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OTC Markets Group Welcomes Exail Technologies, a European defense company, to OTCQX

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OTC Markets Group (OTCQX: OTCM) has announced that Exail Technologies (Euronext: EXA; OTCQX: EXALF), a leading maritime drone and navigation systems company, has qualified to trade on the OTCQX® Best Market. The company has upgraded from the Pink® market, becoming the first European defense sector company to join OTCQX. Trading begins under the symbol "EXALF" on May 27, 2025.

Exail Technologies will maintain its primary listing on Euronext Paris while expanding its presence in the U.S. market through OTCQX. This dual-trading arrangement aims to enhance the company's global visibility and accessibility for international investors. The OTCQX qualification required meeting high financial standards, following best practice corporate governance, and demonstrating securities law compliance.

OTC Markets Group (OTCQX: OTCM) ha annunciato che Exail Technologies (Euronext: EXA; OTCQX: EXALF), azienda leader nei droni marittimi e nei sistemi di navigazione, ha ottenuto la qualifica per essere quotata sul OTCQX® Best Market. La società è passata dal mercato Pink®, diventando la prima azienda europea del settore difesa ad entrare in OTCQX. Le negoziazioni inizieranno con il simbolo "EXALF" il 27 maggio 2025.

Exail Technologies manterrà la sua quotazione principale su Euronext Paris, ampliando al contempo la sua presenza nel mercato statunitense tramite OTCQX. Questa doppia quotazione mira a potenziare la visibilità globale dell’azienda e a facilitare l’accesso agli investitori internazionali. La qualifica OTCQX ha richiesto il rispetto di elevati standard finanziari, l’adozione di best practice di governance aziendale e la dimostrazione di conformità alle normative sui titoli.

OTC Markets Group (OTCQX: OTCM) ha anunciado que Exail Technologies (Euronext: EXA; OTCQX: EXALF), una empresa líder en drones marítimos y sistemas de navegación, ha calificado para cotizar en el OTCQX® Best Market. La compañía ha ascendido desde el mercado Pink®, convirtiéndose en la primera empresa europea del sector defensa en unirse a OTCQX. Las operaciones comenzarán bajo el símbolo "EXALF" el 27 de mayo de 2025.

Exail Technologies mantendrá su cotización principal en Euronext París mientras expande su presencia en el mercado estadounidense a través de OTCQX. Este arreglo de doble cotización busca aumentar la visibilidad global de la empresa y facilitar el acceso a inversionistas internacionales. La calificación OTCQX requirió cumplir con altos estándares financieros, seguir las mejores prácticas de gobierno corporativo y demostrar cumplimiento de las leyes de valores.

OTC Markets Group (OTCQX: OTCM)는 해양 드론 및 항법 시스템 분야의 선도 기업인 Exail Technologies (Euronext: EXA; OTCQX: EXALF)가 OTCQX® Best Market 거래 자격을 획득했다고 발표했습니다. 이 회사는 Pink® 시장에서 OTCQX로 상향 조정되어 유럽 방위 산업 최초로 OTCQX에 합류하는 기업이 되었습니다. 거래는 2025년 5월 27일부터 "EXALF" 심볼로 시작됩니다.

Exail Technologies는 Euronext Paris에서 주된 상장을 유지하면서 OTCQX를 통해 미국 시장에서의 입지를 확장할 예정입니다. 이중 거래 방식은 회사의 글로벌 가시성과 국제 투자자 접근성을 높이는 것을 목표로 합니다. OTCQX 자격 취득을 위해서는 높은 재무 기준 충족, 우수한 기업 지배구조 실천, 증권법 준수가 요구되었습니다.

OTC Markets Group (OTCQX : OTCM) a annoncé que Exail Technologies (Euronext : EXA ; OTCQX : EXALF), une entreprise leader dans les drones maritimes et les systèmes de navigation, a obtenu la qualification pour être cotée sur le OTCQX® Best Market. La société est passée du marché Pink®, devenant ainsi la première entreprise européenne du secteur de la défense à rejoindre OTCQX. Les échanges débuteront sous le symbole "EXALF" le 27 mai 2025.

Exail Technologies conservera sa cotation principale sur Euronext Paris tout en étendant sa présence sur le marché américain via OTCQX. Cette double cotation vise à renforcer la visibilité mondiale de l’entreprise et à faciliter l’accès des investisseurs internationaux. La qualification OTCQX a nécessité le respect de normes financières élevées, l’adoption des meilleures pratiques de gouvernance d’entreprise et la démonstration de conformité aux lois sur les valeurs mobilières.

OTC Markets Group (OTCQX: OTCM) hat bekannt gegeben, dass Exail Technologies (Euronext: EXA; OTCQX: EXALF), ein führendes Unternehmen für maritime Drohnen- und Navigationssysteme, sich für den Handel am OTCQX® Best Market qualifiziert hat. Das Unternehmen ist vom Pink® Market aufgestiegen und wurde damit das erste europäische Verteidigungsunternehmen, das dem OTCQX beitritt. Der Handel beginnt am 27. Mai 2025 unter dem Symbol "EXALF".

Exail Technologies wird seine Hauptnotierung an der Euronext Paris beibehalten und gleichzeitig seine Präsenz auf dem US-Markt durch OTCQX ausbauen. Diese doppelte Handelsstruktur soll die globale Sichtbarkeit des Unternehmens erhöhen und internationalen Investoren besseren Zugang ermöglichen. Die Qualifikation für OTCQX erforderte die Erfüllung hoher finanzieller Standards, die Einhaltung bewährter Corporate-Governance-Praktiken und die Nachweisführung der Einhaltung von Wertpapiergesetzen.

Positive
  • First European defense sector company to join OTCQX Market
  • Increased global visibility and accessibility for international investors
  • Dual-trading arrangement maintains Euronext listing while expanding U.S. presence
  • Demonstrates compliance with high financial standards and corporate governance
Negative
  • None.

NEW YORK, May 27, 2025 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Exail Technologies (Euronext Paris: EXA; OTCQX: EXALF), a world-leading player in the fields of maritime drone systems and navigation systems, has qualified to trade on the OTCQX® Best Market. Exail Technologies upgraded to OTCQX from the Pink® market and is the first European company active in the defense sector to join the OTCQX Market.

Exail Technologies begins trading today on OTCQX under the symbol “EXALF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

The company continues to be traded simultaneously on its home market, Euronext, as well as on the U.S. market, strengthening its global visibility and enhancing accessibility for international investors.

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.

About Exail Technologies
Exail Technologies is a high-tech company specialized in advanced technologies in the fields of autonomous robotics and navigation, with a deep vertical integration. The group offers complex systems of drones navigation systems especially in the maritime field.

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, OTC Link NQB, and MOON ATSTM 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


FAQ

What is the new OTCQX trading symbol for Exail Technologies?

Exail Technologies will trade on the OTCQX under the symbol 'EXALF' starting May 27, 2025.

Why did Exail Technologies upgrade from Pink to OTCQX Market?

The upgrade aims to provide transparent trading for U.S. investors, enhance global visibility, and improve accessibility for international investors while maintaining high financial and governance standards.

Will Exail Technologies continue trading on Euronext Paris?

Yes, Exail Technologies will maintain its primary listing on Euronext Paris (EXA) while simultaneously trading on OTCQX in the U.S.

What makes Exail Technologies' OTCQX listing historically significant?

Exail Technologies is the first European company active in the defense sector to join the OTCQX Market.

What requirements did Exail Technologies meet to qualify for OTCQX?

The company met high financial standards, followed best practice corporate governance, and demonstrated compliance with applicable securities laws.
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