NEW YORK, Dec. 2, 2013 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM) congratulates LiqTech International Inc. (OTCQX: LIQT), an award-winning clean technology company, on its approval to list on the New York Stock Exchange's NYSE MKT. LiqTech International is moving to the NYSE MKT from OTC Markets Group's OTCQX® marketplace, making it the seventh company to move from OTCQX to a U.S. stock exchange this year.
Since joining OTCQX on February 3, 2012, LiqTech International's 3-month average daily share volume has quadrupled to 54,200. The company's current market capitalization is $77 million.
"We congratulate LiqTech on its NYSE MKT listing and are proud to have helped contribute to its success as a public company," said R. Cromwell Coulson, President and CEO of OTC Markets Group. "LiqTech's success on OTCQX demonstrates the value our marketplace offers growth companies that are looking to increase their visibility with investors and validate their credibility in the market, whether they remain on OTCQX or grow into an exchange listing."
"Trading on OTCQX has helped us grow our business model, provide our shareholders with high quality information and attract attention from institutional investors and other buy-side investors," said Aldo Petersen, Chairman of LiqTech. "It has also helped us increase our visibility with customers, which has led to new sales of our products. We recommend other European companies consider exploring the potential of trading on OTCQX."
OTCQX continues to be the U.S. marketplace of choice for U.S. and global companies that are looking to execute their business plans and grow into a U.S. stock exchange listing. Other companies that have moved from OTCQX to a U.S. stock exchange this year include: Altisource Asset Management Corp., American Eagle Energy Corp., B2Gold Corp., Empire Resources Inc., Organovo Holdings, Inc. and Tiptree Financial Inc.
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.