Sangoma Technologies Corporation, a trusted leader in delivering cloud-based Communications as a Service solutions, today announced that it expects its Common Shares to be listed on the Nasdaq Global Select Market commencing tomorrow, Thursday December 16, 2021.
The company’s common shares will continue to trade on the Toronto Stock Exchange under the symbol “STC” and will now trade on NASDAQ under the trading symbol ‘SANG” (TSX: STC; NASDAQ: SANG).
The Nasdaq Stock Market has three distinct tiers, with the Nasdaq Global Select Market® being the top level and having the highest initial listing standards of any exchange in the world.
“The Nasdaq listing is another major accomplishment for our company and for our investors,” said Bill Wignall, President and CEO of Sangoma. “While we are continuing to grow our business, both organically and with prudent acquisitions, we also recognize the importance of key corporate development initiatives, to unlocking shareholder value. We believe that having Sangoma trade on Nasdaq, where many of the world’s best technology companies choose to list, is one more such step along the way in creating additional value for our investors.”