Core Viewpoint - Slam Corp., a special purpose acquisition company led by Alex Rodriguez, has qualified to trade on the OTCQX Best Market, transitioning from NASDAQ to OTCQX for its Class A ordinary shares, units, and warrants [1][2]. Group 1: Company Overview - Slam Corp. is established by Alex Rodriguez and Himanshu Gulati, focusing on investment opportunities in companies with large addressable markets, significant revenue growth, defensible business models, and superior market share [4]. - The company previously traded its Class A ordinary shares, units, and redeemable warrants on NASDAQ before moving to OTCQX [1]. Group 2: Market Information - Trading on the OTCQX Market provides companies with efficient and cost-effective access to U.S. capital markets, with streamlined requirements aimed at reducing the complexity of being publicly traded [3]. - Companies must meet high financial standards, adhere to best practice corporate governance, and comply with applicable securities laws to qualify for OTCQX [3]. Group 3: OTC Markets Group Inc. - OTC Markets Group Inc. operates regulated markets for trading 12,000 U.S. and international securities, with a focus on data-driven disclosure standards [5]. - The company provides critical market infrastructure through its OTC Link Alternative Trading Systems, facilitating trading for broker-dealers [6].
OTC Markets Group Welcomes Slam Corp. to OTCQX