Tagged: otc markets

OTC Markets Publishes Study on Benefits of OTCQX Listing for International Companies

OTC Markets Group has just published a commissioned study by Oxford Metrica, a strategic advisory firm, pointing to the benefits of listing shares on the OTCQX by international firms. OTC Markets is an ATS and competes heavily with the Nasdaq, NYSE etc. So why would an… Read More

OTC Markets Welcomes Expansion of Reg A+ Exemption to Reporting Companies

Buried within the “Economic Growth, Regulatory Relief and Consumer Protection Act” that was signed into law last week, was an expansion of Regulation A or Reg + that it is popularly called. The securities exemption is now available to not just private companies but also… Read More

SEC Suspends Trading of OTC Listed IBITX Software Due to Questions Regarding Cryptocurrency Operations

The Securities and Exchange Commission (SEC) has issued another trading suspension regarding a company associated with cryptocurrency services. IBITX Software is a company that claims to operate IBITX as a “Dynamic new type of currency exchange which matches new Initial Currency Offerings (ICOs)” IBITX says it is “one… Read More

Booted from NASDAQ, Long Blockchain Seeks Listing on OTC Markets

Long Blockchain Corp., a company that was formerly known as Long Island Tea Corp., has been kicked out of NASDAQ. The delisting notice was received earlier this week following an previous notice from NASDAQ staff in mid-February that the company was in the queue to… Read More

Muscle Maker Grill Expects to List on OTC Markets Following Close of Reg A+ Crowdfunding Round

Muscle Maker Grill has filed a post qualification offering circular with the Securities and Exchange Commission (SEC) indicating its intent to list on OTCQX Marketplace under the symbol of MMB after the Reg A+ crowdfunding round closes. This is a change from previous communications where… Read More

OTC Markets Adds Empire Stock Transfer to Transfer Agent Verified Shares Program

OTC Markets (OTCQX: OTCM) has added Empire Stock Transfer Inc. its “Transfer Agent Verified Shares Program.” This is part of OTC Markets mission to improve the availability and accuracy of share data for OTCQX, OTCQB and Pink securities. OTC Markets launched the Transfer Agent Verified… Read More

SEC Halts Trading in Three Companies Claiming Cryptocurrency, Blockchain Affiliations & Possible ICO

The Securities and Exchange Commission (SEC) is once again taking action against companies that make specious claims regarding cryptocurrency and Blockchain involvement. The SEC has halted trading in Cherubim Interests Inc. (OTCPink:CHIT), PDX Partners Inc. (OTCPink:PDXP), and Victura Construction Group Inc. (OTCPing:VICT). The halt was… Read More

Lawsuit Against The Crypto Company is Voluntarily Dismissed

The law firm of Pomerantz LLP has announced that the class action lawsuit against The Crypto Company (OTCMKTS:CRCW) and certain of its officers, alleging violations of the Securities Exchange Act of 1934, has been voluntarily dismissed. The Securities and Exchange Commission (SEC) halted trading in… Read More

OTC Markets Group Announces First Canadian-listed Reg A+ Offering on OTCQB Venture Market

OTC Markets Group Inc.(OTCQX: OTCM), an operator of financial markets for ten thousand U.S. and global securities, announced on Thursday that True Leaf Medicine International Ltd. (CSE: MJ) (FSE: TLA) (OTCQB: TRLFF), the first Canadian-listed company, to conduct a successful Reg. A+ offering on its… Read More

World Funding Summit Wrap Up: A Discussion with Victoria Silchenko on the Future of Finance

This past November Crowdfund Insider had the opportunity to participate in the World Funding Summit in Los Angeles. Organized by Economist and Entrepreneur Victoria Silchenko, the event has updated and changed over the years as the Fintech industry has quickly expanded beyond capital formation. In… Read More

SEC Halts Trading of The Crypto Company on OTC Markets as Allegations of Share Price Manipulation Leveled by Feds

The Securities and Exchange Commission has filed an order to suspend the trading in shares of The Crypto Company (OTC Pink:CRCW). Shares in The Crypto Company had recently risen to over $640 per share. The 52 week low of shares in CRCW were $3.30 each…. Read More

In a Move to Boost Transparency, OTC Markets Commits to Monthly Reports on Downgrades to Listed Companies

OTC Markets Group Inc. (OTCQX: OTCM), an operator of financial markets, has announced it will begin disseminating, on a monthly basis, a list of downgrades from its both OTCQX and OTCQB markets as well as a separate list of “Caveat Emptor Designations” that have occurred in… Read More

Fintech Organization Investview Moves to OTC Market

Fintech organization Investview announced on Thursday it is now trading shares on OTC Market’s OTCQX and will be displayed as INVU. The company revealed has been trading on the PINK and as one of the first actions of the management team after the recent acquisition, it applied… Read More

OTC Markets to Expand Transfer Agent Verified Shares Program: Includes Continental Stock Transfer & Trust

 OTC Markets Group Inc.(OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, announced that Continental Stock Transfer & Trust has joined OTC Markets’ Transfer Agent Verified Shares Program. The organization revealed it launched the Transfer Agent Verified Shares Program initiative with the goal of… Read More

OTC Markets Partners with Canadian Securities Exchange

OTC Markets (OTCQX: OTCM) has formed a parternship with the Canadian Securities Exchange (CSE), a Canadian listing exchange recognized as a Qualified Foreign Exchange in the U.S.. The strategic alliance is said to offer a new program for issuers looking for an efficient IPO experience… Read More

Legislation that will Expand Scope of Reg A+ Passes the House

Yesterday the House of Representatives approved the Improving Access to Capital Act (HR 2864), legislation that will expand the usage of Regulation A+, a securities exemption that has gained in popularity for smaller firms. The legislation was sponsored by Representative Kyrsten Sinema. Reg A+ was… Read More

Novume Solutions Begins Trading on OTCQX, Boosted by Reg A+ Offer

Novume Solutions, a holding company formed as part of the merger between Keystone Solutions and Brekford Traffic Safety, has commenced trading on OTCQX. Keystone Solutions utilized the Reg A+ securities exemption to raise $5.3 million earlier this year. A copy of the Offering Circular is… Read More

Corporate Stock Transfer has joined OTC Markets’ Transfer Agent Verified Shares Program

OTC Markets Group Inc. (OTCQX: OTCM), has announced that Corporate Stock Transfer has joined OTC Markets’ Transfer Agent Verified Shares Program.  This broadens the list of transfer agents that have partnered with OTC Markets Group to provide greater transparency of share information for OTCQX, OTCQB and Pink® securities…. Read More

Jason Paltrowitz, Executive VP at OTC Markets, Joins CfPA Board

OTC Markets Group Inc. (OTCQX: OTCM) has announced that Jason Paltrowitz, Executive Vice President of Corporate Services, has joined the Board of Directors of the Crowdfunding Professional Association (CfPA). In his role at OTC Markets Group, Paltrowitz is responsible for managing the firm’s Corporate Services business. OTC… Read More

New & Improved: Reg A+ May Soon Be Available for Publicly Traded Firms

There is a bill circulating in Congress that may dramatically impact Reg A+ utilization – the crowdfunding rule that currently allows issuers to raise up to $50 million in a scaled disclosure environment. Sponsored by House Representatives Kyrsten Sinema and Trey Hollingsworth, the bill (HR… Read More