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New OTCQB $0.01 Bid Price Requirement Effective May 1; International Exchange-Listed Companies Now Eligible for Trading
May 01, 2014
OTC Disclosure & News Service
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As part of planned changes to the OTCQB marketplace, effective May 1, 239 securities were downgraded from OTCQB. These companies did not meet the new bid price requirement of $0.01 on at least one of the past 30 days or are undergoing bankruptcy or reorganization.