OTCM - OTC Markets Group Welcomes Converge Technology Solutions Corporation to OTCQX
NEW YORK, May 6, 2019 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Converge Technology Solutions Corporation (TSX-V: CTS ; OTCQX: CTSDF; FSE: 0ZB), a company which is building a platform of regionally focused Hybrid IT solution providers that deliver best-of-breed solutions and services to clients, has qualified to trade on the OTCQX® Best Market. Converge Technology Solutions upgraded to OTCQX from the Pink® market.
Converge Technology Solutions begins trading today on OTCQX under the symbol "CTSDF." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"We are pleased to welcome Converge Technology Solutions Corporation to the OTCQX Best Market," said Jason Paltrowitz, EVP of Corporate Services at OTC Markets Group. "OTCQX companies must meet high financial standards, demonstrate compliance with U.S. securities laws, and have a professional third-party sponsor introduction. Upgrading to the OTCQX Market from the Pink Market is an important milestone, and we look forward to supporting Converge Technology as the company seeks to build visibility in the U.S."
"We are pleased to reach the milestone of trading on OTCQX, as this will make it easier for our U.S. employees and investors to invest in Converge by reducing the requirement of having a Canadian trading account," confirmed Shaun Maine, the CEO of Converge. "Additionally, the timing is favourable to allow the commencement of our employee stock purchase program that Converge Shareholders will be voting on at our Annual General Meeting on Thursday, May 9th."
Dorsey & Whitney LLP acted as the company's OTCQX sponsor.
About Converge Technology Solutions Corporation
Converge Technology Solutions is building a platform of regionally focused Hybrid IT solution providers that deliver best-of-breed solutions and services to clients. These capabilities are enhanced by advanced expertise in cloud solutions, artificial intelligence, blockchain, resiliency, and managed services, enabling Converge to address the business and IT challenges that public and private-sector organizations face today.
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 10,000 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
SOURCE OTC Markets Group Inc.