Concurrent Technologies Plc Commences Trading on OTCQX in the U.S.
Why we think this is good
The RNS announcement indicates that Concurrent Technologies Plc has been approved to trade on the OTCQX Best Market in the United States. This is a positive development as it will allow the company to better engage with U.S. investors and increase the visibility of the business. There are no major red flags or concerning insights identified in the information provided.
Key Points
- Concurrent Technologies Plc has been approved to trade on the OTCQX® Best Market in the United States
- Trading on OTCQX will commence on 13 February 2025 under the ticker symbol COTGF
- The company's ordinary shares will continue to trade on the AIM market of the London Stock Exchange
- The move is expected to enhance the company's visibility and expand its global reach
Summary
Concurrent Technologies Plc, a designer and manufacturer of computer products, systems, and mission-critical solutions, has been approved to trade on the OTCQX® Best Market in the United States. This will allow the company to better engage with U.S. investors, data distributors, and media partners, ensuring they have access to the same level of information and disclosure available to investors in the United Kingdom.