NEW YORK, May 13, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced BioLargo, Inc. (OTCQX: BLGO), a company that creates and commercializes sustainable technologies to solve tough environmental and cleantech challenges, has qualified to trade on the OTCQX® Best Market. BioLargo, Inc. upgraded to OTCQX from the OTCQB® Venture Market.
BioLargo, Inc. begins trading today on OTCQX under the symbol "BLGO." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
The OTCQX Market provides investors with a premium U.S. public market to research and trade the shares of investor-focused companies. Graduating to the OTCQX Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.
Dennis P. Calvert, President and CEO of BioLargo, Inc., commented on the move to OTCQX, "With the dramatic increase in our revenues and growth of our operations over the last three years, we are constantly seeking to improve every aspect of our company. Upgrading to OTCQX is a natural next step, and highlights our optimism about our future."
Corporate Securities Legal LLP acted as the company's OTCQX sponsor.
About BioLargo, Inc.
BioLargo, Inc. (www.BioLargo.com) invents, develops, and commercializes innovative platform technologies to solve challenging environmental problems like PFAS contamination, advanced water and wastewater treatment, industrial odor and VOC control, air quality control, and infection control. With over thirteen years of extensive R&D, BLGO holds a wide array of issued patents, maintains a robust pipeline of products, and provides full-service environmental engineering. Our peer-reviewed scientific approach allows us to invent or acquire novel technologies and develop them to maturity through our operating subsidiaries. With a keen emphasis on collaborations with academic, municipal, and commercial organizations and associations, BLGO has proven itself with over 80 awarded grants and numerous pilot projects. We monetize through direct sales, recurring service contracts, licensing agreements, strategic joint venture formation and/or the sale of the IP. Several of our technologies are commercially available and are advancing as disrupters in their respective markets.
About OTC Markets Group Inc.
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