COLORADO SPRINGS, Colo., Dec. 21, 2016 /PRNewswire/ — root9B Holdings, Inc. (NASDAQ: RTNB) (“Company”) today announced that its common stock has been approved for listing on the Nasdaq Capital Market, and will commence trading under the symbol “RTNB” at the opening of trading on December 21, 2016.
“Uplisting to NASDAQ is an important milestone in our history as a public company, and a reflection of our ongoing commitment to create long-term shareholder value,” said Joseph J. Grano, Jr. Chairman and CEO of root9B Holdings.
“We believe that trading on the Nasdaq Capital Market will help elevate our profile, improve liquidity, and attract a broader range of institutional investors,” said Dan Wachtler, President of root9 Holdings. “This is increasingly important as we continue to transition our business towards that of a pure-play cybersecurity firm, focused on the operations of our wholly-owned subsidiary root9B.”
“Many of the leading cybersecurity firms are listed on Nasdaq and we welcome being traded with our peers,” said Eric Hipkins, root9B’s Chief Executive Officer. “For the past 12 months, root9B has been the #1 ranked cybersecurity firm in the world according to Cybersecurity Ventures. We are excited to continue to bring our unique approach to Manned Information Security and remote HUNT operations to clients around the world.”