Daxor Corporation to Commence Trading on The Nasdaq Capital Market On February 2, 2022
January 20 2022 - 4:05PM
Daxor Corporation (NYSE: DXR), the global leader in blood volume
measurement technology, today announces that it will commence
trading on The Nasdaq Capital Market effective at the opening of
trading on February 2, 2022, transferring the listing of its common
stock from the New York Stock Exchange - American. Daxor’s common
stock will continue trading under the ticker symbol “DXR” after the
transfer. The Company’s common stock will continue to trade on the
NYSE American until the market closes on February 1, 2022.
“Nasdaq’s long tradition of listing
category-defining medical technology companies aligns well with
Daxor’s innovative blood volume technology portfolio,” commented
Michael Feldschuh, CEO and President of Daxor. “We believe the move
to Nasdaq will improve the visibility of our stock, enhance trading
liquidity in our shares, and provide us with greater exposure to
institutional investors. We are grateful for the partnership and
support that the New York Stock Exchange has provided to us over
our many years with them.”
About Daxor Corporation
Daxor Corporation (NYSE: DXR) is the global
leader in blood volume measurement technology focused on blood
volume testing innovation. We developed and market the BVA-100®
(Blood Volume Analyzer), the first diagnostic blood test cleared by
the FDA to provide safe, accurate, objective quantification of
blood volume status and composition compared to patient-specific
norms. The BVA technology enhances hospital performance metrics in
a broad range of surgical and medical conditions, including heart
failure and critical care, by informing treatment strategies,
resulting in significantly improved multiple measures of patient
outcomes. Daxor’s mission is to advance healthcare by enabling
optimal fluid management with blood volume analysis. Daxor’s vision
is optimal blood volume for all. For more information, please visit
our website at Daxor.com.
Forward-Looking Statements
Certain statements in this release may include
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995, including without
limitation, statements regarding the impact of hiring sales staff
and expansion of our distribution channels. Forward-looking
statements are predictions, projections and other statements about
future events that are based on current expectations and
assumptions and, as a result, are subject to risks and
uncertainties. Many factors could cause actual future events to
differ materially from the forward-looking statements in this
release, including, without limitation, those risk associated with
our post-market clinical data collection activities, benefits of
our products to patients, our expectations with respect to product
development and commercialization efforts, our ability to increase
market and physician acceptance of our products, potentially
competitive product offerings, intellectual property protection,
FDA regulatory actions, our ability to integrate acquired
businesses, our expectations regarding anticipated synergies with
and benefits from acquired businesses, and additional other risks
and uncertainties described in our filings with the SEC.
Forward-looking statements speak only as of the date when made.
Daxor does not assume any obligation to publicly update or revise
any forward-looking statements, whether as a result of new
information, future events or otherwise.
Investor Relations Contact:
Bret Shapiro Sr. Managing Partner, CORE IR516-222-2560
brets@coreir.com
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