- Marblegate Capital Corporation (OTCQX: MGTE; MGTEW) now trades on the OTCQX® Best Market.
- The company operates as a full-service fleet operator and specialty financer in NYC's taxi market.
- OTCQX trading offers efficient access to U.S. capital markets with transparent trading and streamlined requirements.
OTC Markets Group Inc. (OTCQX: OTCM), which operates regulated markets for 12,000 U.S. and international securities, has announced that Marblegate Capital Corporation (OTCQX: MGTE; MGTEW) has qualified to trade on the OTCQX® Best Market. Starting today, Marblegate Capital Corporation, a leading full-service fleet operator and specialty financer in the New York City taxi market, will trade under the symbols "MGTE" and "MGTEW".
Trading on the OTCQX Market provides companies like Marblegate Capital with cost-effective access to U.S. capital markets by reducing the complexity and cost associated with becoming publicly traded. The OTCQX Market requires companies to meet high financial standards, adhere to best practice corporate governance, and ensure compliance with applicable securities laws.
Marblegate Capital (MGTE) is renowned for its robust presence in the NYC taxi medallion market as a lender, owner, and fleet operator. The company manages a loan portfolio secured by over 1,700 medallions and owns more than 2,000 medallions. This extensive involvement cements its position as a leading player driving positive change in this industry.
Investors can access current financial disclosures and real-time Level 2 quotes for Marblegate Capital at www.otcmarkets.com. With the transition to the OTCQX Best Market, Marblegate Capital anticipates enhanced market visibility and accessibility for investors.
