NEW YORK, July 5, 2016 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Lapolla Industries, Inc. (OTCQX: LPAD), a manufacturer of spray foam systems and specialty coatings, has qualified to trade on the OTCQX® Best Market. Lapolla Industries upgraded to OTCQX from the Pink® market.
Lapolla Industries was approved for trading on OTCQX on July 1 under the symbol "LPAD." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"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.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market, and the Pink® Open Market for 10,000 U.S. and global securities. Through OTC Link® ATS, we connect a diverse network of broker-dealers that provide liquidity and execution services. We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.
To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com
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SOURCE OTC Markets Group Inc.