Dyadic International Begins Trading on OTCQX®
NEW YORK, March 11, 2014 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced that Dyadic International, Inc. (OTCQX: DYAI), a global biotechnology company, has been approved to trade on OTCQX®, the best marketplace with qualified companies.
Dyadic begins trading today on OTCQX U.S. Premier, a segment of the OTCQX marketplace reserved for world-leading U.S. companies that meet financial standards and provide timely news and disclosure to investors. Investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"We are pleased to welcome Dyadic to the OTCQX marketplace," said R. Cromwell Coulson, President and CEO of OTC Markets Group. "Dyadic joins the growing U.S. companies that have chosen OTCQX to provide their investors with transparent trading and convenient access to their news and disclosure. We look forward to working with Dyadic's management team as they continue to grow their company and enhance their value to shareholders."
Dyadic's Chief Financial Officer, Michael Faby, stated, "Joining OTCQX clearly demonstrates our commitment to providing our shareholders access to a trading platform that we think will attract larger institutional investors and generate greater market interest in Dyadic."
B. Riley & Co., LLC serves as Dyadic's Designated Advisor for Disclosure ("DAD") on OTCQX, responsible for providing professional guidance on OTCQX requirements.
Dyadic International is a global biotechnology company headquartered in Jupiter, Florida with operations in the United States and the Netherlands. The company uses its patented and proprietary technologies to conduct research, development and commercial activities for the discovery, development, manufacture and sale of enzymes and other proteins for the bioenergy, bio-based chemicals, biopharmaceutical and industrial enzyme industries.
Dyadic will trade in the U.S. on OTCQX under the symbol "DYAI."
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates Open, Transparent and Connected financial marketplaces for 10,000 U.S. and global securities. Through our OTC Link® ATS, we directly link a diverse network of broker-dealers that provide liquidity and execution services for a wide spectrum of securities. We organize these securities into marketplaces to better inform investors of opportunities and risks – OTCQX®, The Best Marketplace with Qualified Companies; OTCQB®, The Venture Stage Marketplace with U.S. Reporting Companies; and OTC Pink®, The Open Marketplace with Variable Reporting Companies. Our data-driven platform enables investors to easily trade through the broker of their choice at the best possible price and empowers a broad range of companies to improve the quality and availability of information for their investors. To learn more about how we create better informed and more efficient financial marketplaces, visit www.otcmarkets.com.
OTC Link® ATS is operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.
SOURCE OTC Markets Group Inc.