- AirBoss (BOS) announces the commencement of trading on OTCQX® best market in the United States
- As a verified market with efficient access for U.S. investors, OTCQX helps companies build shareholder value with the goal of enhancing liquidity and achieving a fair valuation
- The company’s Shares will continue to trade on the TSX under the symbol “BOS” and will trade on the OTCQX® under the symbol “ABSSF”
- AirBoss of America is a leading developer, manufacturer and provider of innovative survivability solutions, custom rubber compounds and finished rubber products
- AirBoss of America Corp. (BOS) is up 0.27 per cent, trading at C$36.96 at 11:52 am ET
AirBoss of America Corp. (BOS) common shares is now qualified for trading under the ticker symbol ABSSF on the OTCQX® Best Market.
“Our decision to cross-trade in the U.S. is part of our strategy to expand our international shareholder base, increase trading liquidity and facilitate greater access and trading capability in our Shares for both institutional and retail investors,” stated Gren Schoch, Chairman and CEO of AirBoss.
“It is also in response to increased interest from U.S. and international investors in AirBoss and reflective of the composition of our business: approximately 90 per cent of our sales in 2020 were from the U.S. and international markets and our reporting currency is USD,” added Schoch.
The OTCQX is recognized by the U.S. Securities and Exchange Commission as an established public market providing public information for analysis and value of securities.
As a verified market with efficient access for U.S. investors, OTCQX helps companies build shareholder value with a goal of enhancing liquidity and achieving a fair valuation.
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.
The company’s shares will continue to trade on the TSX under the symbol BOS and will trade on the OTCQX® under the symbol ABSSF.
AirBoss of America is a leading and diversified developer, manufacturer and provider of innovative survivability solutions, advanced custom rubber compounds and finished rubber products that are designed to outperform in the most challenging environments.
Founded in 1989, the company operates through three divisions. AirBoss Defense Group is a global leader in personal and respiratory protective equipment and technology for the defense, healthcare, medical and first responder communities.
AirBoss Rubber Solutions is a top-tier North American custom rubber compounder with 500 million turn pounds of annual capacity.
AirBoss of America Corp. (BOS) is up 0.27 per cent, trading at C$36.96 at 11:52 am ET.