Skylight Health Commences Trading On The Nasdaq
Skylight Health Group (TSXV: SLHG) (NASDAQ: SLHG) announced Friday night that its equity is set to commence trading on the Nasdaq as of this morning. The firm is to trade under the symbol “SLHG”.
In connection with the new listing, the company has also announced that it will be changing its ticker symbol on that of the TSX Venture. To align with the new listing on the Nasdaq Capital Market, the company will see its Canadian listing also transition to the symbol “SLHG”.
The listing on the Nasdaq follows a 5 to 1 share consolidation undertaking by the company late last month, which was conducted to meet listing requirements for the US big board. The firm currently anticipates that the new listing is to provide additional liquidity and “optimize its cost of capital.”
Skylight Health Group last traded at $6.80 on the TSX Venture.
Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.
