OTC Markets Group Inc. , operator of financial markets for 11,000 U.S. and global securities, today announced Wishpond Technologies Ltd. a provider of “all-in-one” digital marketing solutions that empower businesses to achieve success online, has qualified to trade on the OTCQX® Best Market. Wishpond Technologies Ltd. upgraded to OTCQX from the OTCQB® Venture Market.
Wishpond Technologies Ltd. begins trading today on OTCQX under the symbol “WPNDF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
The OTCQX Market is designed for established, investor-focused U.S. and international companies. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. Graduating to the OTCQX Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors.
“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. 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 trading on the OTCQX will enhance the visibility and availability of the Company’s shares to U.S. investors.”
About Wishpond Technologies Ltd.
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” digital 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.
About OTC Markets Group Inc.
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, 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.
OTC Markets Group Inc., +1 (212) 896-4428, email@example.com