Creative Realities, Inc. (OTCMKTS:CREX) Files An 8-K Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Item 3.01 Notice of delisting or Failure to Satisfy a Continued
Listing Rule or Standard; Transfer of Listing.
On June 16, 2017, Creative Realities, Inc. received written
notice that the Company’s common stock had been up-listed and
approved for trading on OTCQX, the highest tier of the OTC
Markets, under its existing symbol CREX. The Company had
previously traded on the OTCQB.
The OTCQX marketplace is considered by the Securities and
Exchange Commission (SEC) as an established public market for the
purpose of determining the public market price when registering
securities for resale with the SEC. Because the OTCQX generally
increases transparency by maintaining higher reporting standards
and requirements and imposing management certification and
compliance requirements, the majority of broker-dealers trade
stocks on the OTCQX marketplace. Historically, this has resulted
in greater liquidity and awareness for companies that reach the
OTCQX market tier.
The Company believes that trading on the OTCQX will likely
enhance trading liquidity, broaden its shareholder base and
enhance shareholder value. The Company also believes that, as it
continues to focus on building a digital marketing business that
delivers long-term shareholder value, this up-listing to the
OTCQX will also serve as a stepping stone to meeting the
requirements for eventual admission to the NASDAQ or another
national stock exchange in the future.
Item 8.01 Other Events.
The disclosures set forth in Item 3.01 above are incorporated
into this reporting item by reference.
About Creative Realities, Inc. (OTCMKTS:CREX)
Creative Realities, Inc. is a marketing technology company. The Company provides shopper marketing and digital marketing technology and solutions to retail companies, individual retail brands, enterprises and organizations throughout the United States and in certain international markets. The Company operates through marketing technology solutions segment. The Company specializes in a range of existing and emerging shopper and digital marketing technologies, as well as the related media management and distribution software platforms and networks, device management, product management, customized software service layers, systems, experiences, workflows and integrated solutions. Its technology and solutions include digital merchandising systems and omni-channel customer engagement systems, interactive digital shopping assistants, advisors and kiosks, and other interactive marketing technologies, such as mobile, social media, point-of-sale transactions, beaconing and Web-based media.
