Welcome to our dedicated page for OTC Markets Group news (Ticker: OTCM), a resource for investors and traders seeking the latest updates and insights on OTC Markets Group stock.
OTC Markets Group Inc. (OTCM) regularly publishes news as the operator of regulated markets for trading U.S. and international securities. Its announcements highlight developments across its market tiers, including the OTCQX Best Market, OTCQB Venture Market, OTCID Basic Market, and Pink Limited Market, and provide insight into how issuers use these platforms to access U.S. investors.
News from OTC Markets Group often focuses on companies that have qualified to trade on the OTCQX Best Market or upgraded from the OTCQB Venture Market. These items describe how issuers meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws in order to join OTCQX. Such updates can be useful for tracking which domestic and international companies are enhancing their visibility and trading access in the U.S. through OTC Markets Group’s venues.
Another recurring theme in OTC Markets Group news is cross-border capital markets activity. Announcements describe how companies listed on qualified international exchanges use OTCQX to provide transparent trading for U.S. investors while maintaining their primary listing in their home market. OTC Markets Group also issues releases about recognition programs such as the OTCQX Best 50, which it describes as an informational ranking of top-performing OTCQX companies based on liquidity, investor engagement, and performance.
Investors and market participants can use the OTCM news stream to follow new OTCQX entrants, upgrades from other OTC tiers, and broader commentary from the company on the role of its markets and trading systems in connecting issuers and U.S. investors.
OTC Markets Group Inc. (OTCM) has announced that Mednow Inc. (TSX-V: MNOW; OTCQX: MDNWF) is now trading on the OTCQX Best Market, having upgraded from the OTCQB Venture Market. This transition allows Mednow to better showcase its qualifications to U.S. investors. Mednow specializes in a web and mobile application for prescription medication distribution and virtual care services, including doctor home visits for patients unable to leave their homes.
OTC Markets Group Inc. (OTCM) announced that Clearday, Inc. (CLRD), a non-acute longevity health care services firm, has successfully upgraded to trade on the OTCQX Best Market from the OTCQB Venture Market. This upgrade highlights Clearday's compliance with high financial standards and corporate governance, enhancing its visibility among U.S. investors. Clearday's CEO, Jim Walesa, emphasized the significance of this achievement, asserting it positions the company to improve revenues and customer experience through innovative care solutions.
OTC Markets Group Inc. (OTCM) announced that Tornado Global Hydrovacs Ltd. (TGHLF) has successfully upgraded to trade on the OTCQX® Best Market from the Pink® market. This upgrade enhances trading transparency for U.S. investors, allowing them to invest in Tornado without needing a Canadian trading account. Tornado, a leader in hydrovac equipment manufacturing, has sold over 1,000 units since 2005 and aims to increase shareholder value with this transition.
Farmers & Merchants Bank of Long Beach (OTCQX: FMBL) has transitioned to the OTCQX Best Market, previously trading on the OTCQB Venture Market. This upgrade allows the bank to enhance shareholder access to information and transparent trading. To qualify for OTCQX, the bank met high financial standards and corporate governance practices. The bank offers a wide range of banking services from 25 branches across California and online platforms. OTC Markets Group Inc. (OTCM) operates this regulated market for over 12,000 securities.
OTC Markets Group Inc. (OTCQX: OTCM) will release its financial results for Q1 ended March 31, 2022, on May 11, 2022, after market close. A conference call to discuss these results will be held on May 12, 2022, at 8:30 a.m. ET. The call can be accessed via dial-in numbers and a webcast link provided. Participants can listen to a replay of the call until May 26, 2022. The company operates regulated markets for trading around 12,000 U.S. and international securities.
OTC Markets Group Inc. (OTCQX: OTCM) announced that Osprey Polkadot Trust (OTCQX: ODOT) has qualified for trading on the OTCQX® Best Market, starting today. Osprey Polkadot Trust is a Delaware Grantor Trust that primarily invests in DOT, the native token of the Polkadot Network. Trading on OTCQX offers companies a streamlined and cost-effective approach to U.S. capital markets, meeting high financial and governance standards. CEO Greg King emphasized that ODOT provides wider access for investors to this innovative cryptocurrency.
OTC Markets Group (OTCM) has completed its acquisition of assets from Blue Sky Data Corp for approximately $12 million in cash. This strategic move aims to enhance OTC Markets' existing Blue Sky data offerings, providing comprehensive compliance data for broker-dealers, public companies, and regulators. The acquisition includes customer contracts and intellectual property, which will improve compliance understanding and efficiency in secondary trading. OTC Markets' leadership emphasizes their commitment to transparency and data-driven market solutions.
OTC Markets Group Inc. (OTCM) has announced that Next Hydrogen Solutions Inc. (OTC: NXHSF) has qualified to trade on the OTCQX Best Market, upgrading from the OTCQB Venture Market. This upgrade signifies an important milestone for Next Hydrogen, enhancing visibility and accessibility for U.S. investors. Next Hydrogen specializes in manufacturing electrolyzers for clean hydrogen production, aimed at reducing carbon emissions in transportation and industrial sectors. The company looks forward to leveraging the OTCQX platform to further its growth and market presence.
On April 29, 2022, OTC Markets Group Inc. announced that Sekur Private Data Ltd. has successfully graduated to the OTCQX Best Market from the OTCQB Venture Market. This transition allows Sekur to trade under the symbol 'SWISF', enhancing its visibility to U.S. investors. The OTCQX Market is tailored for established companies that meet rigorous financial and governance standards. Sekur specializes in cybersecurity and Internet privacy, offering Swiss-hosted secure communication and data management solutions, and operates independently of major tech platforms.
OTC Markets Group Inc. (OTCM) has announced that MiniLuxe Holding Corp. (MNLXF) has qualified to trade on the OTCQX® Best Market, effective April 28, 2022. MiniLuxe, a socially-responsible lifestyle brand in the nail and waxing industry, aims to expand its investor reach in the U.S. through this partnership. The OTCQX Market offers efficient access to U.S. capital markets, adhering to high financial standards and corporate governance. MiniLuxe intends to leverage its digital platform and diverse workforce to set industry standards for health and fair labor practices.
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