OTC Markets Group Welcomes TraWell Co SPA to OTCQX
December 01 2022 - 6:00AM
OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets
for 12,000 U.S. and international securities, today announced
TraWell Co SPA (Euronext Growth Milan: TWL; OTCQX: TRWAF), a
multinational company operating in the Airport Retail market, has
qualified to trade on the OTCQX® Best Market.
TraWell Co SPA begins trading today on OTCQX under the symbol
“TRWAF.” U.S. investors can find current financial disclosure and
Real-Time Level 2 quotes for the company on www.otcmarkets.com.
Trading on the OTCQX Market offers companies efficient,
cost-effective access to the U.S. capital markets. For companies
listed on a qualified international exchange, streamlined market
standards enable them to utilize their home market reporting to
make their information available in the U.S. To qualify for OTCQX,
companies must meet high financial standards, follow best practice
corporate governance, and demonstrate compliance with applicable
securities laws.
Chairman and CEO Rudolph Gentile: “TraWell Co. is proud to start
trading on the OTCQX Market. The company generates 50% of its
revenues in America and has seen growing interest by U.S.
investors. With a Net Result of 2 million dollars in first the half
of 2022, and the launch of the new strategic plan on October 18,
the company offers to investors a unique opportunity to capitalize
on the growth of air travel and passenger services worldwide.”
TraWell Co SPA has retained MCAP LLC to act as
the Company’s OTCQX advisor. MCAP is a US broker-dealer that
provides institutional securities services and electronic market
making. MCAP acted as the company’s OTCQX sponsor.
About TraWell Co SPATraWell Co is a
multinational Group operating in the Airport Retail Services. The
Group’s offerings include baggage wrapping, travel accessories,
baggage weighing, luggage tracking, and baggage lost & found
assistance. The company is also growing in wellness and medical
services for passengers.TraWell Co. operates 110 points of sales
across 34 airports and 1 bus station across 12 countries, including
the United States and Canada. TraWell Co. is listed on the
Milan Euronext Growth market.
About OTC Markets Group Inc.OTC Markets Group
Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000
U.S. and international securities. Our data-driven disclosure
standards form the foundation of our three public markets: OTCQX®
Best Market, OTCQB® Venture Market and Pink® Open Market.
Our OTC Link® Alternative Trading Systems (ATSs) provide
critical market infrastructure that broker-dealers rely on to
facilitate trading. Our innovative model offers companies more
efficient access to the U.S. financial markets.
OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC
regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered
broker-dealer, member SIPC.
To learn more about how we create better informed and more
efficient markets, visit www.otcmarkets.com.
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Media Contact:OTC Markets Group Inc., +1 (212)
896-4428, media@otcmarkets.com
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