Smith-Midland Corp. Retains Three Part Advisors as Investor Relations Counsel
Smith-Midland Corporation (OTCQX:SMID), a leader in precast concrete products, has partnered with Three Part Advisors, LLC to enhance its investor relations strategy. This collaboration aims to increase investor awareness and improve exposure within the investment community. Three Part Advisors brings experienced Wall Street professionals to implement a strategic IR program, aligning with the company's future growth potential. Management holds about 17.5% of SMID stock, emphasizing a commitment to shareholder interests. The firm’s history reflects a strong focus on increasing liquidity and decreasing stock price volatility.
- Collaboration with Three Part Advisors expected to enhance investor awareness.
- Management holding approximately 17.5% of SMID stock aligns interests with shareholders.
- Three Part Advisors has a proven track record for improving trading liquidity and reducing stock price volatility.
- Uncertainties exist due to the COVID-19 pandemic potentially affecting operations and demand.
- Risks include competitive products and pricing pressures.
- General economic conditions could adversely impact the company's performance.
MIDLAND, VA / ACCESSWIRE / September 2, 2020 / Smith-Midland Corporation (OTCQX:SMID), which develops, manufactures, licenses, rents, and sells a broad array of precast concrete products for use primarily in the construction, transportation, and utilities industries, today announced it has retained Three Part Advisors, LLC, a rapidly growing, full-service investor relations ("IR") consulting firm.
Three Part Advisors will work directly with management to develop and execute a comprehensive, strategic investor relations program that focuses on educating investors and increasing exposure within the investment community. In addition to providing investor relations consulting services, Three Part Advisors also produces IDEAS Conferences, which are annual independent regional investor conferences that attract more than 150 quality presenting companies and more than 1,000 investors and analysts annually.
"We believe Three Part Advisors will be instrumental in proactively increasing awareness and educating investors about the significant opportunities that lie ahead for our Company," said Mr. Ashley Smith, President and CEO of Smith-Midland. "Three Part Advisors employs seasoned Wall Street professionals and has an excellent reputation for implementing successful IR programs."
"We are excited to work with Smith-Midland on its investor relations program," said Steven Hooser, Partner at Three Part Advisors. " They have a great story to tell, which in many ways has gone under the radar of many in the investment community. Smith-Midland is a market leader in precast concrete and has a great reputation as an innovator in the space. They have a great value proposition with patented products that create problem-solving solutions with expert craftsmanship, integrity, and lean manufacturing, all while focused on safety. The strong value proposition of their products, combined with rental and licensing revenue, position the company to drive solid returns for shareholders and presents a tremendous opportunity for new investors."
About Smith-Midland Corporation
Smith-Midland develops, manufactures, licenses, rents, and sells a broad array of precast concrete products for use primarily in the construction, transportation and utilities industries. Management and the Board own approximately
About Three Part Advisors, LLC
Three Part Advisors, LLC provides independent research, investor relations, and corporate development consulting services. The firm has a proven record of assisting public company clients to increase trading liquidity and decrease stock price volatility, which ultimately impacts total valuation and lowers the cost of capital. Three Part Advisors' professionals design custom investor relations programs to improve visibility, develop the right message, and attract the right investors for clients' current goals and strategic vision. More information is available at www.threepa.com
Forward-Looking Statements
This announcement contains forward-looking statements, which involve risks and uncertainties. The Company's actual results may differ significantly from the results discussed in the forward-looking statements. Factors which might cause such a difference include, but are not limited to, the risk that the COVID-19 outbreak may significantly adversely affect future operations, product demand, the impact of competitive products and pricing, capacity and supply constraints or difficulties, general business and economic conditions, our debt exposure, the effect of the Company's accounting policies and other risks detailed in the Company's Annual Report on Form 10-K and other filings with the Securities and Exchange Commission.
Contacts:
Smith-Midland Corp.
AJ Krick, CFO
540-439-3266
investors@smithmidland.com
Three Part Advisors
Steven Hooser, Partner
214-872-2710
shooser@threepa.com
SOURCE: Smith-Midland Corporation
View source version on accesswire.com:
https://www.accesswire.com/604422/Smith-Midland-Corp-Retains-Three-Part-Advisors-as-Investor-Relations-Counsel
FAQ
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