We Help Icelandic Companies Become Listed on the U.S. Stock Market

Access U.S. Investors - Increase trading volume - Global visibility

New Iceland Advisors is an Approved OTC Markets Advisor & Principal American Liaison (PAL) for Icelandic Companies

Nordic Companies Listed on OTC Markets

33

Companies Listed

$200B+

Market Cap

26%+

Avg Trading Volume Increase

Nordic OTC Markets

See all Nordic companies listed on OTC Markets

Q&A on OTC Markets:

What is OTC Markets and how does it work? 

OTC Markets Group Inc. (OTCQX: OTCM) operates an electronic platform facilitating trading for over 12,000 U.S. and global securities, with a combined market cap exceeding $22.6 trillion and an annual trading volume of over $500 billion.

Their platform provides access to securities across industries like mining, financial services, energy, utilities, telecom, media, and biotech, supported by a network of broker-dealers via the OTC Market ATS. The market is divided into three tiers based on transparency, company size, and investor engagement: OTCQX, OTCQB, and OTC Pink.

What are the main benefits of trading their stock in the US for Icelandic companies?

The main benefit for Icelandic companies trading on OTC Markets is gaining a freely tradable security with a U.S. ticker symbol and USD share quote, accessible to U.S. investors via their brokers. This can be achieved without additional U.S. regulatory or legal compliance.

1. U.S. ownership increased significantly on home market exchange

2. Trading volume by number of shares increased 26% within the home market
• Home market trading volume of firms falling into the lower half by size increased 43%
• Home market trading volume of firms falling into the upper half by size increased 12%

3. Trading volume by number of shares increased 67% within the OTC market (Ordinary share and Y share)

4. Increase in valuation created within home market

Are Other Nordic Companies Listed on OTC Markets?

Nearly 30 listed Nordic companies now leverage the OTCQX and OTCQB Markets as their global gateway to U.S. investors. In a more challenging economic environment OTCQX's efficient and regulated platform offers a seamless route to diversify a company's shareholder base and simplify their global investor relations program. This case study explores how Nordic companies have used OTCQX and OTCQB to access the US markets without altering their regulatory requirements.

Is cross-border trading complicated?

This process is simple, cost effective, and efficient. This is further evidenced by the hundreds of companies from around the world, including some of the largest and most well-known brands such as Adidas, Heineken, Roche, BNP Paribas, Hugo Boss, etc., that trade on OTCQX and OTCQB Markets.

Trading on OTCQX/OTCQB allows companies to meet both federal disclosure and state Blue Sky Compliance obligations – Meet Rule 15c2-11 continuous quotation requirements for U.S. trading – Demonstrate compliance with state Blue Sky Laws

Your U.S. market reflects your home market status, transparency, and engagement

As an Icelandic company, what infrastructure do you need to have in place in order to get started with cross-trading?

All companies listed on NASDAQ Iceland are able to cross-trade on OTC markets and reap the benefits of better trading volume, higher liquidity, improved valuation, and U.S. shareholder growth. 

What is New Iceland's role as an OTCQX Advisor?

To qualify for OTCQX, all U.S. and International companies must engage an OTCQX Advisor. Advisors are limited to the most qualified firms that have a high level of capital markets expertise. As a registered broker-dealer and approved OTC Advisor, we are compliant with all regulatory requirements and can assist with the application process and OTC Markets compliance to help expand market presence.

An OTC Advisor plays a key role in helping companies cross-trade their shares in the U.S. on the OTCQX and OTCQB markets. For securities already listed on NASDAQ Iceland, this is a straightforward way to reach U.S. investors while avoiding the high costs and complexities associated with traditional exchanges.

The Advisor’s job is to guide companies through the application process, ensuring they meet all U.S. rules and disclosure standards. They also help businesses understand what information needs to be shared with investors. Beyond compliance, an OTC Advisor can provide document translation, disclosure filings, and marketing for to create a stronger U.S. presence and attracting more investors.

For Icelandic companies, working with an OTC Advisor gives access to the benefits of trading in the U.S., better liquidity, higher trading volumes, and increased market visibility. By simplifying what could otherwise be a complex process, an OTC Advisor helps businesses focus on growth and connecting with U.S. investors.

What's The Timeline?

In general, it takes a company between 2 and 6 months to get listed on the OTC Markets. The exact timeline can vary depending on a number of factors, including:
• A company needs to file certain regulatory disclosures with the SEC or OTC before applying for acceptance onto the OTC.
• Businesses need to provide proof of meeting all minimum requirements including net tangible assets, revenue, and bid price.
• Companies applying for sale on the OTC also need to show that they are not a penny stock, not a shell company, and not subject to any active reorganization or bankruptcy proceedings that would prohibit listing.

New Iceland OTC Markets WhitePaper

New Iceland as an OTC Advisor

WhitePaper

Nordic Case Study

List Local, Trade Global

View Report

OTC Markets

The Global Gateway to U.S. Investors

OTC Overview

OTC Fees

Fee Schedule & Payment 

Read more

Rules

OTCQX RULES FOR INTERNATIONAL COMPANIES

PDF

Application

Step by Step Guide to the OTCQX International Application

Download

Get Started with your OTC Listing

Message Sent!

Your message has been sent.