Tagged: otc markets

July 13, 2016 @ 4:19 pm By JD Alois  |  

The National Securities Exchange Regulatory Parity Act (HR 5421) passed the House of Representatives yesterday on a voice vote. It previously was approved by the House Financial Services Committee on a vote of 47-12 last month. The bill will alter how the SEC regulates exchanges. The… Read More

June 16, 2016 @ 10:34 am By JD Alois  |  

Thomson Reuters has announced they will now provide clients with closing bid, offer and trade data on the over 10,000 securities trading on the various OTC marketplaces. OTC Markets already provides real-time data via the Thomson Reuters Elektron and Eikon products. “We’re pleased to be… Read More

June 9, 2016 @ 11:26 am By JD Alois  |  

OTC Markets (OTCQX: OTCM) has filed a petition with the Securities and Exchange Commission requesting the SEC to extend amendments under Reg A+ to a far wider range of SEC reporting companies. R. Cromwell Coulson, CEO of OTC Markets, explained that Reg A+ securities offerings… Read More

May 25, 2016 @ 1:35 pm By Amy Wan  |  

  We’re still trying to figure it out. That seemed to be the theme of the crowdfunding panel at OTC’s event yesterday morning in Santa Monica. BeautyKind CEO John Hilburn Davis, which began raising money earlier this year under a Reg A+ acknowledged road bumps…. Read More

May 16, 2016 @ 2:28 pm By Samantha Hurst  |  

OTC Markets Group Inc. (OTCQX: OTCM), operator of open, transparent and connected financial markets for 10,000 U.S. and global securities, announced on Monday that it is hosting a retail, consumer technology and crowdfunding workshop,”Consumers as Investors – Redefining Financing Options for Entrepreneurs,” in Los Angeles… Read More

May 5, 2016 @ 8:27 am By Samantha Hurst  |  

OTC Markets Group Inc. (OTCQX: OTCM), operator of open, transparent and connected financial markets for 10,000 U.S. and global securities, announced on Wednesday its financial results for the first quarter 2016. R. Cromwell Coulson, president and CEO of OTC Markets, stated: “During the first quarter,… Read More

March 24, 2016 @ 7:16 am By JD Alois  |  

OTC Markets Group (OTCQX:OTCM) will be hosting a “mini-conference” entitled Capital Raising 2.0 to discuss the process of raising capital and potentially going public under the JOBS Act exemptions. The event held at the OTC Markets office will present an introduction to crowdfunding portals and… Read More

March 9, 2016 @ 3:07 pm By JD Alois  |  

The odyssey of Elio Motors (OTCQX:ELIO) and the process of raising capital online is notable not because of the fact it raised $17 million on StartEngine  and then quickly followed with a listing on the OTCQX but because it is a “first”. As all forms… Read More

March 5, 2016 @ 12:37 pm By JD Alois  |  

As the very first equity crowdfunding offer to go through the process of issuing shares and then listing on a public exchange under Reg A+, Elio Motors was bound to encounter a few bumps along the way.  One of the challenges was the transfer process… Read More

March 3, 2016 @ 5:50 pm By Samantha Hurst  |  

OTC Markets Group Inc.,  operator of open, transparent and connected financial markets for 10,000 U.S. and global securities, announced this week its financial results for the fourth quarter and fiscal year 2015. R. Cromwell Coulson, president and CEO of OTC Markets, stated: “Our record revenues in… Read More

February 29, 2016 @ 4:46 pm By JD Alois  |  

Elio Motors (OTCQX:ELIO), the first company to complete the full capital stack of a Regulation A+ equity crowdfunding round on Startengine to listed security on OTCQX, has seen a nice increase in share price since it became a publicly traded security. According to the OTCQX… Read More

February 26, 2016 @ 10:22 am By Samantha Hurst  |  

On Thursday, Elio Motors founder and CEO, Paul Elio sat down with Cromwell Coulson, CEO of OTC Markets and Ron Miller of StartEngine to discuss the use of Regulation A+ and advancements in capital formation. Elio utilized the StartEngine equity crowdfunding platform to raise about $17 million… Read More

February 23, 2016 @ 2:50 pm By JD Alois  |  

Elio Motors founder and CEO, Paul Elio, will be joining Cromwell Coulson, CEO of OTC Markets and Ron Miller of StartEngine, to “share the inside story” of using Regulation A+ to raise capital from investors online. Elio utilized the StartEngine equity crowdfunding platform to raise… Read More

February 19, 2016 @ 10:21 am By JD Alois  |  

As expected, Elio Motors has listed its shares on OTC Markets OTCQX. According to OTCMarkets, OTCQX is their best marketplace designed for companies that meet a high standard of financial disclosure. Elio (OTCQX:ELIO) closed their equity crowdfunding round on StartEngine having raised approximately $17 million… Read More

February 12, 2016 @ 8:00 am By JD Alois  |  

In a recent PIPEs report from The Deal, the observation was made the Regulation A+, an updated exemption under Title IV of the JOBS Act, is picking up steam.  So far over 70 companies have filed a Form 1-A with the SEC and, according to the… Read More

January 28, 2016 @ 5:30 pm By JD Alois  |  

OTC Markets has published a research report on issuers listing on the OTCQX “Best Market”.  The research was completed by Oxford Metrica and was commissioned by OTC Markets. According to the report, trading volume on shares increased by 53% once they moved over to the… Read More

December 14, 2015 @ 7:00 am By JD Alois  |  

The OTC Markets Group has strengthened its market standards for companies listed on the OTCQX market. OTCQX is their best market for established US and international companies. Listing firms must now adhere to high-quality financial standards and must be sponsored by a third party advisor… Read More

September 15, 2015 @ 12:53 pm By JD Alois  |  

Regulations usually possess good intent, but all too frequently are near-sighted and fall far short of assisting targeted beneficiaries.  This may be another case of myopic regulators not taking a moment to think beyond what superficially may appear to be a plus, but ends up… Read More

August 20, 2015 @ 9:04 pm By Erin Hobey  |  

“The last three months have seen around $150 million provided to 144 small businesses within The Funding Network. We’re estimating our total funding volume in 2015 to be around $800 million. Beyond that, I see huge potential for Symbid if we can continue to expand… Read More

July 22, 2015 @ 9:52 am By JD Alois  |  

OTC Markets has completed the rollout of OTCQB Venture Market, according to a company report. The marketplace claims 1,033 securities with an aggregate market capitalization of $74.2 billion. OTC states that 48 U.S. states and territories and 25 countries are using the marketplace. The OTCQB continues… Read More