OTC Markets Group Welcomes Team Internet Group PLC to OTCQX
2024年4月9日 - 8:00PM
OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets
for trading 12,000 U.S. and international securities, today
announced Team Internet Group PLC (AIM: TIG; OTCQX:
TIGXF), a leading global internet solutions company, has qualified
to trade on the OTCQX® Best Market. Team Internet Group PLC
upgraded to OTCQX from the Pink® market.
Team Internet Group PLC begins trading today on
OTCQX under the symbol “TIGXF.” 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.
Michael Riedl,
CEO of Team Internet, commented: “As we mark the beginning
of our trading on OTCQX, we are not just opening a new chapter for
Team Internet Group Plc. We reinforce our commitment to enhancing
shareholder value and expanding our footprint in the United States,
a market that represents nearly 50% of our revenue. This move
reflects our robust performance and the investor confidence we have
been fortunate to build, especially within the US, over the past
year. We recognize the importance of making our shares more
accessible and appealing to US investors, and qualifying to trade
on OTCQX is a strategic step in that direction. We are eager to
welcome new investors and invite them to join us in this exciting
journey.”
First Sentinel Corporate Finance acted as the
company’s OTCQX sponsor.
About Team Internet Group PLCTeam
Internet is a leading global internet solutions company
headquartered in London. The company creates meaningful and
successful connections from businesses to domains, brands to
consumers, publishers to advertisers, enabling everyone to realise
their digital ambitions. The Company is a leading global internet
solutions company that operates in two highly attractive markets:
high-growth digital advertising (Online Marketing segment) and
domain name management solutions (Online Presence segment). The
company’s Online Marketing segment creates privacy-safe and
AI-generated online consumer journeys that convert general interest
online media users into confident high conviction consumers through
advertorial and review websites. The Online Presence segment is a
critical constituent of the global online presence and productivity
tool ecosystem, where Team Internet serves as the primary
distribution channel for a wide range of digital products. The
company’s high-quality earnings come from subscription recurring
revenues in the Online Presence segment and revenue share on
rolling utility-style contracts in the Online Marketing
segment.
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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