NEW YORK, June 21, 2021 /PRNewswire/ -- OTC Markets Group
Inc. (OTCQX: OTCM), operator of financial markets for 11,000
U.S. and global securities, today announced AirBoss of America
Corp. (TSX: BOS; OTCQX: ABSSF), a diversified developer,
manufacturer and provider of innovative survivability solutions,
has qualified to trade on the OTCQX® Best Market. AirBoss of
America Corp. upgraded to OTCQX from the Pink® market.
AirBoss of America Corp. begins trading today on OTCQX under the
symbol "ABSSF." U.S. investors can find current financial
disclosure and Real-Time Level 2 quotes for the company on
www.otcmarkets.com.
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.
"Our decision to cross-trade in the U.S. is part of our strategy
to expand our international shareholder base, increase trading
liquidity, provide a USD quote in our Shares and facilitate greater
access and trading capability in our Shares for both institutional
and retail investors," stated Gren
Schoch, Chairman and CEO of AirBoss. "It is also in response
to increased interest from U.S. and international investors in
AirBoss and reflective of the composition of our business:
approximately 90% of our sales in 2020 were from the U.S. and
international markets and our reporting currency is USD."
Dorsey & Whitney LLP acted as the company's OTCQX
sponsor.
About AirBoss of America Corp.
AirBoss of America
Corp. is a diversified developer, manufacturer and provider of
innovative survivability solutions, advanced custom rubber
compounds and finished rubber products that are designed to
outperform in the most challenging environments. Headquartered in
Newmarket, Ontario, we operate
facilities in Canada and in
the United States.
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
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SOURCE OTC Markets Group Inc.