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Dienstag, 29.09.2015 21:10 von | Aufrufe: 2836

OTC Markets Group Congratulates WMIH Corp. on NASDAQ Listing

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PR Newswire

NEW YORK, Sept. 29, 2015 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM) is pleased to congratulate WMIH Corp., the parent company of WM Mortgage Reinsurance Company, Inc. and WMI Investment Corp. and successor to Washington Mutual, Inc., on its NASDAQ listing.  WMIH previously traded on the OTCQB® Venture Market operated by OTC Markets Group. 

In its three years on OTCQB, WMIH's share price rose 438% and its average daily dollar volume increased more than 780%.  The company has a market capitalization of $554.6 million.

"We applaud WMIH on its graduation to the Nasdaq Capital Market and are proud to have supported the company for the past few years," said Jason Paltrowitz, Executive Vice President - Corporate Services of OTC Markets Group.  "Our OTCQX Best and OTCQB Venture Markets allow companies like WMIH Corp. to provide an efficient and transparent public trading market for their investors as they recover their businesses and potentially re-list on a national stock exchange."

WMIH is the 45th company to graduate to a U.S. stock exchange this year.  Other 2015 graduates include: Aethlon Medical, Inc., Eyegate Pharmaceuticals Inc. and Xcel Brands, Inc.

OTC Markets Group is a global leader in exchange graduates, advancing more than 400 companies to the New York Stock Exchange, NASDAQ and NYSE MKT in the past nine years. 

About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates Open, Transparent and Connected financial markets for 10,000 U.S. and global securities.  Through our OTC Link® ATS, we directly link a diverse network of broker-dealers that provide liquidity and execution services for a wide spectrum of securities.  We organize these securities into markets to inform investors of opportunities and risks: the OTCQX® Best Market; the OTCQB® Venture Market; and the OTC Pink® Open Market.  Our data-driven platform enables investors to easily trade through the broker of their choice at the best possible price and empowers a broad range of companies to improve the quality and availability of information for their investors.  To learn more about how we create better informed and more efficient financial markets, visit www.otcmarkets.com.


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Media Contact:
Saskia Sidenfaden, OTC Markets Group Inc., +1 (212) 896-4428, saskia@otcmarkets.com

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/otc-markets-group-congratulates-wmih-corp-on-nasdaq-listing-300150969.html

SOURCE OTC Markets Group Inc.

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