OTC Markets Group Welcomes PLAY MAGNUS AS to OTCQX
18 März 2022 - 12:00PM
OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets
for trading 12,000 U.S. and international securities, today
announced PLAY MAGNUS AS (OSL: PMG; OTCQX: PMGMF), a global leader
in the chess industry with an ecosystem of innovative digital
brands and services in the areas of elearning and entertainment,
has qualified to trade on the OTCQX® Best Market. PLAY MAGNUS AS
upgraded to OTCQX from the Pink® market.
PLAY MAGNUS AS begins trading today on OTCQX under the symbol
“PMGMF.” U.S. investors can find current financial disclosure and
Real-Time Level 2 quotes for the company on www.otcmarkets.com.
Upgrading to the OTCQX Market is an important step for 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.
Andreas Thome, CEO of Play Magnus Group said: “We are very
excited to begin trading on OTCQX. Chess is very popular in the
United States and is an important market for the growth of Play
Magnus. We are glad that our shares are becoming more accessible
and more investors can participate along our journey.”
Arctic Securities acted as the company’s OTCQX sponsor.
About PLAY MAGNUS GROUPThe Play Magnus Group is
an ecosystem of innovative digital brands and services focused on
delivering the best eLearning and entertainment experiences for
chess fans around the world. Through its leading brands, such as
Chessable, chess24 and Champions Chess Tour, Play Magnus Group
covers key areas of chess including play, watch, learn, and
compete.
About OTC Markets Group Inc.OTC Markets Group
Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000
U.S. and international securities. Our data-driven disclosure
standards form the foundation of our three public markets: OTCQX®
Best Market, OTCQB® Venture Market and Pink® Open Market.
Our OTC Link® Alternative Trading Systems (ATSs) provide
critical market infrastructure that broker-dealers rely on to
facilitate trading. Our innovative model offers companies more
efficient access to the U.S. financial markets.
OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC
regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered
broker-dealer, member SIPC.
To learn more about how we create better informed and more
efficient markets, visit www.otcmarkets.com.
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Media Contact:OTC Markets Group Inc., +1 (212)
896-4428, media@otcmarkets.com
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