Park City Group to Transfer Listing to New York Stock Exchange, Trading Ticker: TRAK
October 18 2023 - 7:00AM
Business Wire
New Ticker Symbol and Exchange Represents First
Step in Corporate Rebranding
Park City Group, Inc. (NASDAQ: PCYG), parent company of
ReposiTrak, the world's largest food traceability and regulatory
compliance network, built upon its proven inventory management and
out-of-stock reduction SaaS platform, announced that it will
transition from the National Association of Securities Dealers
Automated Quotations (NASDAQ) to the New York Stock Exchange (NYSE)
effective on or about November 2, 2023. As the first step in a
planned rebranding to the corporate name “ReposiTrak”, the Company
will transition its ticker symbol to “TRAK” going forward.
“The New York Stock Exchange is home to some of the
most-established companies in the world, including many of our
customers,” commented Randall K. Fields, Chairman and CEO of Park
City Group. “We believe that based on our strong balance sheet and
solid financial foundation, the time is right for us to join these
customers on ‘The Big Board’.”
Until the planned rebranding is complete, the legal name of the
company will continue to be Park City Group, Inc, doing business as
(“dba”) ReposiTrak. The company will refer to itself as ReposiTrak
immediately and its common stock is expected to commence trading at
the opening of trading on or about Thursday, November 2, 2023 under
the new ticker symbol. Trading on the NASDAQ will cease concurrent
with the NYSE listing.
About Park City Group:
Park City Group, Inc. (NASDAQ:PCYG), the parent company of
ReposiTrak, Inc., a compliance, supply chain, and e-commerce
platform that enables retailers, wholesalers, and their suppliers,
to accelerate sales, control risk, and improve supply chain
efficiencies. More information is available at
www.parkcitygroup.com and www.repositrak.com.
Specific disclosure relating to Park City Group, including
management's analysis of results from operations and financial
condition, are contained in the Company's annual report on Form
10-K for the fiscal year ended June 30, 2023, and other reports
filed with the Securities and Exchange Commission. Investors are
encouraged to read and consider such disclosure and analysis
contained in the Company's Form 10-K and other reports, including
the risk factors contained in the Form 10-K.
Forward-Looking Statement
Any statements contained in this document that are not
historical facts are forward-looking statements as defined in the
U.S. Private Securities Litigation Reform Act of 1995. Words such
as “anticipate,” “believe,” “estimate,” “expect,” “forecast,”
“intend,” “may,” “plan,” “project,” “predict,” “if”, “should” and
“will” and similar expressions as they relate to Park City Group,
Inc. (“Park City Group”) are intended to identify such
forward-looking statements. Park City Group may from time-to-time
update these publicly announced projections, but it is not
obligated to do so. Any projections of future results of operations
should not be construed in any manner as a guarantee that such
results will in fact occur. These projections are subject to change
and could differ materially from final reported results. For a
discussion of such risks and uncertainties, see “Risk Factors” in
Park City’s annual report on Form 10-K, its quarterly report on
Form 10-Q, and its other reports filed with the Securities and
Exchange Commission under the Securities Exchange Act of 1934, as
amended. Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the dates on
which they are made.
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version on businesswire.com: https://www.businesswire.com/news/home/20231018086033/en/
Investor Relations Contact:
John Merrill, CFO Investor-relations@parkcitygroup.com
Or FNK IR Rob Fink 646.809.4048 rob@fnkir.com
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