Roadmap to OTCQX Dual Listing: Top Tier Listing/No SEC Reporting Requirements

We are now going to build through a series of blog posts a Roadmap to Dual Listing on the OTCQX International Market using our firm as your PAL sponsor in the process.

Let’s begin.

Step One:  List on a qualified foreign exchange.

As noted by OTC Markets:  OTCQX International Market is reserved for global companies listed on a qualified stock exchange in their home country,

OTCQX International provides a U.S. marketplace for a company’s investors and a platform to efficiently expand their U.S. shareholder base. This requirement of listing on a qualified foreign exchange ensures that only those companies which have already complied with a qualified foreign stock exchange’s reporting are eligible.

YOUR JOB:  You need to determine if the foreign market on which your stock is already listed is qualified.  Set forth below are the qualified primary markets for countries we deal with:

Argentina Buenos Aires Stock Exchange
Australia ASX – Australian Securities Exchange
Austria Vienna Stock Exchange (Wiener Börse AG) – Official Market
Vienna Stock Exchange (Wiener Börse AG) – Second Regulated Market
Belgium Alternext Brussels
Euronext Brussels
Brazil BM&FBovespa
Canada Toronto Stock Exchange
TSX Venture Exchange
Chile Santiago Stock Exchange
China Hong Kong Stock Exchange – Main Board
Shanghai Stock Exchange
Shenzhen Stock Exchange
Colombia Bogota Stock Exchange
Denmark OMX Nordic Exchange Copenhagen
Egypt Egyptian Stock Exchange
Finland OMX Nordic Exchange Helsinki
France Alternext Paris
Euronext Paris
Germany Frankfurt Stock Exchange – Regulated Market – Prime
Frankfurt Stock Exchange – Regulated Market – General
Greece Athens Exchange
Hungary Budapest Stock Exchange
Iceland OMX Nordic Exchange Iceland
India Mumbai/Bombay Stock Exchange
Ireland Irish Stock Exchange
Israel Tel Aviv Stock Exchange (TASE)
Italy Borsa Italiana S.p.A
Japan Tokyo Stock Exchange
JASDAQ Securities Exchange – Standard
Osaka Securities Exchange – 1st Section
Osaka Securities Exchange – 2nd Section
Korea Korea Stock Exchange (KSE) – Main Board
Korea Stock Exchange (KSE) – KOSDAQ
Malaysia Malaysian Stock Exchange – Main Board
Mexico Bolsa Mexicana de Valores (Mexican Stock Exchange)
Netherlands Alternext Amsterdam
Euronext Amsterdam
New Zealand New Zealand Exchange
Norway Oslo Bors (Oslo Stock Exchange)
Peru Bolsa de Valores de Lima (Lima Stock Exchange)
Philippines Philippine Stock Exchange
Poland Warsaw Stock Exchange – Main Board
Portugal Euronext Lisbon
Russia MICEX – Moscow Interbank Currency Exchange
RTS – Russian Trading System Stock Exchange
Singapore Singapore Exchange
South Africa Johannesburg Stock Exchange
Spain Madrid Stock Exchange
Continuous Market
Sweden OMX Nordic Exchange Stockholm
Switzerland SWX Swiss Exchange
Thailand Stock Exchange of Thailand (SET)
Turkey Istanbul Stock Exchange – National Market
United Arab Emirates Dubai International Financial Exchange (DIFX)
United Kingdom London Stock Exchange (LSE) – Main Board
AIM Market
Venezuela Caracas Stock Exchange

WHAT’S THE NEXT STEP?:  All OTCQX International companies appoint a qualified, third-party  Principal American Liaison (PAL) sponsor to guide the admission process.

OUR JOB:  That’s us.  Stay tuned to the next blog for more information on how the DAD/PAL aspect of the program works.

We encourage you to stay tuned to our Blog and our LinkedIn posts in the coming weeks as we give you more steps in our Roadmap to the OTCQX International Market.  We are also interested in establishing strategic relationships within the confines of Florida Bar Rules governing attorney conduct with consultants in foreign countries to help us work with foreign companies that may want to take advantage of this exciting program.

If you are a foreign company interested in this program, or if you are a consultant to foreign companies looking for qualified U.S. SEC counsel, please contact us for more information.

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