Concurrent Technologies Plc Joins OTCQX for Global Trading
Concurrent Technologies Plc Joins OTCQX
NEW YORK, Feb. 13, 2025 — OTC Markets Group Inc. (OTCQX: OTCM), known for operating regulated markets for trading over 12,000 U.S. and international securities, has exciting news. Concurrent Technologies Plc (LSE: CNC; OTCQX: COTGF), a notable designer and manufacturer specializing in advanced computer products, has successfully qualified to trade on the OTCQX Best Market. This upgrade marks a significant transition from the previous Pink market, reflecting the company's growth and commitment to transparency.
Trading Information for U.S. Investors
As of today, Concurrent Technologies Plc is trading on OTCQX under the ticker symbol “COTGF.” This development opens the door for U.S. investors, allowing them to access current financial disclosures. They can also find Real-Time Level 2 quotes for the company, enhancing investment decisions.
Importance of the OTCQX Market
The move to OTCQX is vital for companies aiming to offer transparent trading options to their investors in the U.S. Companies listed on a reputable international exchange can leverage streamlined standards of the OTCQX market, utilizing their home country’s reporting to ensure that their information is accessible in the U.S. To qualify for OTCQX, companies must adhere to strict financial standards, demonstrate exemplary corporate governance, and comply with all applicable securities laws.
Insights from the CEO
Miles Adcock, the CEO of Concurrent Technologies Plc, shared his thoughts on the upgrade: “With our operations based in major U.S. cities and a growing workforce, America represents a crucial market for our business. It is our largest and fastest-growing sales region. Providing access to our stock for domestic investors and employees is a significant step toward aligning our interests as we aim for continued success.”
About Concurrent Technologies Plc
Concurrent Technologies Plc is a leader in the development and manufacturing of high-performance embedded plug-in cards and systems. Their products are utilized in a diverse array of sectors, including telecommunications, defense, security, telemetry, scientific, and aerospace markets. Notably, they also manufacture solutions for extremely demanding environments. The processor offerings feature advanced Intel processors, including the latest generation embedded Intel Core, Xeon, and Atom processors. These products are designed to comply with industry specifications and support a variety of today's leading embedded operating systems, ensuring robust performance and reliability.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) is dedicated to operating regulated markets that facilitate the trading of both U.S. and international securities. Their data-driven disclosure standards underpin their three public markets: OTCQX Best Market, OTCQB Venture Market, and Pink Open Market, providing varied options for investors and companies alike.
Media Contact Information
For additional information, please contact OTC Markets Group Inc. at +1 (212) 896-4428 or via email at media@otcmarkets.com.
Frequently Asked Questions
What does it mean for Concurrent Technologies Plc to join OTCQX?
Joining OTCQX implies that Concurrent Technologies Plc now adheres to higher financial standards, ensuring transparency and accessibility for U.S. investors.
How can U.S. investors track Concurrent Technologies Plc?
U.S. investors can track the company through Real-Time Level 2 quotes and financial disclosures available on their trading platform on OTCQX.
What industries does Concurrent Technologies Plc operate in?
Concurrent Technologies Plc operates in various sectors, including telecommunications, defense, security, telemetry, scientific, and aerospace markets.
What types of products does Concurrent Technologies Plc manufacture?
The company manufactures high-performance embedded plug-in cards and systems designed for demanding applications, featuring advanced Intel processors.
How can I find more information about OTC Markets Group Inc.?
For more information, visit their official website or contact their media relations at the provided contact details.
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