June 01, 2015 08:34 AM Eastern Daylight Time
JIANGSU, China--(BUSINESS WIRE)--Delta Technology Holdings Limited (“Delta” or “the Company”), a leading provider of specialty chemicals (NASDAQ: CISAW), today announced that it has received approval to list its common shares on the NASDAQ Stock Market (“NASDAQ”). The Listing Qualifications Department of NASDAQ approved Delta’s application for its common shares listing on the NASDAQ on May 29, 2015. The ordinary shares are expected to commence trading concurrent with the opening of the Nasdaq Global Select Market today under the symbol “DELT”. The Company’s publicly-traded warrants symbols will also change from “CISAW” to “DELTW”.
Chairman and CEO, Mr. Xin Chao, stated, “We are excited to announce NASDAQ trading of our common shares, which is the culmination of several months of effort in resolving Delta’s listing status. We worked extensively with NASDAQ during this period to provide as much transparency into the Company and its operations as possible, and are pleased to have established our concrete value with Nasdaq. We would like to thank our shareholders for their patience and support, which includes our initial investors prior to our going public transaction, Kleiner Perkins Caufield Byers and Korea Investment Partners. We expect to utilize our listing status to enhance relations with the global investment community, and believe it will lead to improved liquidity, a wider shareholder base and elevated shareholder value.”