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being in compliance with all applicable listing standards on the date it begins trading on NYSE Amex, and may be rescinded if SED is not in compliance with such standards on that date.