SINGAPORE, Sept. 25,
2024 /PRNewswire/ -- Caravelle International Group
(Nasdaq: CACO), a global ocean technology company, today announced
that its ordinary shares will begin trading on NASDAQ under the
ticker symbol 'HTCO' prior to market open on September 30, 2024. This will replace the
company's current ticker symbol 'CACO', which has been used since
its de-SPAC transaction in 2022.
No action by the company's shareholders is required with respect
to the ticker symbol change. The company's ordinary shares will
continue to be listed on NASDAQ, and the CUSIP and ISIN will remain
unchanged.
About Caravelle International Group
Caravelle is a global ocean technology company with businesses
in international shipping and marine carbon neutrality. The company
is committed to improving shipping efficiency through innovative
technologies and promoting sustainable development in the industry.
Caravelle is headquartered in Singapore.
Forward Looking Statements
This announcement contains "forward-looking" statements within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. These
statements are made under the "safe harbor" provisions of the U.S.
Private Securities Litigation Reform Act of 1995. All statements,
other than statements of historical fact, including, without
limitation, those with respect to the objectives, plans and
strategies of the Company set forth herein and those preceded by or
that include the words "believe," "expect," "anticipate," "future,"
"will," "intend," "plan," "estimate" or similar expressions, are
"forward-looking statements". Such statements include, but are not
limited to risks detailed in the Company's filings with
the U.S. Securities and Exchange Commission, including its
Annual Report on Form 20-F for the fiscal year ended October 31, 2022. These forward-looking
statements involve a number of risks and uncertainties, which could
cause the Company's future results to differ materially from those
anticipated. Should one or more of these risks or uncertainties
materialize, or should underlying assumptions prove incorrect,
actual results may vary materially from those indicated or
anticipated by such forward-looking statements. All information
provided in this press release is as of the date of the
publication, and the Company does not undertake any obligation to
update any forward-looking statement, except as required under
applicable law.
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SOURCE Caravelle International Group