Tucker,
Ga. – SED International Holdings
,
announced
that its common stock has been approved for listing on NYSE Amex.
The
distributor’s common stock is expected to begin trading on NYSE Amex under the
ticker symbol “SED” on March 1.
“Our
listing on the NYSE Amex exchange marks an exciting achievement among our
corporate goals,” said Jonathan Elster, SED’s president/CEO. “Consistent with
our growth strategy, we believe this listing will raise our investment profile
among a broader range of investors, improve our stock liquidity and increase
our visibility with current and potential customers. We are extremely pleased
to be a part of the NYSE Amex and affirm our steadfast commitment to creating
additional value for our shareholders.”
In
accordance with standard listing approval requirements of NYSE Amex, SED’s
listing is contingent upon the distributor being in compliance with all
applicable listing standards on the date it begins trading on NYSE Amex, and
may be rescinded if SED is not in compliance with such standards on that date.
