OTC Markets Group Welcomes LQWD TECHNOLOGIES CORP. to OTCQX
Rhea-AI Summary
OTC Markets Group announced that LQWD TECHNOLOGIES CORP., a Lightning Network focused company, has qualified to trade on the OTCQX® Best Market, upgrading from the OTCQB® Venture Market. The company begins trading under the symbol 'LQWDF' on January 21, 2025.
The OTCQX Market is designed for established, investor-focused companies that meet high financial standards, follow best practice corporate governance, and demonstrate compliance with securities laws. This upgrade marks an important milestone for LQWD Technologies, potentially enhancing their visibility among U.S. investors and providing expanded access to U.S. capital markets.
Positive
- Upgrade from OTCQB to OTCQX market tier indicates meeting higher financial and governance standards
- Enhanced visibility and access to U.S. capital markets
- Potential for broader investor base exposure
Negative
- None.
NEW YORK, Jan. 21, 2025 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced LQWD TECHNOLOGIES CORP. (TSX-V: LQWD; OTCQX: LQWDF), a Lightning Network focused company, has qualified to trade on the OTCQX® Best Market. LQWD TECHNOLOGIES CORP. upgraded to OTCQX from the OTCQB® Venture Market.
LQWD TECHNOLOGIES CORP. begins trading today on OTCQX under the symbol “LQWDF.” 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.
Shone Anstey, Chief Executive Officer of LQWD Technologies, stated, "As a leading Bitcoin-backed company driving innovation in the Lightning Network space, LQWD is making significant strides in our growth and impact. Upgrading from OTCQB to OTCQX is a strategic move that will greatly enhance our visibility, attract a broader investor base, and provide expanded access to U.S. capital markets."
About LQWD TECHNOLOGIES CORP.
LQWD Technologies Corp. is a Lightning Network focused company developing payment infrastructure and solutions. The Company's mission is to develop institutional grade services that support the Lightning Network and drive improved functionality, transaction capability, user adoption and utility and scaling Bitcoin.
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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