CPHRF - Will Uplisting Be the Catalyst to Send Shares of this Pharma Company Higher?

2024-01-29 13:17:09 ET

This specialty %Pharma company uplisted to OTCQX Best Market ("OTCQX") under the symbol "CPHRF." The OTCQX is the highest market tier of OTC Markets, with 12,000 U.S. and global securities trading. %CipherPharmaceuticals (TSX: CPH) (OTC: CPHRF) announced in a press release today the trading of its common shares on the OTCQX.

The OTCQX Market is intended for established, investor-focused U.S. and international companies. Companies must meet prescribed financial standards, follow best practice corporate governance guidelines, and demonstrate compliance with applicable securities laws to meet requirements. An uplist to the OTCQX Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors.

Trading on the OTCQX will enhance the visibility and accessibility of the company to U.S. investors. Cipher's common shares will continue to trade on the Toronto Stock Exchange ("TSX") under the symbol "CPH".