Skylight Health Graduates to OTCQX® Market in the United States
- Skylight Health graduates to the highest tier of the OTC Markets offering greater visibility for the Company’s shares and improved liquidity
- Company will continue trading under U.S. ticker symbol (CBIIF) as the company works to update the ticker to align with Canadian Securities Exchange ticker SHG
- The Company remains DTC eligible to help provider investors easy access and liquidity in all jurisdictions
TORONTO, ON – December 2, 2020 – Skylight Health Group Inc. (formerly CB2 Insights) (CSE:SHG; OTCQX: CBIIF) (“Skylight Health” or the “Company”), one of the largest multi-specialty healthcare services in the United States, is pleased to announce that its common shares are now trading on the OTCQX® Market under the symbol “CBIIF”, having graduated from the OTCQB® Venture Market.
The OTCQX Best Market is OTC Markets Group’s premier market for established, investor-focused U.S. and international companies. To be eligible, companies must meet high financial standards, follow best practice corporate governance, demonstrate compliance with relevant U.S. securities laws, be current in their disclosure, and have an introduction from a professional third-party sponsor. Companies that are penny stocks, shells, or are in bankruptcy are excluded from trading on this tier. Skylight joins the top-tier OTC Market alongside names including Roche (OTCQX: RHHBF) and Deutsche Telecom (OTCQX: DTEGF).
“Graduating to the OTCQX Market is yet another milestone achieved as we continue to execute our focused growth plan of becoming one of the largest US integrated healthcare systems,” said Prad Sekar, CEO of Skylight Health. “Having our shares traded on the top-tier of the OTC Markets in the US is a testament to Skylight’s successful transition from a venture company to a fast-growing US healthcare company. Graduating today to the OTCQX is a welcome progression offering our shareholders increased cross-border liquidity as well as further increasing our visibility and shareholder exposure in the United States.”
Skylight Health’s common shares continue to trade on the Canadian Securities Exchange under the symbol CSE:SHG.