NEW YORK, Sept. 10, 2021 /PRNewswire/ -- OTC Markets Group
Inc. (OTCQX: OTCM), operator of financial markets for 11,000 U.S.
and global securities, today announced Ilika PLC. (LSE: IKA)
(OTCQX: ILIKF), a pioneer in solid state battery technology, has
qualified to trade on the OTCQX® Best Market. Ilika PLC. upgraded
to OTCQX from the Pink® market.
Ilika PLC. begins trading today on OTCQX under the symbol
"ILIKF." 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.
Graeme Purdy, Ilika plc CEO
commented, "We are very pleased to be graduating to the OTCQX
Market. This will provide our valued US investors with greater
liquidity and execution services through OTCQX. It will also help
us to build our visibility among US investors."
Galanopoulos & Company acted as the company's OTCQX
sponsor.
About Ilika PLC.
Ilika plc is a pioneer in solid state
battery technology with their innovative Stereax® micro batteries
designed for Industrial IoT and MedTech markets, and their Goliath
large format batteries for the electric vehicle and consumer
electronics markets. Stereax battery technology offers compelling
advantages over conventional lithium ion batteries, including
smaller footprint, high energy density, non-toxic materials, faster
charging, increased cycle life, low leakage and reduced
flammability. Stereax solid state batteries are also customisable
in shape and form, stackable and operational at high temperatures.
Goliath is Ilika's large format Wh-level technology being developed
for electric vehicles and consumer appliances.
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.