Skip to main content
The Markets by Proactive
Go to Proactive UK
Proactive UK has moved. Proactive’s coverage of London’s small caps continues on proactiveinvestors.com Go there →
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Financial Services

GS Chain starts trading on US OTCQB Venture Market

GS Chain said its shares have started trading today on the US OTCQB Venture Market under the ticker GSCHF.

There was no associated capital raise with this cross-trading and GS Chain's ordinary shares will continue to trade on its primary listing, the Main Market of the London Stock Exchange under the ticker GSC, the investment company added.

Cross-trading on the OTCQB market allows the company to access one of the world's largest investment markets to expand its reach into a broader pool of investors.

Alan Austin, chief executive, commented: "Following our successful listing in May 2022, we are looking to offer our shareholders increased liquidity and trading options.

"Joining the OTCQB market provides us with access to investors in a major market with minimal ongoing associated costs, significantly increasing our exposure and trading liquidity with no additional reporting requirements."

Brian Stockbridge, CEO of First Sentinel Corporate Finance, added: "As advisor to GS Chain, we recognised that improving investor outreach and developing a broader shareholder base within the United States would be crucial to GS Chain in meeting its growth targets.

“Thus, we recommended a cross-trade on OTC as an easy step in accomplishing this."

Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK