NEW YORK, June 29, 2015 /PRNewswire/ -- OTC Markets
Group Inc. (OTCQX: OTCM) is pleased to congratulate Concordia
Healthcare Corporation, a Canada-based specialty healthcare company, on
its NASDAQ listing. Prior to joining NASDAQ, Concordia traded
on the OTCQX® Best Marketplace operated by OTC Markets
Group.
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Since it joined OTCQX on January 29,
2014, Concordia's share price has increased 671% to over
$77 and its 90-day average daily
dollar volume has increased 550%. The company has a market
capitalization of over $2.1
billion.
"We are thrilled to congratulate Concordia Healthcare on its
graduation to NASDAQ from the OTCQX marketplace," said R. Cromwell Coulson, President and CEO of OTC
Markets Group.
"Trading on OTCQX enables Canadian and other foreign
exchange-listed companies to leverage their home country disclosure
to increase their profile with U.S. investors and grow their global
trade volume – whether they continue to trade on OTCQX or graduate
to a U.S. stock exchange listing. We are proud to have
contributed to Concordia's achievement of this important milestone
and wish the company continued success in the U.S. market."
OTC Markets Group is the global leader in exchange graduates,
advancing 83 companies to the New York Stock Exchange, NASDAQ and
NYSE MKT in 2014. More than 400 additional companies have
graduated from the marketplaces in the past four years.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates Open, Transparent
and Connected financial marketplaces for 10,000 U.S. and global
securities. Through our OTC Link® ATS, we directly link a
diverse network of broker-dealers that provide liquidity and
execution services for a wide spectrum of securities. We
organize these securities into marketplaces to inform investors of
opportunities and risks: the OTCQX® Best Marketplace; the OTCQB®
Venture Marketplace; and the OTC Pink® Open Marketplace. Our
data-driven platform enables investors to easily trade through the
broker of their choice at the best possible price and empowers a
broad range of companies to improve the quality and availability of
information for their investors. To learn more about how we
create better informed and more efficient financial marketplaces,
visit www.otcmarkets.com.
OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and
SEC regulated ATS.
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Media Contact:
Saskia
Sidenfaden, OTC Markets Group Inc., +1 (212) 896-4428,
saskia@otcmarkets.com
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/otc-markets-group-congratulates-concordia-healthcare-corporation-on-nasdaq-listing-300106323.html
SOURCE OTC Markets Group Inc.