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Saturday, March 22, 2025 5:25:35 PM
"You haven't a clue what the new tier entails and neither do I,"
I dunno about that as I would think that those who read this might have some kind of clue. Why else publish it?
https://blog.otcmarkets.com/2024/10/14/the-evolution-of-the-otc-market-introducing-otcid/
Effective July 1, 2025, we will launch the OTCID Basic Market for companies that publish baseline information. Issuers that do not provide updated information will shift to the Pink Limited Market or to the Expert Market.
...As we have increased the qualitative and quantitative standards of our OTCQX and OTCQB markets, it has become apparent that we need a home for companies that actively provide ongoing disclosure and demonstrate compliance with securities laws, but cannot qualify for OTCQX or OTCQB. That realization leads us to take the next step in organizing our markets.
In July 2025, Pink Current will cease to exist. The OTCID Basic Market is for companies that meet a minimal current information standard and provide management certification, without the qualitative standards of our OTCQX and OTCQB markets.
Engaged, transparent and compliant companies are better for public markets.
Issuers that do not provide updated information, ongoing reporting and the required management certifications will see their securities transition to the Pink Limited Market or to the Expert Restricted Market, whichever is applicable.
GLTS
"Where's the asset?"

