Comtech Group to Trade on Nasdaq National Market
Monday January 31, 8:02 am ET
(Comtech Group just posted strong 4Q and year end gains. See Post #2743).
SHENZHEN, China, Jan. 31 /PRNewswire-FirstCall/ -- Comtech Group, Inc. (Nasdaq: COGO - News), a leading module design solutions provider in China focused on the mobile handset and telecom equipment industries, announced that it has received approval for listing on the Nasdaq National Market. The Company's common stock is expected to begin trading today under the symbol "COGO." Previously, the Company's common stock had traded on the OTC Electronic Bulletin Board under the symbol "COMT.OB."
"Nasdaq's approval of our National Market listing marks another key milestone in our effort to reach a broader shareholder audience and increase the liquidity of our common shares," said Jeffrey Kang, Chairman, President and CEO. "We are excited to reach this next step in our evolution as a public company."
About Comtech
Comtech Group, Inc. is a module design solutions provider in China, focused on the mobile handset and telecom equipment industries. The Company's client base has grown to serve over 200 companies in the mobile handset and telecom equipment industries in China. Its team of engineers works with manufacturers of mobile handset and telecom equipment to design solutions that meet their needs. The Company designs solutions for mobile device products, including liquid crystal display (LCD) modules, camera modules, persistent storage modules, input/output modules, sound system and power supply modules. In the telecom equipment industry Comtech targets optical solutions, data communication solutions, public switched telephone network (PSTN) switching and wireless base stations.
The information posted by 2morrowsGains is opinion only and should not to be taken as investment advice.
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