Information Analysis Approved for Uplisting of Common Stock to NASDAQ
Information Analysis Incorporated (OTCQB:IAIC) has announced that its common stock will commence trading on The Nasdaq Capital Market starting on November 26, 2021. This uplisting is viewed as a significant milestone in the company's strategy to enhance its presence in the Zero Trust technology sector. CEO Jamie Benoit emphasized that this move provides greater investor exposure, improved liquidity, and heightens the company's profile. IAI specializes in information technology products and services, focusing on software conversions and security.
- Uplisting to Nasdaq expected to improve stock liquidity.
- Increased exposure to a broader range of investors.
- Strategic focus on Zero Trust technology solutions.
- None.
Trading Expected to Commence on November 26, 2021
FAIRFAX, Va., Nov. 19, 2021 (GLOBE NEWSWIRE) -- Information Analysis Incorporated (“IAI” or “the Company”) (OTCQB:IAIC) announced today that the Company's common stock has been approved for listing on The Nasdaq Capital Market. The Company anticipates trading to begin on November 26, 2021 under the ticker symbol "IAIC". The Company's common stock will continue to trade on the OTC Markets quotation system on the OTCBB until trading commences on The Nasdaq Capital Market.
"Uplisting to The Nasdaq Capital Market is another important milestone in IAI's transformation into a leading provider of Zero Trust technology to commercial and government customers and in our efforts to build long-term shareholder value," said Jamie Benoit, CEO of IAI. "Moving to the Nasdaq gives our shares exposure to a broader range of investors, improves the liquidity of our common stock, and enhances our Company’s profile.”
About Information Analysis Incorporated
Information Analysis Incorporated (www.infoa.com), headquartered in Fairfax, Virginia, is an information technology products and services company. The Company historically specializes in software conversions, systems modernization and security.
In August 2021, IAI appointed Jamie Benoit to lead a corporate transformation of IAI into a provider of Zero Trust technology solutions to commercial and government organizations.
Additional information for investors
This release may contain forward-looking statements regarding the Company's business, customer prospects, or other factors that may affect future earnings or financial results. Such statements involve risks and uncertainties which could cause actual results to vary materially from those expressed in the forward-looking statements. Investors should read and understand the risk factors detailed in the Company's 10-K for the fiscal year ended December 31, 2020, and in other filings with the Securities and Exchange Commission.
For additional information contact:
Jeremy Hellman, CFA
Vice President
The Equity Group Inc.
(212) 836-9626
Tim Hannon, CPA
Chief Financial Officer
Information Analysis Incorporated
thannon@infoa.com
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