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OTC Markets

Totals

Securities

12,306

Dollar Vol

$2.0B

Share Vol

Trades

367,183

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OTCQX U.S.

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OTCQX International

OTCQX U.S.

OTCQX U.S.^® provides innovative U.S. companies with a roadmap to achieve long-term success in the public markets. Our market provides a cost-effective alternative for U.S. Companies compared to listing on a U.S. Exchange.

Apply Now

Key Benefits:

Build liquidity, reputation and valuation by trading on a regulated public market
Various disclosure standards enable companies to lower the complexity of being public
Convenient Trading and Price Transparency gives Investors an Exchange-Comparable Experience
U.S. banks are able to use SEC or U.S. Bank Reporting to lower their regulatory reporting costs

Studies on OTCQX Trading Benefits

Qualifications

Eligibility Standards

Not be a Shell Company or Blank-Check Company
Not be subject to any Bankruptcy or reorganization proceedings
Not a Penny Stock
Have Priced Quotes by a market maker on OTC Link
Have a transfer agent that participates in the Transfer Agent Verified Share Program
U.S. Banks applying for OTCQX U.S. must appoint a Corporate Broker

Disclosure Standards

Meet one of the following Reporting Standards:

SEC Reporting Standard
U.S. Bank Reporting Standard
Regulation A Reporting Standard
Alternative Reporting Standard

Audited annual financials by a Public Company Accounting Oversight Board (PCAOB) auditor and unaudited interim financial reports, prepared in accordance with U.S. GAAP

Timely disclosure of material news

Corporate Governance Standards

Have a board of directors that includes at least 2 Independent Directors;
Have an Audit Committee, a majority of the members of which are Independent Directors; and
Conduct annual shareholders' meetings and make annual financial reports available to its shareholders at least 15 calendar days prior to such meetings

OTCQX U.S. Financial Standards

	Initial	Ongoing
PENNY STOCK RULE	Meet one of the three below exemptions:	Meet one of the three below exemptions:
Net Tangible Assets	$5 million: < Than 3 Years Operations $2 million: 3+ Years Operations	$5 million: < Than 3 Years Operations $2 million: 3+ Years Operations
Revenue	$6 million average for last 3 years	$6 million average for last 3 years
Bid	$5; and one of the below: Net Income: $500,000 Net Tangible Assets: $1 million Revenues: $2 million Total Assets: $5 million	$5; and one of the below: Net Income: $500,000 Net Tangible Assets: $1 million Revenues: $2 million Total Assets: $5 million
SHAREHOLDERS	50 beneficial shareholders each owning at least 100 shares	50 beneficial shareholders each owning at least 100 shares
BID PRICE	$0.25	$0.10
MARKET CAPITALIZATION	$10 million	$5 million
PUBLIC FLOAT	10%	10%

Notes:

1) Financial standards must be based on audited financial statements dated within 15 months

2) Public Float is defined as total shares outstanding minus shares held by officers, directors, or beneficial owners of more than 10% of the company

Additional OTCQX Standards for U.S. Banks

BID PRICE

$1.00

TOTAL ASSETS

$100 million

as of the most recent annual period end

STOCKHOLDERS' EQUITY

$4 million

as of the most recent annual period end

Background Checks

OTC Markets Group conducts comprehensive background checks on issuers, officers, directors, controlling shareholders and affiliated persons to maintain the integrity of the OTCQB and OTCQX markets. We also collect this information prior to granting a company access to the OTC Disclosure and News Service. A company can be disqualified from the OTCQB and OTCQX markets or denied services if OTC Markets determines, in its sole and absolute discretion, that the admission for trading on OTCQX or OTCQB or granting access to the OTC Disclosure and News Service would be likely to impair the reputation or integrity of OTC Markets Group or be detrimental to the interests of investors. Our process includes a review of a person’s legal and regulatory history, including criminal convictions, civil court orders, SEC disciplinary orders, SEC cease-and-desist orders, and suspensions from a self-regulatory organization. We may also consider ongoing regulatory or criminal investigations and civil actions related to securities law violations, fraud, forgery, counterfeiting, or other related offenses.

Apply for OTCQX

Create an Account on Gateway to Complete the Application

Apply

Application Resources:

Step by Step Guide to the OTCQX U.S. Application

How to Submit an OTCQX Application Using Gateway

Filing Instructions through OTCIQ

Notification of Late Filing

Background Check Authorization Form

Issuer Services Agreement

Personal Information Form

Personal Information Form - Additional Disclosure Reporting (upon request only)