OTC Markets Group and Issuer Direct Announce Strategic Alliance
Yesterday, OTC Markets Group Inc. and Issuer Direct Corporation announced that they will collaborate through a strategic alliance to offer a premier suite of news, compliance, investor relations, and communications services.
It is expected that a new repository of cost-effective solutions resulting from this strategic alliance will be made available beginning in 2018 to OTCQX and OTCQB issuers through the OTCIQ user platform.
As part of the alliance, companies trading on OTCQX and OTCQB premium markets will be able to choose from an array of investor relations, disclosure, and communications solutions to meet their specific needs. The bundled packages of software and services can be purchased separately or combined for additional savings.
“We are pleased to provide our community of issuers with a robust portfolio of communications and investor relations tools to help them efficiently manage corporate visibility goals, reporting, disclosure and compliance requirements,” said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. “This expansive collection of news release distribution, communications and compliance platforms underscores OTC Markets Group’s commitment to helping our issuers make the process of being public more streamlined and less resource intensive.”
“We are excited to welcome issuers on the OTCQX and OTCQB premium markets to our disclosure and communication platform. With over 2,000 clients, we are confident we can be a significant value add to the premium OTC Markets client base under this strategic alliance,” said Brian R. Balbirnie, Chief Executive Officer of Issuer Direct Corporation. “The strategic alliance and co-branding with OTC Markets Group is a testament to the commitment both companies have in improving the communications and compliance process as well as reducing the overall costs in maintaining compliance.”
Issuer Direct will provide the following product offerings through the OTCIQ user platform:
ACCESSWIRE – Industry-leading flat-fee, premier news, and communications network
Webcasting – Earnings Events and webcast platform
Mini-IR – Customized platform to inform and engage investors and meet compliance
EDGAR Filing Service – Expert filing team to file all financial compliance forms
EDGAR Filing Software – Cloud-based, cost-effective platform for financial reporting
XBRL – XBRL tagging services to improve flow of financial reporting
Learn more HERE.