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.
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