Tiers of OTC Markets
OTC markets are mainly divided into three markets—the OTCQX, OTCQB, and OTC Pink. The OTC QX ranks the first in high listing requirements, OTCQB the second.
OTC Market Tiers
OTCQX International
OTCQX U.S.
OTCQB
OTC Pink
Companies already listed on an international exchange (Not penny stocks, shell company, or in bankruptcy).
Qualified smaller and growth companies (Not penny stocks, shell company, or in bankruptcy).
Entrepreneurial and development stage U.S. and
international companies (Not in bankruptcy).
Companies of all development stages, including penny stocks, shell companies, and companies in bankruptcy.
Types of companies
Asset requirements; Current regulatory disclosures.
Asset requirements; Current regulatory disclosures; Bid test.
Current regulatory disclosures; Bid test.
Low disclosure requirements.
Listing requirements