Harte Hanks announces uplisting on Nasdaq Global Market Trading under ticker “HHS” scheduled to start December 1, 2021 – Form 8-K
Harte Hanks announces its entry into the global Nasdaq market
Trading under the symbol “HHS” is expected to begin December 1, 2021
AUSTIN, Texas – November 30, 2021 – Harte Hanks, Inc. (OTCQX: HRTH) (the âCompanyâ), one of the world’s leading customer experience companies, today announced that the Company has met strict funding, liquidity and corporate governance requirements of the Nasdaq Global MarketÂ® (âNasdaqâ), and the Company has been approved for listing on the Nasdaq.
Trading on the Nasdaq is expected to begin when the market opens on December 1, 2021 and the shares will trade under the ticker symbol “HHS”. The Company’s shares will continue to trade on the OTCQX under the symbol âHRTHâ until the start of trading on the Nasdaq. Shareholders are under no obligation to take any action following the increase in listing and the change of symbol.
âListing on Nasdaq marks another important milestone for Harte Hanks,â said Harte Hanks Chairman of the Board, Jack Griffin. âWith the expansion of the investor audience, increased access to liquidity and the significant improvement in our financial performance, we are well positioned for future profitable growth. Harte Hanks has traded under the symbol “HHS” for almost 50 years, from its IPO in 1972 until 2020, and the return to a national exchange and this long-standing ticker symbol is an important indication of the progress we are making. have accomplished. ”
President and CEO Brian Linscott added, âListing on Nasdaq reflects the tremendous progress Harte Hanks has made and will provide an excellent opportunity to expand the company’s institutional shareholder base and strengthen the company’s efforts to create long-term value for shareholders. ”
About Harte Hanks
Harte Hanks (OTCMKTS: HRTH) is a leading global customer experience company whose mission is to partner with customers to provide them with CX strategy, data-driven analytics and actionable insights combined with a transparent program execution to better understand, attract and engage their customers.
Using its unmatched resources and award-winning talents in customer service, fulfillment and logistics, and marketing services, Harte Hanks has a proven track record of delivering results for some of the world’s largest brands, including Bank of America, GlaxoSmithKline, Unilever, Pfizer, HBOMax, Volvo, Ford, FedEx, Midea, Sony and IBM among others. Based in Austin, Texas, Harte Hanks has more than 2,500 employees in offices across the Americas, Europe and Asia-Pacific.
For more information, visit hartehanks.com.
As used herein, “Harte Hanks” or “the Company” refers to Harte Hanks, Inc. and / or its applicable operating subsidiaries, as the context requires. The Harte Hanks logo and name are trademarks of Harte Hanks.
Caution Regarding Forward-Looking Statements
Our press release contains “forward-looking statements” within the meaning of US federal securities laws. All such statements are qualified by this cautionary note, provided in accordance with the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements other than fact historical data are forward-looking and can be identified by words such as “may”, “will”, “hope”, “believe”, “anticipate”, “plan”, “estimate”, “research”, “could”, “a intention âor words with similar meanings. These forward-looking statements are based on current information, expectations and estimates and involve risks, uncertainties, assumptions and other factors which are difficult to predict and which could cause actual results to vary materially from what is expressed or indicated by forward-looking statements. statements. In this event, our business, financial condition, results of operations or liquidity could be seriously affected and investors in our securities could lose some or all of their investments. These risks, uncertainties, assumptions and other factors include: (a) local, national and international economic and business conditions, including (i) the epidemic of diseases, such as the coronavirus COVID-19 and its new variants, which has reduced travel to and from certain countries and geographies, created supply chain disruptions and shortages, disrupted business operations and reduced consumer spending, (ii) potentially impacting market conditions negative on marketing expenses and (iii) the impact of economic environments and competitive pressures on the financial position, expenses and marketing activities of our customers and prospects; (b) demand for our products and services by customers and potential customers, including (i) the willingness of existing customers to maintain or increase their spending on products and services that are or remain profitable to us, and (ii) our ability to anticipate changes in customer needs and preferences; (c) economic and other business factors that impact the industry verticals we serve, including competition and consolidation of current and potential customers, suppliers and partners in those verticals; (d) our ability to manage and timely adjust our facilities, capacity, workforce and cost structure to effectively serve our customers; (e) our ability to improve our processes and deliver new products and services in a timely and cost effective manner through development, licensing, partnership or acquisition; (f) our ability to protect our facilities from security breaches and other disruption and to protect sensitive personal information of our customers and their customers; (g) our ability to respond to growing concerns, regulation and legal action regarding consumer privacy issues, including evolving requirements for the collection, processing and use of information; (h) the impact of privacy and other regulations, including restrictions on unsolicited marketing communications and other consumer protection laws; (i) fluctuations in fuel prices, paper prices, postal rates and postal delivery schedules; (j) the number of shares, if any, that we can repurchase under our repurchase program; (k) unforeseen developments relating to litigation or other contingent liabilities; (l) our ability to complete planned divestitures and reorganizations, including cost reduction initiatives; (m) our ability to achieve expected tax refunds; (n) the realization of all benefits that may arise from listing the common shares of the Company on the Nasdaq and (o) other factors discussed from time to time in our filings with the Securities and Exchange Commission, including under âArticle 1A. Risk Factors âin our Annual Report on Form 10-K for the fiscal year ended December 31, 2020 which was filed on March 24, 2021. The forward-looking statements contained in this press release are made only as of the date hereof , and we assume no obligation to publicly update any forward-looking statement, even if new information becomes available or other events occur in the future.
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