Gersan Elektrik Ticaret ve Sanayi A.S. has initiated an application process for its shares to be cross-traded on the OTCQX Market in the United States. The company aims to support broader market visibility and enhance access to its publicly available disclosures for U.S.-based and international investors. The application is subject to the review and approval of OTC Markets Group, with no assurance regarding the timing or outcome.

The company views the OTCQX application as a milestone in its strategy to expand its international capital markets engagement and investor base. Gersan Elektrik believes a structured U.S. market access framework will help communicate its industrial platform and operating capabilities to a wider audience. The process does not constitute a public offering of securities or change the company's primary listing venue on Borsa Istanbul.

"Our application to OTCQX represents a structured step in Gersan Elektrik’s ongoing corporate development and capital markets communication strategy," said Erkan İzgi, Chairman of Board of Gersan Elektrik. He added that the quotation may contribute to a more accessible information environment for investors.

Gersan Elektrik has engaged Usul Ventures Limited to act as process manager and advisor for the OTCQX cross-trading application. Usul Ventures, listed in OTC Markets Group’s Premium Provider Directory, will support the company in coordinating the application process and investor communication framework.

Gersan Elektrik manufactures systems and materials for electrical conductors, including busbar systems, cable trays, and electric vehicle charging station systems. The company has over 45 years of experience in Türkiye’s electrical sector.