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RDE, Inc. Announces NASDAQ Ticker Symbol Change to GIFT

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RDE, Inc., owner of Restaurant.com and CardCash.com, announced a ticker symbol change from RSTN to GIFT on the NASDAQ, effective September 4, 2024. The new symbol better reflects the company's focus on gift cards, incentives, and rewards in retail, dining, and entertainment experiences.

CEO Ketan Thakker stated that the change underscores RDE's commitment to delivering value and innovative solutions to customers. The company's CUSIP remains unchanged, and no action is required from existing shareholders regarding the symbol change.

RDE, Inc., proprietario di Restaurant.com e CardCash.com, ha annunciato un cambiamento del simbolo azionario da RSTN a GIFT nel NASDAQ, con effetto dal 4 settembre 2024. Il nuovo simbolo riflette meglio l'attenzione dell'azienda su carte regalo, incentivi e premi nelle esperienze di vendita al dettaglio, ristorazione e intrattenimento.

Il CEO Ketan Thakker ha dichiarato che il cambiamento sottolinea l'impegno di RDE nel fornire valore e soluzioni innovative ai clienti. Il CUSIP dell'azienda rimane invariato e non è richiesta alcuna azione da parte degli azionisti esistenti riguardo al cambiamento del simbolo.

RDE, Inc., propietario de Restaurant.com y CardCash.com, anunció un cambio de símbolo bursátil de RSTN a GIFT en el NASDAQ, efectivo el 4 de septiembre de 2024. El nuevo símbolo refleja mejor el enfoque de la empresa en tarjetas de regalo, incentivos y recompensas en experiencias de venta minorista, gastronomía y entretenimiento.

El CEO Ketan Thakker declaró que el cambio subraya el compromiso de RDE de ofrecer valor y soluciones innovadoras a los clientes. El CUSIP de la empresa se mantiene sin cambios, y no se requiere ninguna acción por parte de los accionistas existentes con respecto al cambio de símbolo.

RDE, Inc.Restaurant.comCardCash.com의 소유자로서, 2024년 9월 4일부터 NASDAQ에서 RSTN에서 GIFT로 ticker symbol을 변경한다고 발표했습니다. 새로운 심볼은 소매, 외식 및 엔터테인먼트 경험에서 선물 카드, 인센티브 및 보상에 대한 회사의 초점을 더 잘 반영합니다.

CEO Ketan Thakker는 이 변화가 RDE의 고객에게 가치를 제공하고 혁신적인 솔루션을 제공하겠다는 의지를 강조한다고 말했습니다. 회사의 CUSIP은 변경되지 않으며, 기존 주주들은 심볼 변경에 대해 어떤 조치도 필요하지 않습니다.

RDE, Inc., propriétaire de Restaurant.com et CardCash.com, a annoncé un changement de symbole boursier de RSTN à GIFT sur le NASDAQ, effectif le 4 septembre 2024. Le nouveau symbole reflète mieux l'accent mis par l'entreprise sur les cartes-cadeaux, les incitations et les récompenses dans le commerce de détail, la restauration et les expériences de divertissement.

Le PDG Ketan Thakker a déclaré que ce changement souligne l'engagement de RDE à offrir de la valeur et des solutions innovantes à ses clients. Le CUSIP de l'entreprise reste inchangé, et aucune action n'est requise de la part des actionnaires existants concernant le changement de symbole.

RDE, Inc., Eigentümer von Restaurant.com und CardCash.com, hat eine Änderung des Tickersymbols von RSTN zu GIFT an der NASDAQ angekündigt, die am 4. September 2024 wirksam wird. Das neue Symbol spiegelt besser den Fokus des Unternehmens auf Geschenkkarten, Anreize und Belohnungen im Einzelhandel, bei Gastronomie und Unterhaltung wider.

CEO Ketan Thakker erklärte, dass die Änderung das Engagement von RDE hervorhebt, den Kunden Wert und innovative Lösungen zu bieten. Die CUSIP des Unternehmens bleibt unverändert, und von den bestehenden Aktionären ist keine Aktion in Bezug auf die Änderung des Symbols erforderlich.

Positive
  • Rebranding ticker symbol to align with core business focus
  • Potential for improved investor recognition and brand visibility
Negative
  • None.

SCHAUMBURG, IL, Sept. 03, 2024 (GLOBE NEWSWIRE) -- September 3, 2024: RDE, Inc. (NASDAQ: RSTN, GIFT) (the “Company”), the owner and operator of leading digital platforms, Restaurant.com and CardCash.com, with a focus on incentives and rewards in retail, dining, and entertainment experiences, today announced that it will be changing its ticker symbol from “RSTN” to “GIFT”. Effective on Wednesday, September 4, 2024, the Company’s common shares will trade on the NASDAQ under the new symbol “GIFT”.

"We are excited to announce our new ticker symbol, 'GIFT,' which more accurately reflects RDE's core mission and leadership in the online gift card, incentives, and rewards space," said Ketan Thakker, CEO of RDE, Inc. "As we continue to expand our platforms, Restaurant.com and CardCash.com, this new symbol underscores our commitment to delivering unparalleled value in retail, dining, and entertainment experiences. 'GIFT' represents not just our offerings, but our dedication to enriching the lives of our customers through innovative solutions."

No action is required by existing shareholders with respect to the ticker symbol change. The Company’s common stock will continue to be listed on the NASDAQ and the CUSIP will remain unchanged.

About RDE, Inc.

RDE, Inc. (Restaurant, Dining and Entertainment) is a pioneer in the incentive and rewards industry with a focus on retail, dining & entertainment experiences. Its Restaurant.com is the nation’s largest restaurant-focused digital deals brand and CardCash.com is a leading secondary gift card exchange platform. Restaurant.com and our Corporate Incentives division connect digital consumers, businesses and communities offering thousands of dining, retail and entertainment deal options nationwide at over 184,000 restaurants and retailers. Restaurant.com prides itself on offering the best deal, every meal. Our restaurant certificates and gift cards allow customers to save at thousands of restaurants across the country with just a few clicks. CardCash.com is renowned for its leading secondary gift card exchange platform, allowing consumers and retailers to realize value by buying and selling gift cards at various scales.

For more information, visit: www.rdeholdings.com and https://www.restaurant.com and www.cardcash.com.

Forward-Looking Statements

Press Releases may include forward-looking statements. In particular, the words “believe,” “may,” “could,” “should,” “expect,” “anticipate,” “estimate,” “project," "propose," "plan," "intend," and similar conditional words and expressions are intended to identify forward-looking statements. Any statements made in this news release about an action, event or development, are forward-looking statements. Such statements are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the company. Accordingly, you should not place undue reliance on these forward-looking statements. Although the company believes that the expectations reflected in the forward-looking statements are reasonable, it can give no assurance that its forward-looking statements will prove to be correct. Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected. The forward-looking statements in this press release are made as of the date hereof. The company takes no obligation to update or correct its own forward-looking statements, except as required by law or those prepared by third parties that are not paid by the company. Statements in this press release that are not historical fact may be deemed forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although RDE, Inc. believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, RDE, Inc. is unable to give any assurance that its expectations will be attained. Factors that could cause actual results to differ materially from expectations include the company’s ability identify a suitable business model for the corporation.

Investors Contacts:
ClearThink
nyc@clearthink.capital


FAQ

When will RDE Inc's new NASDAQ ticker symbol GIFT become effective?

RDE Inc's new NASDAQ ticker symbol GIFT will become effective on Wednesday, September 4, 2024.

What is RDE Inc's current ticker symbol before changing to GIFT?

RDE Inc's current ticker symbol before changing to GIFT is RSTN.

What platforms does RDE Inc own and operate?

RDE Inc owns and operates Restaurant.com and CardCash.com, which focus on incentives and rewards in retail, dining, and entertainment experiences.

Do shareholders need to take any action due to RDE Inc's ticker symbol change from RSTN to GIFT?

No, existing shareholders do not need to take any action regarding the ticker symbol change from RSTN to GIFT.

RDE, Inc.

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