8×8, channel-friendly provider of unified communications, has announced the pending transfer of the listing of its common stock from the NASDAQ to the New York Stock Exchange.
The company expects to begin trading on the NYSE on December 8, under its current ticker symbol “EGHT”. The company will continue to trade on the NASDAQ until the transfer is completed.
“This milestone reflects an important step in a series of strategic initiatives we are undertaking to strengthen the value of our brand, enhance our global presence with clients and business partners, and deliver on our commitment to increase shareholder value,” said Vik Verma, CEOat 8×8. “We believe NYSE is the ideal listing platform for 8×8 as we enter the next phase of our growth.”
John Tuttle, global head of listings at the NYSE, added: “As one of the world’s leading unified communications technology providers, we are delighted that 8×8 has chosen to list on the New York Stock Exchange and join our community of great technology companies.”
In celebration of the transfer, representatives from 8×8 will ring the NYSE Opening Bell at 9:30 a.m. Eastern Time on March 6, 2018.