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.
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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.
OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and
SEC regulated ATS.
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Media Contact:
Saskia
Sidenfaden, OTC Markets Group Inc., +1 (212) 896-4428,
saskia@otcmarkets.com
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SOURCE OTC Markets Group Inc.