OTC Markets Group Inc. (OTCMKTS: OTCM), operator of financial markets for 10,000 U.S. and global securities, has today announced that Aerkomm Inc. (OTCQX: AKOM), a holding company whose operating subsidiary is developing in-flight connectivity and entertainment, or IFEC, solutions, has qualified to trade on the OTCQX® Best Market. Aerkomm upgraded to OTCQX from the OTCQB® Venture Market.
Aerkomm begins trading today on OTCQX under the symbol AKOM. U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
Trading on OTCQX will enable Aerkomm to provide a transparent trading and information experience for investors as the company focuses on developing its business and delivering long-term value to shareholders,” said Jason Paltrowitz, Executive Vice President of OTC Markets Group. “We welcome Aerkomm to the OTCQX market and wish the company growth and success.
We are very excited about qualifying for trading on the OTCQX market,” said Peter Chiou, CEO of Aerkomm Inc. “Moving up to OTCQX is an important step in our company’s growth. Being traded on OTCQX will allow for greater exposure, accessibility, and liquidity from the investment community as we execute our business plan.
Aerkomm was sponsored for OTCQX by Bevilacqua PLLC, a qualified third-party law firm responsible for providing guidance on OTCQX requirements and recommending membership.