
Core Insights - City of London Investment Group PLC has qualified to trade on the OTCQX® Best Market, upgrading from the Pink® market, which enhances its visibility and accessibility to U.S. investors [1][2] - The upgrade is expected to increase market liquidity and broaden the shareholder base in the U.S., aligning with the company's strategic growth objectives [2] Company Overview - City of London Investment Group PLC is a U.K.-based asset management company with two wholly owned subsidiaries focused on investing primarily in closed-end funds [3] - The company operates through City of London Investment Management Company Limited, which specializes in Emerging Markets and has expanded to include International, Opportunistic Value, and Frontier strategies [3] - Karpus Investment Management provides closed-end fund strategies across all asset classes to wealth management clients in the U.S., serving a long-term client base that includes pension funds and institutional money managers [3] Market Context - OTC Markets Group Inc. operates regulated markets for trading 12,000 U.S. and international securities, with a focus on providing transparent trading for companies listed on qualified international exchanges [4][5] - The OTCQX Market is designed for companies that meet high financial standards and adhere to best practice corporate governance, facilitating access to U.S. financial markets [2][4]