Nasdaq Welcomes Cielo S.A. to the Nasdaq International Designation
January 22 2018 - 9:30AM
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 Nasdaq’s 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 region’s
digital transformation. As home to the world’s 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 company’s
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.
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visit: http://business.nasdaq.com
Media Relations Contact:
- Stephanie Lowenthal
- (646) 441-5073
- Stephanie.Lowenthal@nasdaq.com
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- Emily Pan
- (646) 441-5120
- emily.pan@nasdaq.com
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