Westway Group Inc, New Orleans LA, announced today that the storage terminal operator received approval to list its Class A common stock, warrants and units on the NASDAQ Capital Market.
Westway’s Class A Common Stock, warrants and units were scheduled to be listed on the NASDAQ Capital Market on December 21 under the symbols "WWAY," "WWAYW," and "WWAYU," respectively. Prior to the listing, Westway’s common shares, warrants and units continued to trade on the Over the Counter Bulletin Board. With the NASDAQ listing, Westway will no longer trade with the stock symbol WTWG.
"We are extremely pleased and honored to list our securities on NASDAQ, one of the world's preeminent stock exchanges," said Peter Harding, Westway chief executive officer. "We consider this upgrade as a significant milestone in Westway's development and validation of our corporate governance practices. We expect that our Company will attain higher visibility within the investment community and media, leading to improved liquidity of our stock and the attraction of new shareholders."