Aug. 22 at 12:49 PM
$CDSG The OTC Pink Current designation was eliminated, and the OTCID Basic Market was introduced as its direct replacement. To qualify as “current” under the new system, OTC Markets implemented enhanced reporting standards, which now require companies to submit a management certification attesting to the accuracy and completeness of their disclosures or obtain an exemption through a 12g3-2(b) certification for foreign issuers. This shift ensures greater transparency and accountability, aligning with SEC efforts to protect investors in the over-the-counter space.
This update took effect for the Basic Market—previously known as Pink Current—on July 1, 2025. As a result, CDSG, which had been operating under the name Titan Lithium and consistently meeting the prior reporting standards on Pink Current, was seamlessly transitioned to the OTCID Basic Market on July 7, 2025, maintaining its compliant status without interruption.
