OTC Markets Group Inc., operator of financial markets for 11,000 U.S. and global securities, announced Cogstate Ltd., a cognitive science and technology company publicly listed on the Australian Securities Exchange, has qualified to trade on the OTCQX Best Market. Cogstate Ltd. upgraded to OTCQX from the Pink market.
Cogstate Ltd. begins trading on OTCQX under the symbol “COGZF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company.
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Upgrading to the OTCQX Market is an important step for established U.S. and international 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.
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Brad O’Connor, Managing Director and CEO of Cogstate stated, “We are pleased to expand our visibility among U.S. investors. The OTCQX Best Market allows Cogstate to leverage our existing financial disclosures and presentations for a US based audience and provides sponsored real-time quotes for those investors, without the imposition of significant additional costs.”
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