Usio Announces Uplisting to Nasdaq Global Market®
2021年6月14日 - 10:00PM
Usio, Inc: (Nasdaq: USIO), a FinTech and integrated electronic
payment solutions provider, today announced that its common shares
have been approved for listing on the Nasdaq Global Market®. Common
shares will begin trading on the Nasdaq Global Market® on June 15th
under the Company's current ticker symbol – USIO.
“Uplisting our stock to the Nasdaq Global Market® is an
important milestone that builds on the positive momentum generated
by our growing string of record transaction processing results,”
said Louis Hoch, President and Chief Executive Officer of Usio.
“Along with increasing our visibility in the marketplace, we
anticipate this uplisting to improve the liquidity of our stock,
further broaden our institutional shareholder base and ultimately
enhance long-term shareholder value. Additionally, we expect this
uplisting to further enhance our ability to implement our
multi-channel growth strategy and optimize the Company’s return on
invested capital.”
A listing on the Nasdaq Global Market® is considered an
indicator of status and success for companies that qualify for
listing. Listed companies must satisfy stringent financial,
liquidity and corporate governance requirements, both initially and
on an ongoing basis.
About Usio, Inc.
Usio, Inc. (Nasdaq: USIO), a leading FinTech integrated payment
solutions provider, offers a wide range of payment solutions to
merchants, billers, banks, service bureaus, crypto exchanges and
card issuers. The Company operates credit, debit/prepaid, and ACH
payment processing platforms to deliver convenient, world-class
payment solutions and services to their clients. The strength of
the Company lies in its ability to provide tailored solutions for
card issuance, payment acceptance, and bill payments as well as its
unique technology in the prepaid sector. Usio is headquartered in
San Antonio, Texas, and has offices in Austin, Texas and Franklin,
Tennessee, just outside of
Nashville. Websites: www.usio.com, www.payfacinabox.com, www.akimbocard.com
and www.usiooutput.com.
FORWARD-LOOKING STATEMENTS DISCLAIMER
Except for the historical information contained herein, the
matters discussed in this release include forward-looking
statements which are covered by safe harbors. Those statements
include, but may not be limited to, all statements regarding
management's intent, belief and expectations, such as statements
concerning our future and our operating and growth strategy. These
forward-looking statements are identified by the use of words such
as "believe," "intend," "look forward," "anticipate," "schedule,”
and "expect" among others. Forward-looking statements in this press
release are subject to certain risks and uncertainties inherent in
the Company's business that could cause actual results to vary,
including such risks related to an economic downturn as a result of
the COVID-19 pandemic, the realization of opportunities from the
IMS acquisition, the management of the Company's growth, the loss
of key resellers, the relationships with the Automated
Clearinghouse network, bank sponsors, third-party card processing
providers and merchants, the security of our software, hardware and
information, the volatility of the stock price, the need to obtain
additional financing, risks associated with new tax legislation,
and compliance with complex federal, state and local laws and
regulations, and other risks detailed from time to time in the
Company's filings with the Securities and Exchange Commission
including its annual report on Form 10-K for the fiscal year ended
December 31, 2020. One or more of these factors have affected, and
in the future, could affect the Company’s businesses and financial
results in the future and could cause actual results to differ
materially from plans and projections. The Company believes that
the assumptions underlying the forward-looking statements included
in this release will prove to be accurate. In light of the
significant uncertainties inherent in the forward-looking
statements included herein, the inclusion of such information
should not be regarded as a representation by us or any other
person that the objectives and plans will be achieved. All
forward-looking statements made in this release are based on
information presently available to management. The Company assumes
no obligation to update any forward-looking statements, except as
required by law.
Contact:
Joe Hassett, Investor
Relationsjoeh@gregoryfca.com484-686-6600
Usio (NASDAQ:USIO)
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