Group begins trading OTC — Team Internet

Move makes it easier for U.S. investors to invest in the firm.

U.S. investors interested in investing in domain name firm Team Internet Group now have an easier option.

The firm trades on the London Stock Exchange’s market for modest and medium size growth firms, AIM, under the ticker TIG. Starting today, it’s also available in U.S. dollar trades on OTCQX Best Market (“OTCQX”) under the symbol “TIGXF”.

Team Internet noted that the U.S. accounts for nearly half of the firm’s revenue.

In a release, Team Internet CEO Michael Riedl stated:

As we mark the beginning of our trading on OTCQX, we are not just opening a fresh chapter for Team Internet. We reinforce our commitment to enhancing shareholder value and expanding our footprint in the United States, a market that represents nearly 50% of our revenue. This move reflects our robust performance and the investor confidence we have been fortunate to build, especially within the US, over the past year. We recognise the importance of making our shares more accessible and appealing to US investors, and qualifying to trade on OTCQX is a strategic step in that direction. We are eager to welcome fresh investors and invite them to join us in this exciting journey.

Team Internet owns many domain registrars, counting Hexonet, Moniker, and Internet.bs. It also owns ParkingCrew, and much of its growth is from ad arbitrage.

[Editor’s note: I don’t own stocks in any domain name firms.]