NEW YORK, May 17, 2021 /CNW/ - OTC Markets
Group Inc. (OTCQX: OTCM), operator of financial markets for
11,000 U.S. and global securities, today announced The Caldwell
Partners International Inc. (TSX: CWL) (OTCQX: CWLPF), a
technology-powered talent acquisition firm, has qualified to trade
on the OTCQX® Best Market. The company upgraded to OTCQX from the
Pink® market.
Caldwell Partners International Inc. begins trading today on
OTCQX under the symbol "CWLPF." U.S. investors can find
current financial disclosure and Real-Time Level 2 quotes for the
company on www.otcmarkets.com.
Upgrading to the OTCQX Market is an important step for companies
seeking to provide transparent trading for their U.S.
investors. 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.
"Upgrading to the OTCQX market is an important step for our
firm, our employees and our shareholders," said John Wallace, chief executive officer of
Caldwell Partners International Inc. "The
United States has been an important market for us and the
primary source of our growth since we entered it in 2009.Through
the first half of F'21, more than 80% of the firm's total revenues
were generated in the US. As we continue to transform into a high
growth technology-powered talent acquisition firm, we expect that a
growing number of US shareholders will be interested in Caldwell as
an investment opportunity, so facilitating easier trading for them
has been an important goal for us."
Securities Law USA, PLLC acted
as the company's OTCQX sponsor.
About Caldwell Partners International Inc.
Caldwell Partners is a technology-powered talent acquisition
firm specializing in recruitment at all levels. Through two
distinct brands – Caldwell and IQTalent Partners – the firm
leverages the latest innovations in AI to offer an integrated
spectrum of services delivered by teams with deep knowledge in
their respective areas. Services include candidate research and
sourcing through to full recruitment at the professional, executive
and board levels, as well as a suite of talent strategy and
assessment tools that can help clients hire the right people, then
manage and inspire them to achieve maximum business results.
Caldwell Partners' common shares are listed on The Toronto Stock
Exchange (TSX: CWL) and trade on the OTCQX Market (OTCQX: CWLPF).
Please visit our website at www.caldwellpartners.com for further
information.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX®
Best Market, the OTCQB® Venture Market and the Pink® Open Market
for 11,000 U.S. and global securities. Through OTC Link® ATS
and OTC Link ECN, we connect a diverse network of broker-dealers
that provide liquidity and execution services. We enable
investors to easily trade through the broker of their choice and
empower companies to improve the quality of information available
for investors.
To learn more about how we create better informed and more
efficient markets, visit www.otcmarkets.com.
OTC Link ATS and OTC Link ECN are SEC regulated ATSs, operated
by OTC Link LLC, member FINRA/SIPC.
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SOURCE The Caldwell Partners International Inc.