"OTCQX companies are distinguished by their high quality financial and operating standards and their commitment to providing a superior trading and information experience for their investors," said Jason Paltrowitz, Executive Vice President of OTC Markets Group. "We welcome Lapolla Industries to OTCQX and look forward to supporting the company and its shareholders in the public market."
Douglas J. Kramer, President and CEO of Lapolla, stated, "Moving up to OTCQX is an important strategic step in our investor outreach commitment. Being traded on OTCQX will allow for greater exposure, accessibility, and liquidity from the investment community as we execute on our global strategy to deliver our energy saving products to key markets around the world."
Haynes and Boone, LLP serves as Lapolla Industries' OTCQX Advisor, responsible for providing professional guidance on OTCQX requirements and U.S. securities laws.
Lapolla Industries, Inc. is a global supplier and manufacturer of spray polyurethane foam insulation, reflective roof coatings, and equipment designed to reduce energy consumption in the residential, industrial and commercial markets for both new construction and retrofit applications.
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SOURCE OTC Markets Group Inc.