Showing posts with label 211. Show all posts
Showing posts with label 211. Show all posts

Monday, April 7, 2014

OTCMarkets OTCQB

Many issuers seeking to go public are opting to list on the OTCMarkets OTCQB. The OTCMarkets Group operates an electronic inter-dealer quotation system called OTC Link. OTCMarkets ranks issuers in tiers; each issuer’s rank depends upon the amount of disclosure provided.
Companies using registration statements followed by Rule 15c2-11 applications to go public qualify for the “OTCQB” tier. The QTCQB tier is only available to issuers who file reports with the SEC. These issuers are not required to provide additional disclosures to the OTCMarkets.

Listing On the OTC Markets Tiers

Many private companies seeking to go public are opting to list on the OTCMarkets OTCQB.   The
OTCMarkets Group operates an electronic inter-dealer quotation system called OTC Link. OTCMarkets ranks issuers in tiers; each issuer’s rank depends upon the amount of disclosure provided.
 Issuers using registration statements followed by Rule 15c2-11 applications to go public qualify for the “OTCQB” tier. The QTCQB tier is only available to issuers who file reports with the SEC. These issuers are not required to provide additional disclosures to the OTCMarkets.
In order for a private company to go public on the OTCQB, it must become anSEC reporting issuer.  Once the company is reporting, it can then obtain its ticker symbol assignment from