Cohesant Technologies Inc. to Withdraw Boston Stock Exchange Listing; Will Retain Nasdaq Listing.INDIANAPOLIS -- Cohesant Technologies, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :COHT)(BSE See Bombay Stock Exchange. BSE See Boston Stock Exchange (BSE). :COHT) (the "Company"), today announced its intention to voluntarily withdraw its common stock ($.001 par value) from listing and regulation on the Boston Stock Exchange The Boston Stock Exchange (BSE) is a regional stock exchange located in Boston, Massachusetts. The third-oldest stock exchange in the United States, it was founded in 1834. On October 2nd, 2007 Nasdaq agreed to acquire BSE for $61 million. . The Company is withdrawing its Boston Stock Exchange listing in order to lower its overall listing fees and eliminate duplicative compliance burdens. Further, in recent years all trading of the Company's common stock have been effected on the Nasdaq Capital Market Originally called the NASDAQ Small Cap Market, NASDAQ announced a name change to the NASDAQ Capital Market on September 27, 2005. [1] The NASDAQ Capital Market exists for securities of smaller, less-capitalized companies (small caps) that do not qualify for . The withdrawal from the Boston Stock Exchange is expected to be effective in early March 2007. The Company's withdrawal relates solely to its listing on the Boston Stock Exchange. The Company's common shares will continue to trade in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. on the Nasdaq Capital Market. Due to the Company's continued listing on the Nasdaq Capital Market, the Company's common shares will remain registered with the SEC under Section 12(b) of the Securities Exchange Act of 1934. Accordingly, all periodic and other reports required under the Securities Exchange Act of 1934 will continue to be filed with the U.S. Securities and Exchange Commission. Visit Cohesant Technologies Inc. at its website, http://www.cohesant.com/cohesant for more information about the Company. Cohesant Technologies Inc., based in Indianapolis, Indiana “Indianapolis” redirects here. For other uses, see Indianapolis (disambiguation). Indianapolis (IPA: [ˌɪndiəˈnæpəlɪs]) is the capital city of the U.S. is engaged in the protection and renewal of drinking water drinking water supply of water available to animals for drinking supplied via nipples, in troughs, dams, ponds and larger natural water sources; an insufficient supply leads to dehydration; it can be the source of infection, e.g. leptospirosis, salmonellosis, or of poisoning, e.g. distribution systems and wastewater collection systems for municipal, industrial, commercial and residential infrastructure, the design, development, manufacture and sale of specialized dispense equipment systems, replacement parts and supplies used in the operation of the equipment and the design, development, manufacture and sale of specialty coatings. The Company markets its products under numerous trade names including; AquataPoxy, CuraFlo, CuraPoxy, GlasCraft, Guardian, Probler and Raven. Certain statements contained in this report that are not historical facts are forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from those set forth in the forward-looking statement. These risks and uncertainties include, but are not limited to, a slow-down in domestic and international markets for plural components dispensing systems, a reduction in growth of markets for the Company's epoxy epoxy Any of a class of thermosetting polymers, polyethers built up from monomers with an ether group that takes the form of a three-membered epoxide ring. The familiar two-part epoxy adhesives consist of a resin with epoxide rings at the ends of its molecules and a curing coating systems, customer resistance to Company price increases, the successful integration of the CuraFlo and Triton acquisitions and the Company's ability to expand its licensing and rehabilitation business. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion