Talen Energy Corporation Announces Expected Listing on the NASDAQ Global Select Market
Talen Energy (OTCQX: TLNE) has announced its anticipated move to the NASDAQ Global Select Market. The company's common stock is expected to commence trading under the new symbol 'TLN' on July 10, 2024, following the final trading day on the OTCQX Best Market on July 9, 2024.
Talen has filed an acceleration request with the SEC for its registration statement on Form S-1, which is not yet effective and does not pertain to any imminent financing activities. The company cannot guarantee that the SEC will approve the Form S-1 or the NASDAQ listing application.
Currently, Talen's common stock is not registered under the Securities Act of 1933 and cannot be offered or sold in the U.S. without registration or an exemption. This press release does not constitute an offer to sell or buy securities. All offers and sales will comply with the Securities Act's registration requirements.
For further information, contact Ellen Liu, Senior Director of Investor Relations, or Taryne Williams, Director of Corporate Communications.
- Talen Energy is expected to list on the NASDAQ Global Select Market, potentially increasing stock visibility and liquidity.
- There is no assurance that the SEC will approve Talen's Form S-1 or that the NASDAQ listing application will be successful.
The Company has filed an acceleration request with the Securities and Exchange Commission with respect to its registration statement on Form S-1 (File No. 333-280341) registering its common stock. The Form S-1 is not yet effective and does not relate to any pending or specific future financing. The Company cannot assure you that the Form S-1 will be declared effective or our application to list our common stock on NASDAQ will be approved.
The common stock is not currently registered under the Securities Act of 1933, as amended (the "Securities Act"), or the securities laws of any state and may not be offered or sold in
This press release is not intended to, and does not, constitute an offer to sell or the solicitation of an offer to buy any securities. Any offers, solicitations of offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act. This press release is being issued in accordance with Rule 135 under the Securities Act.
Investor Relations:
Ellen Liu
Senior Director, Investor Relations
InvestorRelations@talenenergy.com
(281) 203-5435
Media:
Taryne Williams
Director, Corporate Communications
Taryne.Williams@talenenergy.com
(610) 601-0327
Forward-Looking Statements
This communication contains forward-looking statements within the meaning of the federal securities laws, which statements are subject to substantial risks and uncertainties. These forward-looking statements are intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact included in this communication, or incorporated by reference into this communication, are forward-looking statements. Throughout this communication, we have attempted to identify forward-looking statements by using words such as "anticipate," "believe," "continue," "could," "estimate," "expect," "forecasts," "goal," "intend," "may," "plan," "potential," "predict," "project," "seek," "should," "will," or other forms of these words or similar words or expressions or the negative thereof, although not all forward-looking statements contain these terms. Forward-looking statements address future events and conditions concerning, among other things, the proposed registration of our common stock on Form S-1, the listing of our common stock on Nasdaq, capital expenditures, earnings, litigation, regulatory matters, hedging, liquidity and capital resources and accounting matters. Forward-looking statements are subject to substantial risks and uncertainties that could cause our future business, financial condition, results of operations or performance to differ materially from our historical results or those expressed or implied in any forward-looking statement contained in this communication. All of our forward-looking statements include assumptions underlying or relating to such statements that may cause actual results to differ materially from expectations and are subject to numerous factors that present considerable risks and uncertainties. Forward-looking statements speak only as of the date they are made. We undertake no obligation to update any forward-looking statements beyond what is required under applicable securities law.
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SOURCE Talen Energy Corporation
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