Only one OTC Markets Issuer Uplisted From The OTC To a senior exchange in June 2019. Learn more about the sole OTC ‘graduate’ below. Artelo Biosciences, Inc. (Nasdaq: ARTL) On June 21, 2019, ARTL uplisted from the OTCQB to the Nasdaq Capital Market. Artelo Biosciences is a San Diego-based biopharmaceutical company dedicated to the development and commercialization of proprietary
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Uplisting from the OTC Markets to a senior US exchange, like the NASDAQ or NYSE American, is the goal of many microcap public companies trading on the OTC Markets. About one hundred out of the thousands of issuers listed on the OTC make the jump every year. To uplist to a senior exchange issuers must meet a series of listing
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Guest Post By Irwin Stein, Esq. Ask a lot of people who are under 30 years of age and they will likely tell you that stockbrokers are evil charlatans who “caused” the 2008 market meltdown and the recession that followed. These young people cannot wait until all stockbrokers and other intermediaries are replaced by smartphone apps and automated systems that
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Welcome to Part V of our UpListing Series: Recent Examples of Uplists From The OTC. This is the fifth part of a multi-part series on UpListing from the OTC Markets to the Nasdaq or NYSE and how it can benefit your company and shareholders. Below are four recent examples of uplists from the OTC that represent the diverse paths from
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Earlier this month, ADOMANI, Inc. (NASDAQ: ADOM) announced the closing of a registered public offering at a relatively large discount to its June 2017 Reg A+ IPO. In June, ADOMANI raised $14.261 million through Regulation A+ by selling 2,852,275 million shares of common stock at a price of $5.00 per share. Following the Reg A+ offering, ADOMANI listed on Nasdaq. ADOM shares
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At the end of 2017, Long Island Iced Tea changed its name to Long Blockchain (NASDAQ: LBCC). Long Blockchain, whose business had primarily been selling soft drinks, said it would seek to partner with or invest in companies that develop the decentralized ledgers known as blockchain, the technology that underpins bitcoin. On January 5th, LBCC announced the signing of subscription agreements
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Guest Post By: Irwin Stein, Esq. There is a synergy in the stockbrokerage world upon which few people focus but without which the entire system of that capital formation as we know it might suffer. When a stockbrokerage firm sells its customers shares in an IPO both the firm and the customers want the same thing; they want the shares to
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Six issuers uplisted from the OTC Markets to the NASDAQ, NYSE American, and NYSE in August. Learn more about these OTC ‘graduates’ below. Bank Princeton New Jersey (NASDAQ: BPRN) On August 1, 2017, Bank Princeton New Jersey uplisted from the OTC PINK to the NASDAQ Global Select Market. The Bank of Princeton is a community bank founded in 2007 with 13 branches
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