They can uplist to OTCQX.
The OTCQX® Best Market offers transparent and efficient trading of established, investor-focused U.S. and global companies. To qualify for the OTCQX market, companies must meet high financial standards, follow best practice corporate governance, demonstrate compliance with U.S. securities laws, and have a professional third-party sponsor introduction. Penny stocks, shells and companies in bankruptcy cannot qualify for OTCQX. The companies found on OTCQX are distinguished by the integrity of their operations and diligence with which they convey their qualifications.
What is OTCQX and who is it for?
OTCQX is a U.S. market for companies already listed on a qualified international stock exchange. OTCQX enables global companies to better access support U.S. investors and distribute information in the U.S. public markets without the complexity and cost of an U.S. exchange listing.
The OTCQX market was established to solve a problem for global companies already listed on an international stock exchange. These companies know the importance of providing a U.S. market for investors to analyze, value and trade their securities, but previously had no choice but to list on the NYSE or NASDAQ: a process burdened with high cost and complex regulatory requirements.
Companies that want to inform and access U.S. investors now have an efficient and convenient alternative: OTCQX. OTCQX companies are not required to report to the SEC, and can avoid costly compliance processes by submitting their home country disclosure in English.
Companies understand that wide information distribution drives global liquidity. They want to make sure that their U.S. investors can access the same information as investors do in their home market. OTCQX provides tools to help global IROs widely distribute information to investors through a network of U.S. media and data partners.
