Gersan Elektrik (BIST: GEREL; OTCQX: GERLF) announced on 07.28.2026 that its shares now trade on the OTCQX Best Market under ticker GERLF. The Turkiye-based industrial manufacturer operates in electrical equipment, energy distribution and electromechanical infrastructure sectors. The Company commenced OTCQX trading to enhance international capital markets visibility and provide U.S. investors with accessible public disclosures and trading information. Gersan Elektrik continues to trade on Borsa Istanbul under ticker GEREL, and U.S. investors can now find current financial disclosure and market information on www.otcmarkets.com under the symbol GERLF.
Gersan Elektrik Holds Market Open Ceremony on July 28, 2026
The Company participated in a market open ceremony at OTC Markets Group's New York office on July 28, 2026, together with representatives of Gersan Elektrik, Usul Ventures and invited guests from the Turkish and international business community.
Company Designs and Manufactures Electrical Equipment and Infrastructure Systems
Gersan Elektrik is one of Turkiye's established industrial companies in the electrical sector. The Company designs, manufactures and supplies products and systems that support the transmission, distribution, organization and protection of electrical conductors across a wide range of infrastructure applications. Its product portfolio includes busbar systems, cable carrier systems, grounding systems, electrical panels, EV charging systems, automation systems, lighting systems and related electromechanical infrastructure solutions.
Gersan's products are used in industrial facilities, commercial buildings, airports, refineries, hospitals, hotels, power transmission projects, renewable energy-related infrastructure and other critical infrastructure applications. The Company's busbar systems are also relevant to modern electrical infrastructure projects, including data center installations, where efficient power distribution, installation quality and operational reliability are key considerations.
Gersan Elektrik Initiates Strategic Acquisition Process for U.S.-Based Busbar Production
In recent weeks, Gersan announced that it had initiated a strategic acquisition process intended to support potential U.S.-based production of its busbar products, including applications in data center installations. This initiative forms part of the Company's broader strategy to evaluate international business development opportunities that may complement its core industrial activities and strengthen its commercial presence in selected markets.
Chairman Erkan Izgi Comments on International Capital Markets Strategy
"Gersan's trading commencement on OTCQX under the ticker GERLF is an important milestone for our Company's international visibility," said Erkan Izgi, Chairman of the Board of Gersan Elektrik. "We have built Gersan on a long-standing industrial foundation, and our objective is to carry this experience into a broader international framework. We intend to pursue investment and growth initiatives that are aligned with our core business, supported by disciplined financial planning and consistent with our public disclosure obligations."
Mr. Izgi continued: "Our recent capital markets step in the United States and our ongoing business development initiatives should be viewed as complementary parts of the same strategy. We aim to strengthen Gersan's international presence not only through investor communication, but also through real-sector opportunities that may support our product capabilities, market access and long-term institutional positioning. As we move forward, we will continue to evaluate opportunities carefully and transparently, with a focus on sustainable growth."
Usul Ventures, an international capital markets and strategic advisory firm included in OTC Markets Group's Premium Provider Directory, has acted as process manager and strategic advisor to Gersan Elektrik in connection with the Company's OTCQX trading process and related international capital markets positioning. Following the trading commencement, Usul Ventures is expected to continue supporting the Company's U.S. market communication strategy, investor relations framework, business development positioning and post-trading engagement initiatives, in coordination with the Company and its professional advisors.
FAQ
What did Gersan Elektrik announce on 07.28.2026?
Gersan Elektrik announced on 07.28.2026 that its ordinary shares now trade on the OTCQX Best Market in the United States under the ticker symbol GERLF. The Company continues to trade on Borsa Istanbul under the ticker symbol GEREL.
Why did Gersan Elektrik commence trading on OTCQX?
Gersan Elektrik commenced OTCQX trading to enhance its international capital markets visibility and provide U.S.-based investors with more accessible public disclosures and trading information. The Company aims to strengthen its international visibility, broaden awareness of its industrial platform and support a more structured investor communication framework outside Turkiye.
What strategic acquisition process has Gersan Elektrik initiated?
In recent weeks, Gersan announced that it had initiated a strategic acquisition process intended to support potential U.S.-based production of its busbar products, including applications in data center installations. This initiative forms part of the Company's broader strategy to evaluate international business development opportunities that may complement its core industrial activities.
