
Fourth Quarter 2017 OTC Graduate Report
Sixteen issuers uplisted from the OTC Markets to a senior exchange in the fourth quarter of 2017. The majority of graduates were revenue generating companies listed on the OTCPINK. M&A played a critical role in 37% of this quarter's graduates' growth. Acquisitions were particularly impactful for RumbleON, Inc. (NASDAQ: RMBL) and Ameri Holdings, Inc. (NASDAQ: AMRH). See the full list of Q4 2017 OTC Graduates Below. Fourth Quarter 2017 OTC Graduate Report: October 2, 2017 -- FC

Third Quarter 2017 -- OTC MicroCap M&A Report
In the third quarter of 2017, 102 microcap issuers listed on the OTCQX, OTCQB, or OTCPINK announced M&A transactions. The combined disclosed transaction value of these 102 transactions was over $560 million. Average individual transaction value for the quarter was $14 million. In Q3, average disclosed purchase consideration consisted of 42% cash, 52% stock and 6% seller debt. Full list of last quarter's acquirers below. Q2 2017 - OTC MicroCap M&A: Nouveau Monde Graphite Inc

Third Quarter 2017 OTC Graduate Report
Fifteen issuers uplisted from the OTC Markets to a senior exchange in the third quarter of 2017. The majority of graduates were revenue generating companies listed on the OTCQB. M&A played a critical role in 47% of this quarter's graduates' growth. Acquisitions were particularly impactful for Aspen Group Inc. (NASDAQ: ASPU) and Eastside Distilling, Inc. (NASDAQ: ESDI). See the full list of Q3 2017 OTC Graduates Below. Third Quarter 2017 OTC Graduate Report: July 11, 2017 - Si

Second Quarter 2017 -- OTC MicroCap M&A Report
In the second quarter of 2017, 184 microcap issuers listed on the OTCQX, OTCQB, or OTCPINK announced M&A transactions. The combined disclosed transaction value of these 184 transactions was over $838 million. Average individual transaction value for the quarter was $15 million. In Q2, average disclosed purchase consideration consisted of 48% cash, 47% stock and 5% seller debt. Full list of last quarter's acquirers below. Q2 2017 - OTC MicroCap M&A: LICO ENERGY METALS INC.

Second Quarter 2017 OTC Graduate Report
Seventeen issuers uplisted from the OTC Markets to a senior exchange in the second quarter of 2017. The majority of graduates were revenue generating companies listed on the OTCQX. M&A played a critical role in 41% of this quarter's graduates' growth. Acquisitions were particularly impactful for Youngevity International, Inc. (NASDAQ: YGYI). Youngevity International, Inc. (NASDAQ: YGYI) completed over ten acquisitions since January 2015. YGYI common stock traded on the OTCQX

First Quarter 2017 -- OTC MicroCap M&A Report
In the first quarter of 2017, 121 microcap issuers listed on the OTCQX, OTCQB, or OTCPINK announced M&A transactions. The combined disclosed transaction value of these 121 transactions was over $280 million. Average individual transaction value for the quarter was $6.5 million. In Q1, average disclosed purchase consideration consisted of 42% cash, 29% stock and 29% seller debt. Full list of last quarter's acquirers below. Q1 2017 - OTC MicroCap M&A: Invictus MD Strategies Co

First Quarter 2017 OTC Graduate Report
Fifteen issuers uplisted from the OTC Markets to a senior exchange in the first quarter of 2017. The majority of graduates were revenue generating companies listed on the OTCQB. M&A played a critical role in over 50% of this quarter's graduates' growth. Acquisitions were particularly impactful for Meridian Waste Solutions, Inc. (NASDAQ: MRDN), New Age Beverages Corporation (NASDAQ: NBEV), and AUXILIO, Inc. (NYSE Mkt: AUXO). After completing its first 'platform' acquisition in

OTC MicroCap Acquirers -- November 2016
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

OTC MicroCap Acquirers -- October 2016
With 19 acquisition announcements made by OTC PINK, QB, and QX micro-cap issuers, October was a relatively slow month for microcap M&A.
Disclosed transaction value for the month exceeded $145 million. The majority of consideration for September acquisitions was cash (approx. $130 million).
See the full list of October OTC micro-cap issuers working on acquisitions below.
OTC MicroCap Acquisitions - October 2016 Crownia Holdings Ltd (OTCQB: CWNHF) CROWNIA HOLDINGS S

OTC MicroCap Acquirers -- September 2016
With 26 acquisition announcements made by OTC PINK, QB, and QX micro-cap issuers, September was a relatively slow month for microcap M&A.
Disclosed transaction value for the month exceeded $166 million. The majority of consideration for September acquisitions was stock (approx. $111 million).
See the full list of September OTC micro-cap issuers working on acquisitions below.
OTC MicroCap Acquisitions - September 2016 Brazil Resources Inc. (OTCQX: BRIZF) Brazil Res