Bowsprit Partners Achieves OTCQX and OTCQB Sponsor Status, Expanding Its International Footprint
September 8th, 2023 – Bowsprit Partners is excited to announce our recent approval as Sponsor of international companies for OTCQX and OTCQB, effective as of September 8th. This milestone marks a significant expansion of our services, reinforcing our commitment to fostering global business relationships.
As an OTC Markets Sponsor, Bowsprit Partners is now strategically positioned to guide international listed companies through the process of listing and trading on the OTCQX and OTCQB segments. Our approval as a Sponsor is a clear recognition of our team’s unwavering dedication, in-depth understanding of global capital markets, and our proven track record in managing complex cross-border transactions.
OTC Markets are home to more than 12,000 US and international securities, emphasising technology and transparency for efficient trading and informed decision-making.
Our international mindset, coupled with our deep-rooted expertise in navigating cross-border financial landscapes, aligns perfectly with the OTC Market’s ethos. Renowned for its robust listing criteria and investor-centric approach, the OTCQX Market demands high financial integrity and corporate governance standards from its listed companies, offering investors a layer of confidence in their investment choices.
Turning our focus to the OTCQB, this vibrant marketplace serves as a springboard for emerging and entrepreneurial companies. It is designed to offer a streamlined, cost-effective process for companies to access the U.S. capital markets while ensuring regulatory compliance and maintaining financial standards that promote investor trust.
Bowsprit Partners stands ready to utilise its seasoned experience and knowledge in assisting international companies to fulfill the diverse requirements of OTCQX or OTCQB listings. Our role extends beyond mere compliance, as we aim to unlock new opportunities for these companies to connect with an extensive network of U.S. market participants, traders and investors.
We extend heartfelt thanks to the OTC Markets Group for their invaluable assistance throughout our sponsorship application process. Bowsprit Partners eagerly anticipates a collaborative and fruitful relationship with the OTC team, as we embark on this new chapter, bringing international businesses closer to U.S. markets.