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.
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.
OTC Markets Group Inc. (OTCM) announced its first quarter 2022 performance, revealing a 4.5% decline in the OTCQX Composite Index. The quarterly rebalancing saw 46 companies join the index and 40 removed. Notable exits include Obsidian Energy Ltd and T Stamp Inc., which moved to larger exchanges. The OTCQX Billion+ Index dropped 4.7%, with four new entrants. The OTCQX Dividend Index, reflecting dividend-paying companies, also fell by 4.6%. Despite the downturn, the OTCQX Banks Index showed a slight increase of 2.9%. The overall market experienced substantial fluctuations.
DATA Communications Management Corp. (OTCQX: DCMDF) has been upgraded to the OTCQX Best Market from the Pink market, enabling them to trade in the U.S. more transparently. This upgrade enhances visibility and liquidity for shareholders and complies with high financial standards and corporate governance practices. Richard Kellam, CEO, expressed confidence that this will positively impact their U.S. market presence. The company serves major brands across various sectors, offering marketing and business communications solutions.
OTC Markets Group Inc. (OTCQX: OTCM) announced that Thesis Gold Inc. (TSX-V: TAU; OTCQX: THSGF), a mineral exploration company, has successfully upgraded to the OTCQX® Best Market from the Pink® market. This transition, effective today, allows Thesis Gold to enhance its visibility and accessibility to U.S. investors and is expected to improve trading liquidity. The OTCQX Market facilitates transparent trading based on high financial standards and corporate governance, ensuring compliance with U.S. securities laws.
Media and Games Invest SE has upgraded to trade on the OTCQX Best Market from the Pink market. The company, an advertising software platform, aims to enhance access for U.S. investors, allowing trades in U.S. dollars during U.S. hours. Paul Echt, CFO, noted the increasing interest from U.S. investors. MGI has shown impressive growth, with a revenue CAGR of 77% from 2018 to 2021, alongside successful acquisitions of over 35 companies in six years. This upgrade facilitates more transparent trading and aligns with the company's commitment to high financial standards.
Media and Games Invest SE has announced its qualification to trade on the OTCQX Best Market under the symbol MDGIF, enhancing access for US investors. This development allows US investors to trade MGI shares in US dollars during US market hours, improving transparency and tapping into US investor demand. The company is already listed on two European exchanges and meets high financial and governance standards required by OTC Markets Group. This step is part of MGI's strategy to offer easier share access and foster investment growth.
World Copper Ltd. has officially upgraded to the OTCQX Best Market from the OTCQB Venture Market, as announced on April 19, 2022. The company, focused on copper porphyry projects in Chile and Arizona, will trade under the symbol “WCUFF.” This transition aims to enhance visibility among U.S. investors and showcases the company's compliance with high financial standards and corporate governance. World Copper believes this upgrade will support its goal of becoming a significant player in the copper sector, as highlighted by President & CEO Nolan Peterson.
OTC Markets Group Inc. (OTCM) announced that Sprott Physical Uranium Trust (OTCQX: SRUUF) has graduated to the OTCQX Best Market from the OTCQB Venture Market. This upgrade allows Sprott to showcase its compliance with high financial standards and improve visibility among U.S. investors. Starting today, SRUUF will trade on OTCQX, providing a secure investment option for uranium holdings. Nauth LPC served as the OTCQX sponsor.
On April 13, 2022, OTC Markets Group Inc. (OTCM) announced that Azimut Exploration Inc. has qualified to trade on the OTCQX Best Market, upgrading from the Pink market. Azimut will now trade under the ticker ‘AZMTF’ and aims to provide transparent trading for U.S. investors. To qualify for OTCQX, companies must meet high financial standards and comply with securities laws. Azimut specializes in mineral exploration, particularly gold, copper, and nickel, and is advancing its Elmer Gold Project in Quebec, which has significant growth potential.
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