Power Solutions International, Inc. announced that The Nasdaq Stock Market LLC has approved its application for uplisting the company’s common stock. Trading on Nasdaq is expected to commence at the opening of the market on December 26, 2024, under the current ticker symbol 'PSIX'.
Dino Xykis, Chief Executive Officer, stated that the uplisting is a transformative moment for the company, reflecting the dedication of its employees and the strength of its strategic vision. This move is anticipated to enhance PSI's visibility and attract a broader investor base.
The CEO further commented that trading on a premier global exchange like Nasdaq will provide greater liquidity for the company's stock. This milestone underscores PSI's positioning for growth and profitability, building on its consistent performance in developing cutting-edge technologies and expanding in data center markets.
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