NEW YORK, July 28, 2021 / PRNewswire / – OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 11,000 U.S. and global stocks, today announced Blackbird plc (LSE: BIRD; OTCQX: BBRDF), which operates in the fast-growing SaaS and cloud video market, has qualified for trading on the OTCQX® Best Market. Blackbird plc has been updated from the Pink® market to OTCQX.
Blackbird plc begins trading today on the OTCQX under the symbol “BBRDF”. US investors can visit www.otcmarkets.com to find the latest financial information and real-time Level 2 quotes for the company.
Upgrading to the OTCQX market is an important step for companies looking to enable their US investors to trade transparently. Companies that are listed on a qualified international stock exchange enable them, through optimized market standards, to use their home market reporting to make their information available in the USA. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and comply with applicable securities laws.
Ian McDonough, Chief Executive of Blackbird plc, said, “We are very excited to start trading on the OTCQX Best Market. Cross-trading is a fantastic opportunity to attract investments in Blackbird for the North American investing community. Blackbird is a fast growing, innovative company and disruptive media technology company. The company owns significant intellectual property and provides an advanced platform in the rapidly growing cloud-native video editing market. In addition, the recent Video Shouldn’t Cost the Earth report showed that Blackbird’s workflow is 91% % More CO2 efficient than cloud workflows from traditional non-linear editor platforms.
“We have had strong sales growth recently with high profile North American clients. We welcome the opportunity to share our rapidly evolving and exciting story on both the US and UK stages.”
B. Riley Securities, Inc. acted as the company’s OTCQX sponsor.
About Blackbird plc
Blackbird plc operates in the fast growing SaaS and cloud video market. It created Blackbird®, the world’s most advanced suite of cloud-native computing applications for video, all supported by its lightning-fast codec. Blackbird plc’s patented technology enables frame-accurate navigation, playback, viewing and editing in the cloud. Blackbird® enables multiple applications used by rights holders, broadcasters, sports and news video specialists, esports, live events and content owners, post production houses, other mass market digital video channels and businesses.
Because it is cloud-native, Blackbird® eliminates the need for expensive high-end workstations and can be used from almost anywhere on almost any device. It also enables full digital content visibility in multiple locations, reduces time to market for live content such as video clips and highlights for digital distribution, and ultimately results in much more effective monetization.
Blackbird® is a registered trademark of Blackbird plc.
About the OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market, and the Pink® Open Market for 11,000 US and global stocks. Via OTC Link® ATS and OTC Link ECN, we connect a diverse network of broker-dealers who offer liquidity and execution services. We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of the information available to investors.
To learn more about how we are creating better informed and more efficient markets, visit www.otcmarkets.com.
OTC Link ATS and OTC Link ECN are SEC regulated ATS operated by OTC Link LLC, a member of FINRA / SIPC.
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OTC Markets Group Inc., +1 (212) 896-4428, [email protected]
SOURCE OTC Markets Group Inc.