Seven OTC Markets Issuers Uplisted to Nasdaq & NYSE in August 2018
Seven issuers uplisted from the OTC Markets to the NASDAQ or NYSE American in August 2018. Learn more about these OTC ‘graduates’ below.
Cumulus Media, Inc. (Nasdaq: CMLS)
On August 1, 2018, CMLS uplisted from the OTC Pink to the Nasdaq. CMLS combines high-quality local programming with iconic, nationally syndicated media, sports and entertainment brands to deliver premium content choices to the 245 million people reached each week through its 441 owned-and-operated stations broadcasting in 90 U.S. media markets (including eight of the top 10), approximately 8,000 broadcast radio stations affiliated with its Westwood One network and numerous digital channels.
Osiris Therapeutics, Inc. (Nasdaq: OSIR)
On August 1, 2018, OSIR uplisted from the OTC Pink to the Nasdaq Global Market. Osiris Therapeutics, Inc., based in Columbia, Maryland, researches, develops, manufactures and commercializes regenerative medicine products intended to improve the health and lives of patients and lower overall healthcare costs.
Electrameccanica Vehs Corp (Nasdaq: SOLO)
On August 9, 2018, SOLO uplisted from the OTCQB to the Nasdaq Capital Market. Electra Meccanica is a designer and manufacturer of electric vehicles. The Company builds the innovative, all-electric SOLO, a single passenger vehicle developed to revolutionize the way people commute, as well as the Tofino, an elegant high-performance two seater electric roadster sports car.
Upon uplisting to Nasdaq, SOLO completed a public offering of $10 million. The Benchmark Company, LLC and ThinkEquity, a division of Fordham Financial Management, Inc., acted as joint book-running managers and Cuttone & Co., LLC acted as co-manager for the offering.
3Pea International, Inc. (Nasdaq: TPNL)
On August 10, 2018, TPNL uplisted from the OTCQB to the Nasdaq Capital Market. 3PEA International is an experienced and trusted prepaid debit card payment solutions provider as well as an integrated payment processor that has millions of prepaid debit cards in its portfolio.
Riverview Financial Corp. (Nasdaq: RIVE)
On August 14, 2018, RIVE uplisted from the OTCQX to the Nasdaq Global Market. Riverview Financial Corporation is the parent company of Riverview Bank and its operating divisions Citizens Neighborhood Bank, CBT Bank, Riverview Wealth Management and CBT Financial and Trust Management. An independent community bank, Riverview Bank serves the Pennsylvania market areas of Berks, Blair, Centre, Clearfield, Dauphin, Huntingdon, Lebanon, Lycoming, Northumberland, Perry, Schuylkill and Somerset Counties through 30 community banking offices and three limited purpose offices.
Safe-T Group Limited (Nasdaq: SFET)
On August 17, 2018, SFET uplisted from the OTCQB to the Nasdaq. SFET is a leading provider of software-defined access solutions which mitigate attacks on enterprises’ business-critical services and sensitive data.
Upon uplisting to Nasdaq, SFET completed a $7.335 million underwritten public offering. Chardan acted as the sole book-running manager for the offering.
SilverCrest Metals, Inc. (NYSE American: SILV)
On August 21, 2018, SILV uplisted from the OTCQX to the NYSE American. SilverCrest is a Canadian precious metals exploration company headquartered in Vancouver, BC, that is focused on new discoveries, value-added acquisitions and targeting production in Mexico’s historic precious metal districts.