Adams Golf Announces Change of Ticker Symbol to ADGF
18 Février 2008 - 11:03PM
Business Wire
Adams Golf, Inc. (OTCBB: ADGO pre split, OTCBB: ADGF post split)
today announced that, on February 15, 2008, the Over-The-Counter
Bulletin Board�s Corporate Actions group approved the Company�s
one-for-four reverse stock split. Additionally, the state of
Delaware approved the Company�s Certificate of Amendment to its
Certificate of Incorporation. The Company has been informed by the
Over-The-Counter Bulletin Board that its trading symbol has changed
from ADGO to ADGF. The Company�s common stock should begin trading
on a split-adjusted basis on the Over-The-Counter Bulletin Board on
or about February 19, 2008. As stated previously, in conjunction
with the reverse stock split, the Company has submitted an
application for listing its common stock on the NASDAQ Capital
Market. The application is subject to review and approval by
NASDAQ�s Listing Qualifications Department. The Company hopes to
complete the listing on NASDAQ�s Capital Market by the end of the
first quarter of 2008, however, there can be no assurance that the
Company�s common stock will be approved for listing on any of the
markets operated by NASDAQ. This press release contains
"forward-looking statements" made under the "safe harbor"
provisions of the Private Securities Litigation Reform Act of 1995.
The statements include, but are not limited to, statements
regarding using terminology such as "may," "expect," "intend,"
�hopes,� "estimate," "anticipate," "plan," "seek," �feel,�
�continued,� �continue� or "believe." Such statements reflect the
current view of the Company with respect to future events and are
subject to certain risks, uncertainties and assumptions related to
certain factors including, without limitation, the following: the
ability of the Company to satisfy the initial listing bid price
requirement for the proposed NASDAQ listing, Nasdaq approval of the
listing, increased investor audience, interest or valuation, and
events and other factors detailed under "Risk Factors" in our
Securities and Exchange Commission filings. These filings can be
obtained by visiting the corporate governance section of our
website at www.adamsgolf.com or by contacting Adams Golf Investor
Relations at InvestorInfo@adamsgolf.com. Although the Company
believes that the expectations reflected in such forward-looking
statements are reasonable, it can give no assurance that such
expectations will prove to be correct. Based upon changing
conditions, should any one or more of these risks or uncertainties
materialize, or should any underlying assumptions prove incorrect,
actual results may vary materially from those described herein.
Except as required by federal securities laws, Adams Golf
undertakes no obligation to publicly update or revise any written
or oral forward-looking statements, whether as a result of new
information, future events, changed circumstances or any other
reason after the date of this press release. All subsequent written
and oral forward-looking statements attributable to the Company or
persons acting on its behalf are expressly qualified in their
entirety by the applicable cautionary statements.
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