PesoRama Inc. Begins Trading on OTCQX Best Market
Rhea-AI Summary
PesoRama (TSXV: PESO, OTCQX: PSSOF), a Canadian company operating JOi Dollar Plus value dollar stores in Mexico, has qualified to trade on the OTCQX Best Market, upgrading from the Pink Limited Market. Shares begin trading on OTCQX under the symbol PSSOF, with U.S. investors gaining access to current financial disclosure and real-time Level 2 quotes via otcmarkets.com.
PesoRama operates 43 corporately owned stores across Mexico City and five surrounding states (with plans to reach 46), offering more than 20 merchandise categories for cost-conscious consumers. According to PesoRama, the OTCQX listing supports efforts to broaden its U.S. shareholder base while it continues store expansion and brand development.
Positive
- Upgraded from Pink Limited to OTCQX Best Market, improving U.S. trading venue
- Begins OTCQX trading under symbol PSSOF, with U.S. access to real-time Level 2 quotes
- 43 JOi Dollar Plus stores operating in Mexico, with a plan to reach 46
- Targets high-density, high-traffic Mexican locations with 20+ merchandise categories
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Toronto, Ontario--(Newsfile Corp. - August 26, 2026) - PesoRama Inc. (TSXV: PESO) (OTCQX: PSSOF), a Canadian company operating dollar stores in Mexico under the JOi Dollar Plus brand, is pleased to announce that it has qualified to trade on the OTCQX® Best Market. PesoRama Inc. upgraded to OTCQX from the Pink Limited™ Market.
PesoRama Inc. begins trading today on OTCQX under the symbol "PSSOF." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
PesoRama operates JOi Dollar Plus, a chain of corporately operated dollar stores that gives Mexican shoppers in dense urban neighborhoods the same convenience, quality and consistency as dollar stores familiar to shoppers in Canada and the United States. Since opening its first store in Mexico City in 2019, the Company has expanded to 43 stores across Mexico City and five surrounding states filling the gap between local bodegas and big-box retailers with more than 20 categories of everyday merchandise, from household goods and health and beauty items to seasonal and party products, priced for the cost-conscious Mexican consumer.
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.
"Trading on the OTCQX Best Market is an important step for PesoRama as we broaden our U.S. shareholder base. Our stores are fulfilling real demand from cost-conscious Mexican consumers in an underserved market, and this upgrade gives investors in the United States easier access to that. We remain focused on expanding our footprint, deepening brand loyalty, and delivering long-term value for our shareholders," said Rahim Bhaloo, Founder, CEO & Chairman of PesoRama Inc.
Trading in non-U.S. North American securities on OTC Markets reached
About PesoRama Inc.
PesoRama, operating under the JOi Dollar Plus brand, is a Mexican value dollar store retailer. PesoRama launched operations in 2019 in Mexico City and the surrounding areas targeting high density, high traffic locations. PesoRama's 43 stores (soon to be 46) offer consistent merchandise offerings which include items in the following categories: household goods, pet supplies, seasonal products, party supplies, health and beauty, snack food items, confectionery and more. For more information visit: http://pesorama.ca.
For further information please contact:
Rahim Bhaloo
Founder, CEO & Chairman
rahim@rahimbhaloo.com
416-816-3291
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 public markets: OTCQX® Best Market, OTCQB® Venture Market, OTCID™ Basic Market and Pink Limited™ 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.
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Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/311453