Look for our special Expo issue of Growth Capital Investor on April 22, featuring our Q1 Growth Equity Market Review, and the complete schedule of speakers and presentations at the Growth Capital Expo, April 29 – May 1, at Caesars Palace in Las Vegas. Click the events tab above for more information and to register under our 50% off subscriber rate.
OTC Markets Group has introduced new listing requirements for its “QB” and “QX” listings in an attempt increase the speed and amount of disclosure to investors by companies listed in the two upper tiers of its stock quotation service. The changes, unveiled late last week, introduce minimum share price requirements and annual listing fees to the OTCQB tier, and create specific listing requirements on the OTCQX tier for publicly reporting bank holding companies. The biggest changes are aimed at the OTCQB, the alternative to the OTCBB operated by FINRA. Beginning May 1, 2014, all companies quoted on the “QB” will be subject to a minimum bid price of one cent ($.01), an annual management certification signed by the CEO or CFO confirming the company’s information in its profile at OTCMarkets.com is current and complete, and provide additional information on its officers, directors, and controlling shareholders.