NEW YORK, June 30, 2021 /PRNewswire/ -- OTC Markets
Group Inc. (OTCQX: OTCM), operator of financial markets for
11,000 U.S. and global securities, today announced Adcore Inc.
("Adcore" or the "Company") (TSX: ADCO; OTCQX:
ADCOF), a leading e-commerce advertising management and
automation platform to leverage digital marketing in an effortless
and accessible way ("Effortless Advertising"), has
qualified to trade on the OTCQX® Best Market.
Adcore begins trading on OTCQX under the symbol "ADCOF."
U.S. investors can find current financial disclosure and
Real-Time Level 2 quotes for the Company on www.otcmarkets.com. The
Company's shares will also continue to trade on the Toronto Stock
Exchange under the trading symbol "ADCO".
Upgrading to the OTCQX Market is an important step for companies
seeking to provide transparent trading for their U.S.
investors. For companies listed on a qualified international
exchange, streamlined market standards enable them to utilize their
home market reporting to make their information available in the
U.S. To qualify for OTCQX, companies must meet high financial
standards, follow best practice corporate governance and
demonstrate compliance with applicable securities laws.
"Congratulations to Adcore Inc on upgrading to our OTCQX Best
Market. Adcore joins the growing number of Israeli headquartered
issuers that have seen success on our OTCQX and OTCQB markets. And,
we encourage more internationally based companies to utilize this
efficient alternative to build North American visibility and gain
secondary access to U.S. investors," Jason
Paltrowitz, OTC Markets Group EVP – Corporate Services.
"We are excited to begin trading on the OTCQX as a next step to
building long term shareholder value both in the US and
Canada," commented Omri Brill, Chief Executive Officer of Adcore
Inc. "A portion of our investor base is currently in the U.S. and
we believe this will complement our Toronto Stock Exchange listing
by further broadening our visibility to a large investor audience
as we continue to create unique solutions and drive growth as a
marketing innovator in the e-commerce sector."
Securities Law USA, PLLC acted
as the Company's OTCQX sponsor.
About Adcore
Adcore is empowering entrepreneurs, advertisers, and the future
of e-commerce through its advertising management and automation
platform. By combining extensive industry knowledge and experience
with its proprietary artificial intelligence engine, Adcore offers
a unique digital marketing solution that empowers entrepreneurs and
advertisers by managing and automating their e-commerce store
advertising, and monitoring and analyzing the performance of their
advertising budget to ensure maximum Return on Investment. In
addition to being named numerous times on Deloitte's Fast 50
Technology list, Adcore is a certified Google Premier Partner,
Microsoft Partner, Facebook Partner and TikTok Partner.
Established in 2006, the Company employs over fifty people in
its headquarters in Tel Aviv,
Israel and satellite offices in Toronto, Canada, Melbourne, Australia, Hong Kong and Shanghai, China.
For more information about Adcore, please
visit https://www.adcore.com/investors/
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 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 Link ATS and OTC Link ECN are SEC regulated ATSs, operated
by OTC Link LLC, member FINRA/SIPC.
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Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428,
media@otcmarkets.com
Adcore IR contacts:
ADCORE INC.
https://www.adcore.com/investors/
Martijn van den
Bemd,
GM North
America
|
U.S. Investor
Relations
John Nesbett/Jennifer
Belodeau
IMS Investor
Relations
|
Canada Investor
Relations
Virtus Advisory
Group
|
Telephone:
647-497-5337
|
Telephone:
203-972-9200
|
Telephone:
416-644-5081
|
Email:
martijn@adcore.com
|
Email:
jnesbett@imsinvestorrelations.com
|
Email:
info@virtusadvisory.com
|
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