Envela Announces Dual Listing on NYSE Texas
Envela Corporation (ELA) has announced its dual listing on the newly launched NYSE Texas exchange, while maintaining its primary listing on the NYSE American under the same ticker symbol ELA. As a Founding Member of NYSE Texas, Envela is supporting the launch of this fully electronic equities exchange based in Dallas.
The company's CEO, John Loftus, emphasized Texas's resilient economy and entrepreneurial spirit as key factors in their decision. NYSE Group's Chief Development Officer, Chris Taylor, welcomed Envela's support for the new exchange, highlighting how NYSE Texas enables companies to leverage the state's pro-business environment.
Envela Corporation (ELA) ha annunciato la sua doppia quotazione sul neonato NYSE Texas, mantenendo al contempo la quotazione primaria sul NYSE American con lo stesso simbolo ticker ELA. In qualità di Membro Fondatore di NYSE Texas, Envela sostiene il lancio di questa borsa azionaria completamente elettronica con sede a Dallas.
Il CEO dell'azienda, John Loftus, ha sottolineato l'economia resiliente del Texas e lo spirito imprenditoriale come fattori chiave della loro decisione. Chris Taylor, Chief Development Officer di NYSE Group, ha accolto con favore il sostegno di Envela per la nuova borsa, evidenziando come NYSE Texas permetta alle aziende di sfruttare l'ambiente favorevole agli affari dello stato.
Envela Corporation (ELA) ha anunciado su doble cotización en la recién inaugurada bolsa NYSE Texas, manteniendo su cotización principal en NYSE American bajo el mismo símbolo bursátil ELA. Como Miembro Fundador de NYSE Texas, Envela apoya el lanzamiento de esta bolsa de valores totalmente electrónica con sede en Dallas.
El CEO de la compañía, John Loftus, destacó la economía resiliente de Texas y el espíritu emprendedor como factores clave en su decisión. Chris Taylor, Director de Desarrollo de NYSE Group, dio la bienvenida al apoyo de Envela para la nueva bolsa, resaltando cómo NYSE Texas permite a las empresas aprovechar el entorno proempresarial del estado.
Envela Corporation (ELA)는 새로 출범한 NYSE Texas 거래소에 이중 상장을 발표했으며, 동일한 티커 심볼 ELA로 NYSE American에서의 주 상장도 유지합니다. NYSE Texas의 창립 회원으로서 Envela는 댈러스에 본사를 둔 이 완전 전자식 주식 거래소 출범을 지원하고 있습니다.
회사의 CEO 존 로프터스는 텍사스의 회복력 있는 경제와 기업가 정신을 결정 요인으로 강조했습니다. NYSE 그룹의 최고개발책임자 크리스 테일러는 Envela의 새로운 거래소 지원을 환영하며, NYSE Texas가 기업들이 주의 친기업 환경을 활용할 수 있게 한다고 강조했습니다.
Envela Corporation (ELA) a annoncé sa double cotation sur la toute nouvelle bourse NYSE Texas, tout en conservant sa cotation principale sur le NYSE American sous le même symbole boursier ELA. En tant que membre fondateur de NYSE Texas, Envela soutient le lancement de cette bourse d'actions entièrement électronique basée à Dallas.
Le PDG de l'entreprise, John Loftus, a souligné l'économie résiliente du Texas et l'esprit entrepreneurial comme facteurs clés de leur décision. Chris Taylor, directeur du développement du groupe NYSE, a salué le soutien d'Envela à cette nouvelle bourse, mettant en avant la manière dont NYSE Texas permet aux entreprises de tirer parti de l'environnement favorable aux affaires de l'État.
Envela Corporation (ELA) hat seine doppelte Notierung an der neu eingeführten NYSE Texas Börse bekanntgegeben und behält dabei seine Hauptnotierung an der NYSE American unter dem gleichen Tickersymbol ELA bei. Als Gründungsmitglied von NYSE Texas unterstützt Envela den Start dieser vollständig elektronischen Aktienbörse mit Sitz in Dallas.
Der CEO des Unternehmens, John Loftus, hob die widerstandsfähige Wirtschaft und den Unternehmergeist von Texas als entscheidende Faktoren für ihre Entscheidung hervor. Chris Taylor, Chief Development Officer der NYSE Group, begrüßte Envelas Unterstützung für die neue Börse und betonte, wie NYSE Texas Unternehmen ermöglicht, das unternehmensfreundliche Umfeld des Bundesstaates zu nutzen.
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IRVING, TX / ACCESS Newswire / May 15, 2025 / Envela Corporation today announced the dual listing of its common stock on NYSE Texas, the newly launched fully electronic equities exchange based in Dallas. The Company will maintain its primary listing on the NYSE American and will trade under the same ticker symbol, ELA, on NYSE Texas.
"As a proud Texas-based company, we're excited to support the launch of NYSE Texas as a Founding Member and to be part of this bold step forward in market innovation," said John Loftus, CEO of Envela "Texas offers an outstanding environment for business-driven by a resilient economy and the entrepreneurial spirit that defines the Lone Star State. Envela has always thrived on adaptability, and this dual listing marks another strategic move as we embrace the future of U.S. capital markets."
"We are delighted to welcome Envela Corporation to NYSE Texas," said Chris Taylor, Chief Development Officer, NYSE Group. "NYSE Texas allows companies to capitalize on Texas's pro-business dynamics and we applaud Envela for supporting NYSE Texas and the State of Texas through this new listing."
About Envela®
Envela Corporation (NYSE American:ELA) is a leading provider of re-commerce services, driving innovation at the forefront of the circular economy. We Reuse, Recycle, and Reimagine to offer consumers alternatives, contribute to environmental sustainability, and maximize product value. As a sustainability-focused company, Envela extends product lifecycles to minimize resource consumption and carbon emissions. By focusing on our core strengths, we create exceptional value and strive to leave the world better than we found it-without attempting to be everything to everyone.
The company operates through two primary business segments: Consumer and Commercial. The Consumer segment includes retail stores and online platforms offering premium brands and luxury hard assets, while the Commercial segment delivers tailored re-commerce solutions to clients, including many Fortune 500 companies. To learn more about our innovative approach, visit Envela.com.
Cautionary Statement Regarding Forward-Looking Information
This press release contains statements that may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995's safe harbor provisions, including statements regarding future events and developments; potential expansions, purchases and acquisitions; potential future success of business lines and strategies; and management's expectations, beliefs, plans, estimates and projections relating to the future. Words such as "believes," "anticipates," "plans," "may," "intends," "will," "should," "expects" and similar expressions are intended to identify forward-looking statements. Forward-looking statements are based on management's then current views and assumptions and, as a result, are subject to certain risks and uncertainties, which could cause the Company's actual results to differ materially from those projected. These risks and uncertainties include, but are not limited to, risks described more fully in Item 1A in the Company's Annual Report on Form 10-K, which are expressly incorporated herein by reference, and other factors as may periodically be described in the Company's filings with the SEC. By making these statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release except as required by law.
Investor Relations Contact
ir@envelacorp.com
972-587-4030
SOURCE: Envela Corporation
View the original press release on ACCESS Newswire
FAQ
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