ZTEST Electronics Inc. Announces Transition to the OTCID Market
Rhea-AI Summary
ZTEST Electronics (OTCID:ZTSTF) announced its transition from the OTC Pink Sheets to the newly established OTCID market on the OTC Markets Group platform, effective July 1, 2025. The company will maintain its trading symbol ZTSTF.
The OTCID market imposes enhanced reporting requirements, including management certifications and company profile updates, aimed at providing greater transparency for investors. This transition is expected to attract a wider range of institutional and private investors who typically require more stringent reporting standards. Trading will continue uninterrupted, with no action required from shareholders.
Positive
- Transition to OTCID market with enhanced reporting standards and transparency
- Potential to attract broader institutional and private investor base
- Seamless trading transition with no interruption for shareholders
Negative
- Moving from OTC Pink Sheets indicates delisting from a higher tier market
- Additional compliance and reporting requirements may increase administrative costs
News Market Reaction
On the day this news was published, ZTSTF gained 3.95%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
NORTH YORK, ON / ACCESS Newswire / July 1, 2025 / ZTEST Electronics Inc. ("ZTEST" or the "Company") (CSE:ZTE)(OTCID:ZTSTF) is pleased to announce that it will be moving from the OTC Pink Sheets to the newly established OTCID market on the OTC Markets Group platform effective July 1, 2025. The Company will continue to trade under the symbol ZTSTF.
The OTCID market requires enhanced reporting obligations, management certifications and company profile updates that give greater accountability and transparency for investors. The transition opens the door to a broader class of institutional and private investors who characteristically require rigorous reporting standards.
The stock will continue to trade without interruption, and no action is required from shareholders during this change.
About ZTEST Electronics Inc.
ZTEST Electronics Inc., through its wholly owned subsidiary Permatech Electronics Corporation ("Permatech"), offers Electronic Manufacturing Services (EMS) to a wide range of customers. Permatech's offering includes Printed Circuit Board (PCB) Assembly, Materials Management and Testing services. Permatech operates from an ISO 9001:2015 certified facility in North York, Ontario, Canada. Permatech is a contract assembler of complex circuit boards, serving customers in the Medical, Power, Computer, Telecommunications, Wireless, Industrial, Trucking, Wearables and Consumer Electronics markets. It specializes in servicing customers who are looking for high yield and require high quality and rapid-turnaround on low and mid-volume production of high complexity products.
For more information contact: Steve Smith, CEO (604) 837-3751 email: steves@ztest.com
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
FORWARD-LOOKING STATEMENTS: This press release contains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward-looking statements are neither promises nor guarantees and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR+ in Canada (available at www.sedarplus.com).
SOURCE: ZTEST Electronics Inc.
View the original press release on ACCESS Newswire
FAQ
When will ZTEST Electronics (ZTSTF) transition to the OTCID market?
Will ZTEST Electronics (ZTSTF) stock symbol change after moving to OTCID?
What are the new requirements for ZTEST Electronics on the OTCID market?
Do ZTEST Electronics shareholders need to take any action for the OTCID transition?
What are the benefits of ZTEST Electronics moving to the OTCID market?
