OTC Markets Group Welcomes Oceana Group Ltd. to OTCQX
OTC Markets Group Inc. (OTCQX: OTCM) has announced that Oceana Group , an international fish and food company, has qualified to trade on the OTCQX® Best Market.
Rhea-AI Summary
OTC Markets Group Inc. (OTCQX: OTCM) has announced that Oceana Group , an international fish and food company, has qualified to trade on the OTCQX® Best Market. Oceana Group has upgraded from the Pink® market and begins trading on OTCQX under the symbol 'OCGPF'. This upgrade is significant for companies aiming to provide transparent trading for U.S. investors.
For companies listed on qualified international exchanges, streamlined market standards allow them to use their home market reporting to make 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.
Positive
- Oceana Group upgraded from Pink® market to OTCQX® Best Market
- Trading begins under the new symbol 'OCGPF' on OTCQX
- Increased transparency and accessibility for U.S. investors
Negative
- None.
Details
News Market Reaction – OTCM
The recorded move for OTCM in the trading session of this news was -1.34%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
NEW YORK, Oct. 01, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Oceana Group Ltd. (JSE: OCE; NSX: OCG; OTCQX: OCGPF), an international fish and food company, has qualified to trade on the OTCQX® Best Market. Oceana Group Ltd. upgraded to OTCQX from the Pink® market.
Oceana Group Ltd. begins trading today on OTCQX under the symbol “OCGPF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
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 Oceana Group Ltd.
The Oceana Group is an international fish and food company with a strong, experienced management team, and diversified businesses that operates across the full value-chain which includes catching or procuring, processing, distributing, and selling.
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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