Milwaukee-based ARI Network Services Inc., a provider of website, software and data solutions, announced today that its application to list the company’s common stock on the NASDAQ Capital Market has been approved.
The company’s common stock is expected to begin trading on the NASDAQ Capital Market effective Monday, Dec. 9, under its current trading symbol “ARIS,” until which time its shares will continue to trade on the Over-the-Counter Bulletin Board (OTCBB).
“We are excited about the move to NASDAQ and look forward to leveraging their technologically advanced trading platform to reach investors around the world,” said Roy Olivier, president and chief executive officer of ARI. “Re-listing with NASDAQ is a major milestone for ARI and is consistent with our objectives to improve our visibility in the public markets, help us expand our shareholder base, and improve our liquidity. We look forward and are honored to join many other leading technology companies already listed on the NASDAQ.”