Nov. 20 at 8:46 PM
$PBIO About 2 years ago they added the expert market, which is a penalty box. July added OTC ID..here is new lineup: OTCQX is the top OTC tier (“Best Market”): companies here must meet high disclosure standards (audited financials, governance requirements), so it’s more transparent and lower risk.
OTCQB — The “Venture Market”: for earlier-stage or growth companies; they must report, meet a minimum bid price, and certify management, but the rules are looser than for OTCQX. Acquisition Stars
OTCID (Basic Market) — New as of July 1, 2025: replaces the old “Pink Current” tier; companies must provide minimal ongoing disclosure and a management certification, but don’t need to qualify for OTCQX or OTCQB.
Pink Limited / Expert Market — These are for the riskiest OTC securities: Pink Limited is for companies that provide little to no disclosure, and the Expert Market is highly restricted, with quote distribution limited to broker-dealers (not broadly available to regular retail investors).