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Non-Tech : Golf Stocks and Industry Buzz

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To: caly who wrote (71)2/18/2008 5:24:11 PM
From: caly  Read Replies (1) of 178
 
This will be interesting...

Adams Golf Announces Change of Ticker Symbol to ADGF

Monday February 18, 5:03 pm ET

OTC Approves Reverse Stock Split

PLANO, Texas--(BUSINESS WIRE)--Adams Golf, Inc. (OTCBB: ADGO pre split, OTCBB: ADGF post split) today announced that, on February 15, 2008, the Over-The-Counter Bulletin Board’s Corporate Actions group approved the Company’s one-for-four reverse stock split. Additionally, the state of Delaware approved the Company’s Certificate of Amendment to its Certificate of Incorporation. The Company has been informed by the Over-The-Counter Bulletin Board that its trading symbol has changed from ADGO to ADGF. The Company’s common stock should begin trading on a split-adjusted basis on the Over-The-Counter Bulletin Board on or about February 19, 2008.

As stated previously, in conjunction with the reverse stock split, the Company has submitted an application for listing its common stock on the NASDAQ Capital Market. The application is subject to review and approval by NASDAQ’s Listing Qualifications Department. The Company hopes to complete the listing on NASDAQ’s Capital Market by the end of the first quarter of 2008, however, there can be no assurance that the Company’s common stock will be approved for listing on any of the markets operated by NASDAQ.
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