Team Internet Group PLC (AIM:TIG) has been upgraded to trading on the OTCQX Best Market from the Pink Market.
Having met the market’s financial standards and corporate governance rules, OTC Global Markets welcomed the London–based internet solutions group on Tuesday, which will trade under the ‘TIGXF’ ticker.
“This move reflects our robust performance and the investor confidence we have been fortunate to build, especially within the US, over the past year,” chief executive Michael Riedl commented.
“We recognize the importance of making our shares more accessible and appealing to US investors, and qualifying to trade on OTCQX is a strategic step in that direction.”
Riedl reinforced the firm’s plans to grow value and expand its footprint into the US, which accounts for almost 50% of Team Internet’s revenue.
“We are eager to welcome new investors and invite them to join us in this exciting journey,” he added.