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SEQUENTIAL TO TRADE ON NASDAQ: Sequential Brands Group Inc. has secured approval from Nasdaq Stock Market to up-list its common stock and begin trading on the Nasdaq, beginning on Tuesday.
The stock will trade under its current trading symbol “SQBG.”
The stock currently trades over-the-counter under the OTC Market rules.
Yehuda Shmidman, chief executive officer of Sequential, said, “We believe this is a milestone that will prove critical to Sequential’s success as a public company, as it is expected to general additional liquidity for our equity and place us in a better position to raise new capital to execute our acquisition strategy.”
The brand management firm’s portfolio includes Revo, William Rast, Caribbean Joe and Ellen Tracy.