Nasdaq Welcomes Cielo S.A. to the Nasdaq International Designation
NEW YORK, Jan. 22, 2018 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq:NDAQ) today announced that Cielo S.A. (BVMF:CIEL3) (OTC:CIOXY) (Nasdaq:CIOXY), a tech retail services company, leading the electronic payments sector in Latin America as one of the top 10 Brazilian corporations in terms of market value, is the latest company to join the Nasdaq International Designation. Through its membership, Cielo will have access to Nasdaqs investor relations services and unparalleled visibility assets to increase awareness with investors for their U.S.-traded Level 1 ADRs.
The Nasdaq International Designation is available to non-U.S. companies that have Level 1 ADRs or shares that trade on the over-the-counter market. Cielo joins additional South American Member companies Minerva Foods S.A. (BVMF: BEEF3/OTC - Nasdaq Intl: MRVSY) and Marfrig Global Foods S.A. (BVMF: MRFG3/OTC - Nasdaq Intl: MRRTY). We have seen strong sign of return to growth in South America and many companies are looking to tap into the U.S. market, said Bob McCooey, Senior Vice President, Nasdaq. Based in Barueri, Brazil, Cielo has been the driving force behind the regions digital transformation. As home to the worlds most innovative companies, we welcome Cielo to the Nasdaq International Designation program and look forward to support their continued success. Nasdaq International Member companies represent a diverse range of industry sectors and geographies. Other notable members include, Asia/Pacific Macquarie Group (ASX: MQG/OTC Nasdaq Intl: MQBKY), Qantas Airways (ASX: QAN/OTC Nasdaq Intl: QABSY), Alexium International (ASX: AJX/OTC Nasdaq Intl: AXXIY), Piedmont Lithium Ltd (ASX: PLL/OTC Nasdaq Intl: PLLLY), Audio Pixels Holdings (ASX: AKP/OTC Nasdaq Intl: ADPXY), Clinuvel Pharmaceuticals (ASX: CUV/OTC Nasdaq Intl: CLVLY), Cyberdyne Inc. (TYO: 7779/OTC Nasdaq Intl: CYBQY), Nidec Group (TYO: 6594/OTC Nasdaq Intl: NJDCY), Neometals, LTD (ASX: NMT/OTC Nasdaq Intl: RDRUY). Canada CES Energy Solutions (TSX: CEU/OTC Nasdaq Intl: CESDF), Northern Vertex Mining Corp (TSX.V: NEE/OTC Nasdaq Intl: NHVCF), Nautilus Minerals (TSX: NUS/OTC Nasdaq Intl: NUSMF). Europe Continental AG (XETRA: CON/OTC Nasdaq Intl: CTTAY), BE Semiconductor Industries NV (AMS: BESI/OTC Nasdaq Intl: BESIY), Earthport PLC (LSE: EPO/OTC Nasdaq Intl: EPCUF). Members of the Nasdaq International Designation program must be in compliance with the listing standards on their home country market and meet the Designation standards. Member companies are not listed or traded on The Nasdaq Stock Market and are not subject to the same listing or qualification standards applicable to securities listed or traded on the exchange. For further information on membership requirements and to apply for the Nasdaq International Designation, please visit http://business.nasdaq.com/list/international-designation The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Information about the company is provided by the company or comes from the companys public filings and is not independently verified by Nasdaq. Neither Nasdaq nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding Nasdaq-listed companies are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED. About Nasdaq
Nasdaq (Nasdaq:NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating todays global capital markets. As the creator of the worlds first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the worlds securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $12 trillion. To learn more, visit: http://business.nasdaq.com
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