ACV Announces Transfer of Listing of Common Stock to the New York Stock Exchange
Rhea-AI Summary
ACV (ACVA), a leading digital automotive marketplace and data services partner, has announced the transfer of its common stock listing from Nasdaq to the New York Stock Exchange (NYSE). The transition is scheduled to take effect on March 24, 2025, with the stock continuing to trade under the ticker symbol 'ACVA' on Nasdaq until market close on March 21, 2025.
Bill Zerella, CFO of ACV, expressed enthusiasm about the move, highlighting the NYSE's market infrastructure and global visibility as potential enhancers of the company's stockholder reach. Chris Taylor, Chief Development Officer of NYSE, welcomed ACV to their exchange, emphasizing the unique visibility and liquidity benefits that NYSE provides to listed companies.
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- Transfer to NYSE may provide enhanced market visibility and liquidity
- Company maintains consistent ticker symbol (ACVA) during transition
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- None.
BUFFALO, N.Y., March 11, 2025 (GLOBE NEWSWIRE) -- ACV (Nasdaq: ACVA), a leading digital automotive marketplace and data services partner for dealers and commercial clients, announced today that it will transfer the listing and trading of its common stock to the New York Stock Exchange (“NYSE”) from the Nasdaq Stock Market LLC (“Nasdaq”).
ACV’s common stock is expected to begin trading on the NYSE on March 24, 2025, and will continue to be traded under its current ticker symbol “ACVA.” ACV’s common stock is expected to continue to trade on Nasdaq until the close of the market on March 21, 2025.
“We are excited to announce the transfer of our company’s stock listing to the NYSE, which represents another step in our journey as a public company,” said Bill Zerella, CFO of ACV. “We believe the NYSE's market infrastructure and global visibility will strengthen our position and expand our reach to stockholders.”
“We are pleased to welcome ACV to our community of listed companies,” said Chris Taylor, Chief Development Officer, New York Stock Exchange. “We look forward to working with the company for years to come, as it takes advantage of the visibility and liquidity that the NYSE uniquely provides.”
About ACV Auctions
ACV is on a mission to transform the automotive industry by building the most trusted and efficient digital marketplace and data solutions for sourcing, selling and managing used vehicles with transparency and comprehensive insights that were once unimaginable. ACV offerings include ACV Auctions, ACV Transportation, ACV Capital, ACV MAX, True360, and ClearCar.
For more information about ACV, visit www.acvauto.com.
Investor Contact:
Tim Fox
tfox@acvauctions.com
Media Contact:
Maura Duggan
mduggan@acvauctions.com
FAQ
When will ACV (ACVA) stock begin trading on the NYSE?
Will ACV's ticker symbol ACVA change after moving to NYSE?
What benefits does ACV expect from transferring to NYSE?
Until when will ACVA continue trading on Nasdaq?
