Unsponsored ADR
2020-07-30 13:32
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An American depositary receipt (ADR) that is issued without the involvement of the foreign company whose stock underlies the ADR. Shareholder benefits, voting rights and other attached rights may not be extended to the holders of these particular securities.
Taobiz explains Unsponsored ADR
These securities generally trade over the counter rather than on the Nasdaq or NYSE.
