OTC Markets Group Welcomes VerticalScope Holdings Inc. to OTCQX
July 17 2024 - 7:00AM
OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets
for trading 12,000 U.S. and international securities, today
announced VerticalScope Holdings Inc. (TSX: FORA; OTCQX: VFORF), a
technology company that has built and operates a cloud-based
digital platform for online enthusiast communities, has qualified
to trade on the OTCQX® Best Market. VerticalScope Holdings Inc.
upgraded to OTCQX from the Pink® market.
VerticalScope Holdings Inc. begins trading today on OTCQX under
the symbol “VFORF.” U.S. investors can find current financial
disclosure and Real-Time Level 2 quotes for the company on
www.otcmarkets.com.
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.
Rob Laidlaw, Founder, Chair and CEO of VerticalScope stated,
“Having direct access to the OTCQX quotation and trading platform
is an important milestone, making it easier for our U.S. employees
and investors to invest in VerticalScope by eliminating the
requirement of maintaining a Canadian trading account.
Additionally, we are confident that the transparent and efficient
OTCQX platform will increase exposure and profile with U.S. private
and institutional investors, representing a stepping stone towards
a potential senior exchange listing in the U.S. as we continue to
scale our digital enthusiast community platform.”
JWTT Inc. acted as the company’s OTCQX sponsor.
About VerticalScope Holdings Inc.VerticalScope
is a technology company that has built and operates a cloud-based
digital platform for online enthusiast communities in high-consumer
spending categories. VerticalScope's mission is to enable people
with common interests to connect, explore their passions and share
knowledge about the things they love. Through targeted acquisitions
and development, VerticalScope has built a portfolio of over 1,200
online communities and more than 110 million monthly active
users.
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 three public markets: OTCQX®
Best Market, OTCQB® Venture Market and Pink® Open 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.
OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC
regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered
broker-dealer, member SIPC.
To learn more about how we create better informed and more
efficient markets, visit www.otcmarkets.com.
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Media Contact:OTC Markets Group Inc., +1 (212)
896-4428, media@otcmarkets.com
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