Stocks

Salem Media Group, Inc. Joins the OTCQX Market

Published January 20, 2024

New York, January 19, 2024 - In a significant move for investors and market watchers alike, OTC Markets Group Inc. (OTCQX: OTCM), a leading operator of regulated markets trading over 12,000 U.S. and international securities, has officially welcomed Salem Media Group, Inc. SALM to the prestigious OTCQX market. This announcement marks an important milestone for Salem Media Group, a prominent American multimedia company that holds a special focus on Christian and family-themed content. The incorporation of Salem Media into the OTCQX market is poised to provide enhanced investor benefits, including higher visibility, more efficient trading, and greater access to company information.

The Significance of Salem Media Group's Transition to OTCQX

SALM, which is headquartered in Irving, Texas, represents a key player in the U.S. multimedia landscape. The company's transition to the OTCQX market underscores its commitment to strong corporate governance and high financial standards. For Salem Media Group, this is not merely a change in market designation; it's a strategic step that aligns with its growth objectives and desire to broaden its investor base.

Benefits for Salem Media Group and Its Investors

Participation in the OTCQX market is expected to yield multiple benefits for both SALM and its current and potential investors. The heightened visibility obtained through OTCQX could translate into a more robust and liquid trading environment, enabling shareholders to more efficiently price and trade Salem Media's securities. Moreover, investors can now access real-time quotes and the latest financial disclosures of SALM with greater ease, facilitating more informed investment decisions.

OTCQX, SALM, Trading