices in corporate governance, and comply with applicable securities laws.
Managing Director Frank Eagar expressed enthusiasm about enhancing U.S. investor engagement as Sovereign Metals positions itself as a future supplier of critical minerals.
OTC Markets Group has announced the upgrade of Golden Metal Resources PLC (LON: GMET; OTCQX: GMTLF) to the OTCQX Best Market, effective June 28, 2024.
This upgrade from the OTCQB Venture Market highlights Golden Metal's adherence to high financial standards and robust corporate governance.
Trading under the symbol 'GMTLF', Golden Metal Resources PLC aims to leverage this milestone to enhance its visibility among U.S. investors and fortify its market presence.
CEO Oliver Friesen expressed enthusiasm, attributing the upgrade to the company's positive momentum in the U.S. markets and acknowledging the efforts of the Golden Metal team and OTC Markets Group.
OTC Markets Group has announced that Endo, a specialty pharmaceutical company, has qualified to trade on the OTCQX Best Market. Endo will trade under the symbol 'NDOI' starting today. This listing provides Endo with efficient and cost-effective access to U.S. capital markets, benefiting from streamlined market requirements. Companies trading on OTCQX must meet high financial standards and adhere to best practices in corporate governance. Endo's CEO, Blaise Coleman, noted that this milestone will facilitate easier trading for shareholders and aligns with their strategic priorities to develop and deliver life-enhancing therapies.
OTC Markets Group announced that TGS ASA, an energy data and intelligence provider, has upgraded from the Pink market to the OTCQX Best Market. This move allows U.S. investors to trade TGS ASA shares under the symbols 'TGSNF' and 'TGSGY'. This upgrade is significant for TGS ASA as it aims to enhance investor recognition and engagement in the U.S., offering transparent trading and meeting high financial and corporate governance standards.
CFO Sven Borre Larsen highlighted that this milestone will provide long-term value to shareholders by increasing transparency, accessibility, and trading volumes.
OTC Markets Group (OTCQX: OTCM) has announced that Aixia Group AB (Spotlight Stock Market: AIXIA B; OTCQX: AIXAF), an IT company, has qualified to trade on the OTCQX® Best Market. Aixia Group AB begins trading on OTCQX under the symbol 'AIXAF' starting today. This move offers U.S. investors access to the company's financial disclosures and Real-Time Level 2 quotes on www.otcmarkets.com.
The OTCQX Market provides cost-efficient access to U.S. capital markets and allows companies listed on qualified international exchanges to use their home market reporting in the U.S. Aixia Group AB's CEO, Mattias Bergkvist, highlighted the company's recent revenue and profitability growth as key drivers for the upgrade, emphasizing their commitment to improving business aspects.
B. Riley Securities, Inc. served as the company's OTCQX sponsor.
OTC Markets Group has announced that American Oncology Network, a network of community-based oncology practices, has qualified to trade on the OTCQX Best Market under the symbol 'AONC'.
Previously listed on NASDAQ, AON is now offering U.S. investors access to current financial disclosures and real-time quotes on www.otcmarkets.com.
Trading on OTCQX is presented as cost-effective and transparent, requiring high financial standards and good corporate governance. AON has demonstrated significant growth, including a 42% compound annual growth rate in revenue over five years, adding over 40 providers and four new practices this year. CEO Todd Schonherz emphasized the company's strong financial position and commitment to long-term value creation.
OTC Markets Group (OTCQX: OTCM) announced that Verde Agritech (TSX: NPK; OTCQX: VNPKF) has upgraded from the Pink market to the OTCQX Best Market. This move aims to provide transparent trading for U.S. investors and enhance Verde's visibility and accessibility. The upgrade signifies Verde's compliance with high financial standards and corporate governance. B. Riley Securities, Inc. sponsored the OTCQX listing. CEO Cristiano Veloso expects this milestone to build shareholder value and broaden the company's platform alongside its Toronto Stock Exchange listing.
OTC Markets Group has announced that Lotus Resources , an advanced uranium company focused on Africa, has upgraded to the OTCQX Best Market from the OTCQB Venture Market. Trading under the symbol LTSRF, Lotus Resources aims to increase its visibility and engagement with North American investors. The OTCQX Market is known for its rigorous financial standards, corporate governance, and compliance with securities laws. Lotus Managing Director Keith Bowes expressed optimism about increased trading volumes and broader investor engagement following this upgrade.
OTC Markets Group has announced that Verde Agritech (TSX: NPK; OTCQX: VNPKF) has qualified to trade on the OTCQX Best Market, upgrading from the Pink market. This shift, effective May 29, 2024, aims to enhance visibility and accessibility to U.S. investors. Verde Agritech, an agricultural technology company specializing in multi-nutrient potassium fertilizers, now benefits from streamlined market standards and the ability to leverage their home market reporting for U.S. information availability. B. Riley Securities, Inc. served as the OTCQX sponsor. Verde's CEO Cristiano Veloso expects this upgrade to build shareholder value alongside their Toronto Stock Exchange listing.
OTC Markets Group has announced that Marpai, an independent Third-Party Administration (TPA) company, has qualified to trade on the OTCQX Best Market under the symbol 'MRAI.' Previously trading on NASDAQ, Marpai's transition aims to provide U.S. investors with efficient and cost-effective access to capital markets. OTCQX requires companies to meet high financial standards, adhere to corporate governance best practices, and comply with securities laws. Damien Lamendola, Marpai's CEO, highlighted that this move will enhance transparency, increase institutional visibility, and significantly reduce public company expenses.
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