Navios Maritime Holdings Inc. Begins Trading on NASDAQ's National Market System
November 03 2005 - 9:12AM
PR Newswire (US)
Units, Common Shares and Warrants to Trade Under Symbols BULKU,
BULK & BULKW PIRAEUS, Greece, Nov. 3 /PRNewswire-FirstCall/ --
Navios Maritime Holdings Inc ("Navios")
(NASDAQ:BULKUNASDAQ:BULKNASDAQ:BULKW), one of the leading global
brands in seaborne dry bulk shipping, announced today the
completion of its move to the NASDAQ's National Market System and
the commencement of trading for its common stock, warrants and
units. The trading symbols are as follows: Units: BULKU Common
Stock: BULK Warrants: BULKW Ms. Angeliki Frangou, the Chairman and
Chief Executive Officer of Navios, commented: "This is a very
important day for our Company. We believe that the NASDAQ listing
will widen our audience of investors, provide additional liquidity
for our stock, and afford our Company a fair and equitable
marketplace for the trading of our shares. We look forward to
working with the NASDAQ and leveraging the benefits that our
listing will provide." Bob Greifeld, President and Chief Executive
Officer of NASDAQ commented: "We are very pleased to be welcoming
Navios to our family of NASDAQ-listed companies. NASDAQ is highly
committed to the shipping industry and we greatly look forward to
working closely with Navios and its management." About Navios
Maritime Holdings Inc. Navios Maritime Holdings, Inc. is one of the
leading global brands in seaborne dry bulk shipping and is a
trusted partner for industrial end users, shipowners, financial
business partners, agents and brokers. As a public company, Navios
is committed to providing best-in-class service to both customers
and business partners. Navios maintains offices in South Norwalk,
Connecticut; Piraeus, Greece, and Montevideo, Uruguay. Navios's
stock is listed on the NASDAQ's National Market System where its
Units, Common Shares and Warrants trade under the symbols "BULKU",
"BULK", "BULKW." Risks and uncertainties are described in reports
filed by Navios Maritime Holdings Inc. with the United States
Securities and Exchange Commission. Safe Harbor This press release
may contain forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995 about Navios
Maritime Holdings Inc. (Navios). Forward looking statements are
statements that are not historical facts. Such forward-looking
statements, based upon the current beliefs and expectations of
Navios's management, are subject to risks and uncertainties, which
could cause actual results to differ from the forward looking
statements. The information set forth herein should be read in
light of such risks. Navios does not assume any obligation to
update the information contained in this press release. Public
& Investor Relations Contact: Navios Maritime Holdings Inc.
Investor Relations 212-279-8820 DATASOURCE: Navios Maritime
Holdings Inc. CONTACT: Navios Maritime Holdings Inc., Investor
Relations, +1-212-279-8820,
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