White Pearl Technology Group Expands Global Footprint with OTC Markets Listing in the USA

ByWhite Pearl

Highlights

  • Leading Swedish digital transformation provider WPTG announces plans for a secondary listing on OTC Markets
  • Move follows a recent board resolution to expand the company’s global investor base
  • Marks the start of the process, expected to be completed within the next few weeks
  • Supports WPTG’s ambitious global expansion strategy in emerging markets

Stockholm, Sweden – November 12, 2024 – White Pearl Technology Group AB (Nasdaq First North: WPTG), a leading global provider of digital transformation solutions, today announced its plans for a secondary public listing on the OTC Markets in the United States.

This strategic initiative, approved by the company’s Board of Directors, will enable WPTG to further expand its global reach and access to capital markets, strengthening the Company’s position as a leading innovator at the intersection of Swedish technology excellence and high-growth emerging economies. The process is expected to be completed within the next few weeks.

“Listing on the OTC Markets is an important milestone in WPTG’s journey as a global technology leader,” said Marco Marangoni, CEO of WPTG. “By providing U.S. investors with a convenient avenue to participate in our success, we can accelerate our ambitious expansion plans and continue delivering transformative digital solutions that drive sustainable growth in emerging markets.”

The secondary listing is expected to deliver several key benefits:

Enhanced Visibility and Liquidity: WPTG’s presence on the OTC Markets will raise the Company’s profile among a broader base of U.S. institutional and retail investors, increasing overall market visibility and share liquidity.

Diversified Investor Base: Access to the U.S. capital markets presents an opportunity for WPTG to engage with a wider range of investors seeking exposure to innovative technology ventures pioneering digital transformation in fast-growing regions.

Accelerated Growth Strategy: The additional funding sources unlocked by the OTC listing will support WPTG’s efforts to scale its operations, forge new partnerships, and solidify its position as a trusted digital transformation partner across Africa, the Middle East, and Asia.

“White Pearl has built a unique positioning as a bridge between Sweden’s renowned technology capabilities and the immense potential of emerging markets,” commented Sven Otto Littorin, Group Chairman. “Bringing this value proposition to U.S. investors through the OTC Markets will benefit not only WPTG and its shareholders, but also the broader Swedish technology ecosystem.”

WPTG’s primary listing on the Nasdaq First North Growth Market in Stockholm (ticker: WPTG B) will remain unchanged.

Investor Relations Contact

IR Manager
[email protected]
+46 707 340 804

Marco Marangoni
CEO
[email protected]
+598 93 370 044

Certified Adviser:
Amudova AB
[email protected]
+46 8 546 017 58