OTC Markets Group Stock Price, News & Analysis

OTC Markets Group (OTCQX: OTCM) reported significant growth in total dollar volume traded across its markets for 2024, reaching $478.7 billion, marking a $95 billion increase from 2023's $383 billion. The growth was particularly strong in international securities trading, which reached $415 billion, up $92 billion from the previous year.

Key year-over-year increases included:

• ADR trading: $348.3 billion (+$65.94 billion)
• Billion+ market cap securities: $386.33 billion (+$61.94 billion)
• Non-penny stocks: $439.89 billion (+$87.37 billion)
• SEC reporting securities: $78.61 billion (+$3.46 billion)

Trading activity showed notable momentum in Q4 2024 compared to Q3, reflecting the growing global nature of equity trading and the efficiency of U.S. capital markets.

OTC Markets Group announced that Simply Better Brands Corp. (TSX-V: SBBC; OTCQX: SBBCF) has qualified to upgrade from OTCQB Venture Market to trade on the OTCQX Best Market. The company, which operates in the protein-based nutrition category offering plant-based products, began trading under the symbol 'SBBCF' on January 23, 2025.

The OTCQX Market is designed for established companies meeting high financial standards, following best practice corporate governance, and demonstrating securities law compliance. This upgrade marks a significant milestone for Simply Better Brands, potentially increasing their visibility among U.S. investors. The company's CEO highlighted this move as an opportunity to reach a broader investor base while maintaining their focus on innovative plant-based protein products.

OTC Markets Group (OTCQX: OTCM) released its Q4 2024 index performance report and quarterly rebalancing update. The OTCQX Composite Index declined 9.8%, with 32 new companies added and 31 removed. Notable migrations included three companies moving to major exchanges: Aduro Clean Technologies to NASDAQ, Mackenzie Realty Capital to NASDAQ, and Exodus Movement to NYSE MKT.

Most indexes showed negative performance in Q4 2024: the Billion+ Index (-10.0%), Dividend Index (-9.6%), International Index (-10%), and Canada Index (-12.3%). The Cannabis Index experienced the steepest decline at -42.3%. However, the Banks Index and U.S. Index showed positive returns of 11.4% and 9.8% respectively.

The OTCQB Venture Index fell 11.2%, with 106 additions and 99 removals, including five companies upgrading to NASDAQ.

OTC Markets Group (OTCQX: OTCM) announced that Sol Strategies Inc. (OTCQX: CYFRF), a company focused on Solana blockchain ecosystem investments and infrastructure, has qualified to upgrade from the Pink® market to the OTCQX® Best Market. The company begins trading under the symbol 'CYFRF' on January 21, 2025.

The OTCQX upgrade represents a significant milestone for companies aiming to provide transparent trading for U.S. investors. Companies listed on qualified international exchanges can utilize their home market reporting standards while meeting OTCQX's high financial standards, corporate governance practices, and securities law compliance requirements.

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.

OTC Markets Group has announced its 2025 OTCQX Best 50 ranking, featuring top-performing companies traded on the OTCQX Best Market. The ranking is based on total return and average daily dollar volume growth during 2024. The selected companies achieved a median total return of 74% and traded a combined volume of $5.85 billion.

The list includes companies with a median market cap over $173 million, with 7 companies exceeding $1 billion. BTQ Technologies Corp. topped the ranking. Canadian and U.S. companies dominated with 27 and 11 entries respectively. Notable sectors include 8 banks and 6 digital asset companies. Companies were selected based on criteria including minimum share price requirements, trading volume, and compliance with OTCQX market standards.

OTC Markets Group announced that Community Investors Bancorp, the parent holding company of First Federal Community Bank of Bucyrus, has qualified to trade on the OTCQX® Best Market. The company upgraded from the Pink® market and began trading under the symbol 'CIBN' on January 6, 2025.

The upgrade to OTCQX represents a significant step for companies aiming to provide transparent trading for U.S. investors. To qualify, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with securities laws. Janney Montgomery Scott served as the company's OTCQX corporate broker.

American Lithium Corp (TSX-V: LI; OTCQX: AMLIF) has qualified to trade on the OTCQX® Best Market, as announced by OTC Markets Group (OTCQX: OTCM). The lithium-focused mining company, previously traded on NASDAQ, begins trading on OTCQX under the symbol 'AMLIF'. The OTCQX Market provides companies with cost-effective access to U.S. capital markets, allowing them to use home market reporting if listed on a qualified international exchange. Companies must meet high financial standards, follow best practice corporate governance, and comply with securities laws to qualify.

OTC Markets Group announced that Acuren , a leading North American provider of critical asset integrity services, has qualified to trade on the OTCQX Best Market under the symbol 'TICA'. The company begins trading on December 30, 2024. The OTCQX Market provides companies with efficient, cost-effective access to U.S. capital markets, requiring high financial standards, best practice corporate governance, and securities law compliance.

CEO Talman Pizzey highlighted this as a strategic move to increase share accessibility to a broader investor base, emphasizing the company's strong year-to-date results and robust balance sheet as they continue building their testing, inspection, certification and compliance organization.