You are sooooo right.
Uniglobe.com has applied to list its shares on Nasdaq
Small Cap Market
E-commerce travel company signs significant U.S. investment banks to make market
VANCOUVER, July 8 /CNW-PRN/ - Uniglobe.com Inc.
Trading Symbol: UTO.B
Uniglobe.com Inc. (VSE:UTO.B - news) has filed a registration statement to register its Class B Single Vote Stock under the
Securities Exchange Act of 1934 in the U.S. and has made application to list its shares on the Nasdaq Small Cap Market.
The Company announced today it has re-filed its 20-F Registration Statement, to respond to previous comments received from
the U.S. Securities and Exchange Commission (SEC) and to include the financial statements relating to its recent acquisition of
assets from InHouse Travel Group.
The Company also announced it has applied to Nasdaq to list its shares of Class B Single Vote Stock for trading.
Uniglobe.com has met all the requirements to list on Nasdaq with the exception of its stock price, which is currently below
minimum bid requirements for listing on Nasdaq. The Company hopes to soon satisfy this remaining requirement to list on
Nasdaq.
``Registering our Class B Single Vote Stock with the SEC will enable people in the U.S. who may be interested in investing in
Uniglobe.com to access information more easily. As an e-commerce travel company serving a growing number of travelers
throughout the U.S., we see the need to make our presence known in the broader U.S. equities market,' said Martin H.
Charlwood, President and Chief Operating Officer.
For its application to Nasdaq, Uniglobe.com has secured three U.S. market makers - Banc of America Securities, CIBC
World Markets, and Knight Securities - and is also working closely with Raymond James Financial.
Uniglobe.com Inc. underwent a corporate name change on July 1, 1999. The Company was previously known as Uniglobe
Travel Online Inc. Uniglobe.com continues to be traded on the Vancouver Stock Exchange under the UTO.B stock symbol.
Uniglobe.com provides products and services via the Internet to leisure and business travelers as well as operates a travel
fulfillment center for home-based agents and online companies. Strategic partners include Yahoo!, Microsoft Expedia, Galileo
International, Autobytel.com, GoTo.com, Internet Travel Network, and Leisure Planet. The Company's largest shareholder,
Uniglobe Travel (International) Inc., is the world's largest single brand travel franchise organization with gross travel bookings of
C$2.8 billion in 1998. Visit the Web site at www.uniglobe.com.
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ND2 |
