OTC Market definition
Examples of OTC Market in a sentence
If the Public Securities are quoted on the OTC Bulletin Board (or any successor trading market) or a market operated by the OTC Market Group Inc.
Until at least two (2) years after the Warrants have been exercised, the Company will use its commercial best efforts to continue the listing of the Common Stock on the OTC Market, and will comply in all respects with the Company's reporting, filing and other obligations under the bylaws or rules of the NASD and NASDAQ.
In general, the Over-The-Counter (OTC) Market is unregulated, there are no limitations on daily price movements (unless imposed by a government or central bank authority), no rules to regulate valuation or settlement procedures, and no minimum financial requirements for market participants.
Subject to the terms and conditions of this Agreement, upon designating the Company’s securities as OTCQB securities and for the duration of such designation as OTCQB, the Company shall be entitled to receive the OTC Disclosure & News Service, the Real-Time Level 2 Quote Display Service, and the OTC Market Report, to the extent such Services are available.
The Company's common stock is trading on the NASD Over-The-Counter Market ("OTC Market").