Wishpond Commences Trading on The OTCQB Venture Market
High-growth digital marketing technology company adds OCTQB listing to capitalize on customer and investor interest in the United States.
VANCOUVER, BC, May 12, 2021 – /CNW/ – Wishpond Technologies Ltd. (TSXV: WISH, OTCQB: WPNDF) (“Wishpond” or the “Company”), a provider of “all-in-one” digital marketing solutions that empower businesses to achieve success online, is pleased to announce that it has received approval to begin trading on the OTCQB Venture Market (“OTCQB“). Shares of Wishpond will trade under the ticker “WPNDF” as of May 12, 2021. The OTCQB is a Venture Market that was established as a premier market for early-stage and developing U.S. and international companies to gain exposure to a wider network of investors.
“We are very excited to be expanding our U.S. capital markets strategy and for the opportunities the OTCQB provides to Wishpond’s current and prospective shareholders. In 2020, Wishpond accomplished record annual revenues and commenced trading on the TSX Venture Exchange and has already closed two acquisitions in 2021.” said Ali Tajskandar, Wishpond’s Chairman and CEO. “As we continue to expand our product offerings through strategic acquisitions, we expect our ambitious growth plans to be facilitated by broadening our investor community and increasing our liquidity in the North American markets.”
Over the last three years, Wishpond has achieved an average year-over-year growth rate of 40%+, and is projected to grow more than 70% in 2021 due to Wishpond’s aggressive acquisition and sales expansion strategy. The market for Wishpond’s solutions is large on a global scale as countless small businesses look for ways to start and expand their online sales efforts. In the last year, Wishpond has been a key partner of 2,900+ businesses helping them achieve success online. Currently, 70% of Wishpond’s customers are from the U.S.
U.S. investors can find real-time quotes and market information for the Company at https://www.otcmarkets.com/stock/WPNDF/overview. U.S. investors can learn more about Wishpond’s exciting growth story at – https://www.wishpond.com/investors/. There will be no change to Wishpond’s trading under the TSX Venture Exchange symbol “WISH”.