On January 23, OTC Markets Group announced the fourth quarter performance and re-balance of their OTCQB Venture Index (in addition to their other indices). The OTCQB Venture Index (.OTCQB), which tracks the overall OTCQB Venture Market, was up 13.2% in the fourth quarter and down 3.4% for the full year 2016. One hundred six companies (106) were added to the .OTCQB index in Q4 and one hundred two (102) companies were removed. The OTCQB Venture Index currently consist of 581 is
The number of publicly traded U.S. companies peaked in 1996 at 7,322. Today there are just over 3,700, according to data from Wilshire Associates (data does not incldue the nearly 10,000 securities traded on the OTC Markets). The U.S. population has risen nearly 50% since 1975, and real GDP has tripled. But the number of public companies has declined 21%. Companies that do go public are waiting longer to do so. According to research from Wellington Management, “Companies are
Thirteen (13) issuers uplisted from the OTC Markets to a senior exchange in the fourth quarter of 2016.
Twelve (12) jumped from the OTC to the NASDAQ with one (1) issuers joining the NYSE. Nine out of thirteen (9/13) graduates uplisted from the QB tier of the OTC Markets. Congratulations to all of the Q4 2016 OTC graduates from the entire Acquis Team! 4th Quarter 2016 OTC Markets Graduate Report: HomeTown Bankshares Corporation (NASDAQ: HMTA)
October 12, 2016 -- OTCPINK t
With 46 acquisition announcements made by OTC PINK, QB, and QX micro-cap issuers, November was a relatively active month for microcap M&A.
Disclosed transaction value for the month exceeded $300 million. The majority of consideration for November acquisitions was cash (approx. $195 million).
See the full list of November OTC micro-cap issuers working on acquisitions below.
OTC MicroCap Acquisitions - November 2016 Commencement Bank (WA) (OTCQX: CBWA) Commencement
Acquis Global Investments, LLC (“AGI”), an Acquis Capital company, is scheduled to attend the Vibrant Gujarat 8th Annual Global Summit held January 9-13, 2017 in Gujarat, India. AGI is seeking qualified small and medium enterprises for investment and advisory services. “The size of the Indian market, changes in regulation, and the growth rate of India’s economy have us very excited about Indian startups and SMEs” said Sam Kotch, managing member of AGI. “We look forward to pro