NEW YORK, Oct. 21 /PRNewswire/ -- Pink OTC Markets Inc. (OTCQX: PINK), the financial information and technology services company that operates the leading electronic quotation and trading system in the U.S. OTC securities market, today announced that Nanostart AG (Frankfurt: NNS; OTCQX: NASRY), a leading German venture capital investment firm in nanotechnology, has chosen to have its American Depositary Receipts (ADRs) traded on the highest tier of the OTC market, OTCQX®.
"Companies use OTCQX to expand their access to investors, engage them with quality disclosure of their financials, and provide trading transparency to stimulate liquidity," said R. Cromwell Coulson, President and CEO of Pink OTC Markets. "We are pleased to welcome Nanostart to OTCQX."
Nanostart began trading today on the OTC market's prestigious tier, OTCQX International. Investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcqx.com and www.otcmarkets.com.
"Having our ADRs admitted for trading on the prestigious OTCQX brings us essentially all the benefits of a listing on one of the major U.S. exchanges," explained Marco Beckmann, CEO of Nanostart AG. "It offers an ideal platform for young and fast growing companies like Nanostart that want to raise their standing in the U.S. capital markets. We are strongly committed to the U.S. investor community and excited about taking this next step toward our long-term growth goals."
Hudson Securities, Inc. will serve as Nanostart's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements.
About Nanostart AG
Nanostart AG (Frankfurt: NNS; OTCQX: NASRY) will trade in the United States on OTCQX under the symbol "NASRY", where each ADR will represent 0.1 ordinary shares. Nanostart is a publicly traded company that invests in emerging, highly promising nanotechnology companies around the world. The company provides venture capital for young, up-and-coming nanotechnology start-ups that develop nanotechnology-based, highly innovative products or processes that hold the potential to revolutionize existing markets. Nanostart invests in a wide range of growth phases, from early-stage ventures and start-ups all the way to established companies pursuing global expansion. For further information, please visit: www.nanostart.de
About Hudson Securities
Hudson Securities, Inc. is a full-service investment bank that specializes in raising capital and providing corporate finance and advisory services to micro to mid-cap issuers in the U.S. and abroad across a wide industry spectrum. Its execution expertise and market making capabilities span over 10,000 U.S. and foreign securities including equities, equity derivatives, and American Depositary Receipts (ADRs). Hudson's institutional research analysts publish unbiased, idea-driven research focused on micro to mid-cap companies listed in the U.S.
The OTCQX marketplace is the premier tier of the U.S. OTC market. Investor-focused companies use the quality-controlled OTCQX platform to offer investors transparent trading, superior information, and easy access through their regulated U.S. broker-dealers. The innovative OTCQX platform offers companies and their shareholders a level of marketplace services formerly available only on a U.S. stock exchange. For more information and to view a full list of OTCQX companies, visit www.otcqx.com.
About Pink OTC Markets Inc.
Pink OTC Markets Inc. (OTCQX: PINK) operates the leading electronic interdealer quotation and trading system for over 9,000 securities not listed on a U.S. stock exchange. Pink OTC Markets segments these securities into three tiers: the quality-controlled OTCQX marketplace, the U.S. registered and reporting OTCQB marketplace, and the speculative trading Pink Sheets marketplace. These three tiers constitute the third largest U.S. liquidity pool for trading public company shares, after The NASDAQ Stock Market, Inc. and The New York Stock Exchange. Our products and services promote market transparency, improve price discovery, facilitate regulatory compliance, and increase the quality of issuer disclosure, to the benefit of all OTC market participants. To learn more about how Pink OTC Markets' products and services make OTC markets more transparent, informed, and efficient, please visit our websites at www.otcmarkets.com, www.pinkotc.com and www.otcqx.com or contact us at email@example.com.
SOURCE Pink OTC Markets Inc.