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Merriman Curhan Ford Announces Sponsorship of Its 12th Company on OTCQX
SAN FRANCISCO--([ BUSINESS WIRE ])--Merriman Curhan Ford (NASDAQ:MERR) has listed its 12th company on OTCQX with the successful listing of Imagi International Holdings Limited that was announced today.
Merriman was the first investment bank to represent both U.S. and non-U.S. companies on OTCQX in 2007, and is the current investment banking leader in sponsoring companies on the OTCQX platform.
OTCQX is a highly visible platform that has attracted 50 global companies from 17 countries since early 2007 with a consolidated market capitalization of $300 billion. The platform is appealing to both domestic and foreign companies to gain access to U.S. investment capital without the regulatory costs related to U.S. registration and Sarbanes-Oxley.
"The success of our OTCQX Advisory Group illustrates there is a strong interest from companies abroad to access the U.S. capital markets even in a time of unprecedented market volatility and uncertainty," said Jon Merriman, CEO of Merriman Curhan Ford. "I'm proud of our team for successfully advising Imagi, the first Hong Kong-based company to list on OTCQX. As our capital markets capabilities evolve toward more fee-based services, our mission continues to be focused on becoming a leader in advising, financing, researching, trading and investing in fast-growing companies across the world."
Imagi International Holdings Limited's ADR began trading today on OTCQX's International PrimeQX, under the ticker IINHY. Investors can find real-time quotes, disclosure and financial information about the company at [ www.otcqx.com ].
"We are pleased to sponsor Imagi and help them gain U.S. institutional investor visibility from our capital markets leadership in the media subsector," said Stephen Nash, managing director and head of Merriman Curhan Ford's OTCQX Advisory Group. "Imagi's listing, along with our other OTCQX-listed clients, would not have been possible without the entrepreneurial forethought of our firm to recognize the opportunities and benefits OTCQX offers to fast-growing companies in the United States and abroad."
About International OTCQX
International OTCQX provides a gateway to U.S. securities markets for international companies that are listed on a qualified non-U.S. exchange and provide ongoing disclosure in English to U.S. investors. More importantly, International OTCQX distinguishes the reputable international issuers from the 8,000 over-the-counter (OTC) securities traded in the U.S. Only leading companies that have substantial operating businesses and provide credible disclosure to the public are eligible for inclusion on the premium-tier International OTCQX, which commenced trading on March 5, 2007. For more about International OTCQX, visit [ www.otcqx.com ].
About Merriman Curhan Ford
Merriman Curhan Ford ([ NASDAQ:MERR ]) is a financial services firm focused on fast-growing companies and the institutions who invest in them. The company offers high-quality investment banking, equity research, institutional services, primary market research, corporate & executive services, asset management and venture services, and specializes in three growth industry sectors: CleanTech, Consumer/Internet/Media and Health Care. For more information, please go to [ www.mcfco.com ].
Note to Investors
This press release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-Q filed on November 10, 2008. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "will," and "would" or similar words. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.
