Nasdaq International Designation Program

boosts global credibility, visibility, and attracts more interest from U.S. Investors.

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Launched in December 2015, the Nasdaq International Designation program is designed for Level 1 ADRs and Canadian companies that trade on the over-the-counter (OTC) market.

PROGRAM OVERVIEW

Our program offers a unique partnership with Nasdaq that provides member companies with Nasdaq’s robust visibility offering which allows for greater access to US investors, and can potentially increase liquidity. The program does not impose SEC filing requirements or otherwise change your regulatory obligations.

Universe of Level 1 ADRs

Companies that have Level 1 ADRs have a listing on an exchange outside the U.S. and comply with their home market's regulatory environment. Their Level 1 ADRs trade in the U.S. on the over-the-counter (OTC) market. Level 1 ADRs do not report to the SEC, unlike Level 2 ADRs that do file with the SEC and are listed on U.S. exchanges.

Level 1 ADRs Market Cap

There are hundreds of sponsored and unsponsored Level 1 ADRs, representing a total market cap of $15.8 Trillion USD globally. All Level 1 ADRs trade on the OTC regardless of whether they are a member of the Nasdaq International Designation program or have a competing designation. Nasdaq recognized a need to increase the visibility of these international companies with U.S. investors. Nasdaq launched the Nasdaq International Designations on December 9th 2015, with the first group of international companies below. The Nasdaq International Designation is also available to international companies that don’t have Level 1 ADRs, but have shares that trade directly on the OTC market in the U.S.

Trading

Nasdaq International is a designation. The companies are not listed or traded on The Nasdaq Stock Market LLC, and are not subject to the same listing or qualification standards applicable to securities listed or traded on an exchange. The U.S. shares continue to trade on the OTC.

Read more about our International Designation Program >>

REQUIREMENTS & STANDARDS

In addition to the requirements above

  • Companies must be incorporated outside the United States and be listed on a foreign exchange. 
  • Companies must demonstrate compliance with the standards on its most recent filing with its home regulator or exchange, as applicable, not more than 12-months old.
  • For new ADR shares there is not a volume requirement for the first 12-months and minimum market cap is $50M US.

FEES

Nasdaq International Designation has a $5k application fee and a $20k annual fee. 

CURRENT LIST OF COMPANIES

Nasdaq International Designation Companies

The following companies joined the Nasdaq International Designation Program.
See their profiles below.

SYMBOL * COMPANY * COUNTRY * DATE JOINED

EOFBF * Ecofibre Ltd. * Australia * October 18, 2019

TAKOF * Drone Delivery Canada Corp. * Canada * June 5, 2019

STLHF * Standard Lithium Ltd. * Canada * November 7, 2018

PONGF * Atari, S.A. * France * October 12, 2018

NNOMF * Nano One Materials Corp. * Canada * July 30, 2018

ATBYF * Abitibi Royalties Inc.* Canada * June 19, 2018

WHGOF * White Gold Corp * Canada * April 3, 2018

CYBNY * Cyber Security 1 AB * Sweden * February 22, 2018

RDRUY * Neometals, LTD * Australia * December 1, 2017

PLLLY * Piedmont Lithium Ltd. -- Nasdaq Listed 5/7/18 * Australia * October 11, 2017

PRMCF * Cronos Group, Inc. -- Nasdaq Listed 2/27/18 * Canada * September 12, 2017

CESDF * CES Energy Solutions, Inc. * Canada * June 15, 2017

CLVLY * Clinuvel * Australia * June 2, 2016

BESIY * BE Semiconductor Industries * The Netherlands * December 9, 2015

Nasdaq International Designation Select Companies

The following companies joined the Nasdaq International Designation Select Program.
See their profiles below.

SYMBOL * COMPANY * COUNTRY * DATE JOINED

HLUYY * H. Lundbeck A/S (Lundbeck) * Denmark * June, 29 2018

ISSDY * ISS A/S * Denmark * October 11, 2018

CLPBY * Coloplast A/S * Denmark * August 9, 2018

BVNRY * Bavarian Nordic A/S * Denmark * July 23, 2018

STBMY * St. Barbara Limited * Australia * May 17, 2018

MRVSY * Minerva, S.A. * Brazil * December 11, 2017

CIOXY * Cielo, S.A. * Brazil * November 15, 2017

NHVCF * Northern Vertex Mining Corp * Canada * September 5, 2017

NJDCY * Nidec Group * Japan * June 2, 2016

MQBKY * Macquarie Group * Australia * May 19, 2016

CABGY * Carlsberg A/S * Denmark * May 16, 2018

QABSY * Qantas Airways Ltd. * Australia * December 9, 2015

RKUNY * Rakuten Inc. * Japan * December 9, 2015

CTTAY * Continental AG * Germany * December 9, 2015

MRRTY * Marfrig Global Food * Brazil * December 9, 2015

CYBQY * Cyberdyne, Inc. * Japan * December 9, 2015

KUBTY * Kubota Corp * Japan * December 9, 2015

How can Nasdaq International Designation Membership help your company?

Amplify Your Brand

Access to our visibility assets to increase communication & profile with U.S. investors.

Increase Liquidity

Highlight your company to U.S. investors letting them know you have shares that trade in the U.S. market to increase liquidity.

Enhance Visibility

Distinguish your company from other OTC securities that can’t meet the Nasdaq International Designation requirements. Increase the visibility in the U.S. market.

Communicate to Investment Community

Broad communication to the investment community that the companies are members of the Nasdaq International Designation.

Access to IR Tools

Access to investor relations tools & services to better understand trading of the U.S. shares and identify & targeting U.S. investors.

Highlight Corporate Qualifications

Ensures that companies are meeting the high program requirements even though they are not SEC filers and trade on the OTC.

Visibility For Your Brand
the total market cap of our listed markets is
$12.9T+
around the globe, with approximately 3,300 listed companies for an average market cap of $4.8 Billion.
Cyberdyne Event at MarketSite
Host your Investor Day at the Nasdaq MarketSite
Meet all of your specific event needs — our 350-person event space, which opens up into a roof terrace at the top of the Nasdaq Tower as your brand is displayed on the marquee, a spacious open-concept press conference room, and a private board room for smaller intimate events.
Learn more about our space
the total market cap of our listed markets is
$12.9T+
around the globe, with approximately 3,300 listed companies for an average market cap of $4.8 Billion.
Nasdaq International Designation has
30+
companies that receive a full service offering that includes investor relations tools and services, as well as access to Nasdaq’s visibility assets to enhance communication with the invest.
Virtual Investor Conference_Nasdaq International Designation
Virtual Investor Conference
Companies from around the globe join the online conference to present their current state of business to a broad audience and potential investors, engaging CEOs, CFOs, and IROs from an entirely new perspective.
Find out more about our Investor Conferences
Nasdaq International Designation has
30+
companies that receive a full service offering that includes investor relations tools and services, as well as access to Nasdaq’s visibility assets to enhance communication with the invest.

Nasdaq International Designation Member Company Gallery

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