DANIA BEACH, Fla., May 28, 2014
/PRNewswire/ -- Vapor Corp. (OTCQB: VPCO; "Vapor", the
"Company"), a leading U.S. based electronic cigarette and vaporizer
company whose brands include Krave®, VaporX®, Hookah Stix®,
Alternacig®, and Fifty-One®, today announced that The NASDAQ Stock
Market LLC has approved the Company's application to have its
common stock listed on The NASDAQ Capital Market. Effective at the
opening of trading on May 30, 2014,
the Company's common stock will trade on The NASDAQ Capital Market
under its existing symbol "VPCO."
"Uplisting to NASDAQ represents a key milestone for Vapor Corp.
We believe that trading on The NASDAQ Capital Market will provide
us increased visibility in the market place, greater access to
capital, a broader investor base and ultimately help us implement
our growth initiatives and enhance shareholder value," said
Jeff Holman, Chairman, President and
CEO of Vapor Corp. "We likewise believe the additional exposure and
credibility that Vapor Corp. will receive from the investment
community as a NASDAQ listed company will generate broader media
and industry awareness of our business and brands."
The Company's common stock will continue to be quoted on the
OTCQB under its existing symbol "VPCO" until the close of trading
on May 29, 2014.
For additional information regarding this matter, reference is
made to the Company's Current Report on Form 8-K dated May 28, 2014, as filed with the Securities and
Exchange Commission on May 28,
2014.
About Vapor Corp.
Vapor Corp., is a leading U.S. based electronic cigarette and
vaporizer company whose brands include Krave®, VaporX®, Hookah
Stix®, Alternacig® and Fifty-One®. We also design and develop
private label brands for some of our distribution customers.
Electronic cigarettes or "e-cigarettes," and vaporizers are
battery-powered products that enable users to inhale nicotine vapor
without smoke, tar, ash or carbon monoxide. Vapor's electronic
cigarettes, vaporizers and accessories are available online,
through direct response to our television advertisements and
through retail locations throughout the
United States. For more information on Vapor Corp. and its
e-cigarette and vaporizer brands, please visit us at
www.vapor-corp.com.
Safe Harbor Statement
This press release contains certain forward-looking
statements that are made pursuant to the "Safe Harbor" provisions
of the Private Securities Litigation Reform Act of 1995, as
amended. Words such as "expects," "anticipates," "plans,"
"believes," "scheduled," "estimates" and variations of these words
and similar expressions are intended to identify forward-looking
statements. These forward-looking statements concern Vapor's
operations, economic performance, financial condition and pending
purchase of International Vapor Group, Inc.'s e-commerce, wholesale
and retail operations and are based largely on Vapor's beliefs and
expectations. These statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of Vapor to be materially different
from any future results, performance or achievements expressed or
implied by such forward-looking statements. Certain of these
factors and risks, as well as other risks and uncertainties are
stated in Vapor's Annual Report on Form 10-K for the fiscal year
ended December 31, 2013 and in
Vapor's subsequent filings with the U.S. Securities and Exchange
Commission. These forward-looking statements are made as of the
date of this press release, and Vapor assumes no obligation to
update the forward-looking statements or to update the reasons why
actual results could differ from those projected in the
forward-looking statements.
Contacts:
IR: Jeffrey Goldberger /
Garth Russell
KCSA Strategic Communications
jgoldberger@kcsa.com / grussell@kcsa.com
(212)-896-1249 / (212)896-1250
SOURCE Vapor Corp.