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PESI - Plans to list Perma-Fix Medical on

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CrocHntr   Monday, 04/04/16 10:46:13 AM
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PESI - Plans to list Perma-Fix Medical on Nasdaq. Not sure if this is real "news" since they've been talking about it for a while, but I had to Google Translate this from an article I found today:


Warsaw, 04.04.2016 (ISBnews) - Perma-Fix Medical plans to introduce shares on the Nasdaq market in the US later this year, the company said.

"In the opinion of the issuer, listing the company's shares on the Nasdaq will confirm progress towards commercial implementation of innovative manufacturing process Technetium-99m (Tc-99m), the most commonly used isotope medical world and the positive perception of technology companies among the largest distributors of Tc-99m in the US States and the world "- said in a statement.

Planned start of trading on the Nasdaq depends on the conditions on the US stock market and will be announced at a later date, stated in a press release.

If you change the corporate structure, the percentage of existing shareholders in the share capital remains unchanged, prior to the carrying out of the new issue of shares in the United States, indicated takze.Zdaniem the board of the company, its shares are currently undervalued, and admission to trading on the Nasdaq enable increase awareness of the company in the US capital market and access to a large number of potential investors from around the world, interested in investing in projects in the medical and life science.

"The Board of the issuer believes that the development prospects of the industry and the company are promising and business model, which takes into account the company's listing on the Nasdaq will allow maximization of value for present and future shareholders," - reads.

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