TOYO Co., Ltd Warrants to Commence Trading on OTC Markets
Rhea-AI Summary
TOYO Co., (Nasdaq: TOYO), a solar solution company, announced that its warrants will commence trading on the OTCQB under the ticker symbol TOYWF starting February 24, 2025. CEO and Chairman Mr. Junsei Ryu expressed excitement about this milestone, highlighting the enhanced market presence and additional liquidity for investors. The trading of TOYO's warrants on OTC Markets aims to provide greater flexibility and access for shareholders and a broader base of investors interested in the company's growth.
Positive
- TOYO's warrants begin trading on OTCQB, increasing market presence.
- Additional liquidity for investors through OTC Markets.
- Greater flexibility and access for shareholders and investors.
Negative
- None.
News Market Reaction
On the day this news was published, TOYO declined 2.72%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
"We are excited to see TOYO's warrants begin trading on the OTCQB," said Mr. Junsei Ryu, CEO and Chairman of TOYO. "This marks an important milestone for the company as we expand our market presence and provide additional liquidity for investors. The trading of our warrants on OTC Markets opens the door to more flexibility and greater access for our shareholders and broader base of investors looking to participate in the Company's growth trajectory."
About TOYO Co., Ltd.
TOYO is a solar solutions company that is committed to becoming a full-service solar solutions provider in the global market, integrating the upstream production of wafers and silicon, midstream production of solar cells, downstream production of photovoltaic modules, and potentially other stages of the solar power supply chain. TOYO is well-positioned to produce high-quality solar cells at a competitive scale and cost.
Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "expect," "anticipate," "believe," "seek," "target" or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include but are not limited to, statements regarding the expected growth of TOYO, the expected order delivery of TOYO, TOYO's construction plan of manufactures, and strategies for building up an integrated value chain in the
The forward-looking statements in this press release involve risks, uncertainties, and other factors that may cause actual results, levels of activity, performance, or achievements to materially differ from those expressed or implied by these forward-looking statements. Although TOYO believes that it has a reasonable basis for each forward-looking statement contained in this press release, TOYO cautions you that these forward-looking statements are based on a combination of facts and factors currently known and projections of the future, which are inherently uncertain. In addition, there are risks and uncertainties described in the documents filed by TOYO from time to time with the Securities and Exchange Commission (the "SEC"). These filings may identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements in this press release.
TOYO cannot assure you that the forward-looking statements in this press release will prove to be accurate. These forward-looking statements are subject to several risks and uncertainties, including, among others, the outcome of any potential litigation, government or regulatory proceedings, the sales performance of TOYO, and other risks and uncertainties, including but not limited to those included under the heading "Risk Factors" in the filings of TOYO with the SEC. There may be additional risks that TOYO does not presently know or that TOYO currently believes are immaterial that could also cause actual results to differ from those contained in these forward-looking statements. In light of the significant uncertainties in these forward-looking statements, nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. The forward-looking statements in this press release represent the views of TOYO as of the date of this press release. Subsequent events and developments may cause those views to change. However, while TOYO may update these forward-looking statements in the future, there is no current intention to do so except to the extent required by applicable law. You should, therefore, not rely on these forward-looking statements to represent the views of TOYO as of any date subsequent to the date of this press release. Except as required by law, TOYO does not undertake any duty to update these forward-looking statements.
Contact Information:
For TOYO Co., Ltd.
IR@toyo-solar.com
Crocker Coulson
Email: crocker.coulson@aummedia.or
Tel: (646) 652-7185
View original content:https://www.prnewswire.com/news-releases/toyo-co-ltd-warrants-to-commence-trading-on-otc-markets-302383297.html
SOURCE TOYO Co., Ltd
FAQ
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