Autoscope Technologies Corporation Joins OTCQX Best Market
Autoscope Technologies Corporation, a global company focused on improving safety and efficiency for cities and highways, has qualified to trade on the OTCQX Best Market, operated by O
Autoscope Technologies Corporation, a global company focused on improving safety and efficiency for cities and highways, has qualified to trade on the OTCQX Best Market, operated by O
Autoscope Technologies Corporation Joins OTCQX Best Market
Autoscope Technologies Corporation, a global company dedicated to improving safety and efficiency for cities and highways, has qualified to trade on the OTCQX® Best Market. The company previously traded on NASDAQ but will now begin trading today on OTCQX under the symbol “AATC.” This market offers companies efficient and cost-effective access to the U.S. capital markets. Streamlined market requirements for OTCQX are designed to help companies lower the cost and complexity of being publicly traded while providing transparent trading for their investors.
Trading on the OTCQX Market requires companies to meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. Autoscope Technologies Corporation meets these requirements and is excited to commence trading on this market. According to Frank Hallowell, Interim Chief Executive Officer for Autoscope Technologies Corporation, “The decision to start trading on the OTCQX Market should result in a benefit to the Company’s shareholders by reducing expenses and permitting management to focus on operating and growing the company.”
The move from NASDAQ to OTCQX is expected to reduce expenses for Autoscope Technologies Corporation while allowing management to focus more closely on growing the business. The company is committed to delivering shareholder value and looks forward to offering investors the opportunity to invest strategically in technology and engineering companies.
Autoscope Technologies Corporation is headquartered in Minneapolis, Minnesota, and provides Intelligent Transportation Systems (ITS) professionals with more precise and accurate information through above-ground detection technology, applications, and solutions. This includes real-time reaction capabilities as well as in-depth analytics that enable ITS professionals to make more confident and proactive decisions.