Application Forms
The OTCQX platform provides a compelling U.S. cross-listing for a diverse range of companies. Companies apply to list and are screened prior to being approved for OTCQX. This issuer driven listing process sets OTCQX companies apart from all other companies in the OTC marketplace and is a signal of quality to investors.
The OTCQX listing process includes applications from the Company and the sponsoring Designated Advisor (PAL). The listing process can take as little as one week once companies have an OTC security quoted on Pink Quote and have appointed a PAL. The main steps in the Application Process are:
- Company Appoints a Designated Advisor, called a Principal American Liaison - or PAL (Either an ADR Bank, qualified Investment Bank or Attorney)
- Create a Level 1 ADR (not required for Canadian Companies)
- Obtain Priced Market Maker Quotations in Pink Quote
- Complete Listing Application, Listing Agreement, and Appointment of PAL forms, and submit to Pink OTC Markets
- Upload the past 2 years of public financials required by the home market exchange, in English, to the OTCQX website for investor access
- List company in a Recognized Securities Manual, such as Standard and Poor's or the Mergent Manual, so brokers can verify compliance with state Blue Sky laws and recommend the security to investors.
- Designated QX Advisor (PAL) submits Initial PAL Letter confirming that the company is in compliance with OTCQX Marketplace Rules
- Approval for Listing
