Wishpond Technologies Ltd., a provider of “all-in-one” digital marketing solutions that empower businesses to achieve success online, is pleased to announce that the Company’s listing on the OTCQB Venture Market has been upgraded to the OTCQX® Best Market, and its common shares will begin trading today on the OTCQX® Best Market (the “OTCQX“) under the ticker symbol “WPNDF“.
“Our graduation from the OTCQB Venture Market to the OTCQX® Best Market marks an important milestone in the Company’s history,” remarked Ali Tajskandar, Chairman and CEO of Wishpond. “The OTCQX® Best Market is the highest market tier of OTC Markets, and we believe that trading on the OTCQX will enhance the visibility and availability of the Company’s shares to U.S. investors. Furthermore, we are delighted to have been granted an approval to trade on the OTCQX® Best Market only weeks after commencing trading on the OTCQB Venture Market.”
To qualify for the OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws. The OTCQX market includes both multinational companies seeking access to U.S. investors and domestic growth companies. To be traded on this tier, companies must undergo a qualitative review by OTC Markets Group.
U.S. investors can find real-time quotes and market information for the Company at https://www.otcmarkets.com/stock/WPNDF/overview. Investors can also learn more about Wishpond’s exciting growth story at https://www.wishpond.com/investors/. There will be no change to Wishpond’s Canadian listing as the Company’s common shares will continue to trade on the TSX Venture Exchange under the symbol “WISH“.
Based out of Vancouver, British Columbia, Wishpond is a provider of marketing-focused online business solutions. Wishpond’s vision is to become the leading provider of digital marketing solutions that empower entrepreneurs to achieve success online. The Company offers an “all-in-one” marketing suite that provides companies with marketing, promotion, lead generation, and sales conversion capabilities from one integrated platform. Wishpond replaces entire marketing functions in an easy-to-use product, for a fraction of the cost. Wishpond serves over 3,000 customers who are primarily small-to-medium size businesses (SMBs) in a wide variety of industries. The Company has developed cutting-edge marketing technology solutions and continues to add new features and applications with great velocity. The Company employs a Software-as-a-Service (SaaS) business model where substantially all the Company’s revenue is subscription-based recurring revenue which provides excellent revenue predictability and cash flow visibility. Wishpond is listed on the TSX Venture Exchange under the ticker “WISH” and on the OTCQX Market under the ticker “WPNDF”. For further information, visit: www.wishpond.com.
OTC Markets Group Inc. operates the OTCQX® Best Market, the OTCQB® Venture Market and the Pink® Open Market for 11,000 U.S. and global securities. Through OTC Link® ATS and OTC Link ECN, the OTC Markets Groups connects 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.
ON BEHALF OF THE BOARD
Director and CEO