Coastal Contacts to Begin Trading on NASDAQ Under Symbol 'COA'
The common stock of Coastal Contacts (NASDAQ: COA) was approved for listing on the NASDAQ Capital Market under the symbol "COA." Coastal expects that its shares will begin trading on Thursday, October 25, 2012. The stock will continue to trade on the Toronto Stock Exchange and the Nasdaq OMX Stockholm exchange.
"Our listing on the NASDAQ represents another important milestone for our company," said Roger Hardy, Coastal's Founder and CEO. "The decision to obtain a NASDAQ listing was taken to address the demand expressed by U.S. based investors and fund managers that want to participate in the growth of Coastal but are only able to own U.S. listed stocks."