Quantum FinTech Acquisition Corporation Announces Transfer Of The Listing Of Its Common Stock To NYSE American Effective August 2, 2023
Portfolio Pulse from Happy Mohamed
Quantum FinTech Acquisition Corporation (QFTA) has announced that it will transfer the listing of its common stock from the New York Stock Exchange to NYSE American on August 2, 2023. The company's stock has been approved for listing on NYSE American and will continue to trade under the same ticker symbol, QFTA. Quantum is also involved in a business combination agreement that will result in Atlas FinTech Holdings Corp. transferring its trading technology assets to AtlasClear and the acquisition of Wilson Davis & Co., Inc. by AtlasClear.
July 31, 2023 | 9:21 pm
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Quantum FinTech Acquisition Corporation (QFTA) is transferring its stock listing to NYSE American, which could potentially increase its visibility and liquidity. The company is also involved in a business combination agreement with Atlas FinTech Holdings Corp.
The transfer of Quantum's stock listing to NYSE American could potentially increase its visibility and liquidity, which could have a positive impact on its stock price. However, the impact of this news is neutral in the short term as the transfer will take place in August 2023. The business combination agreement with Atlas FinTech Holdings Corp. could also have potential impacts on the company's stock price, but these impacts are uncertain at this time.
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IMPORTANCE 75
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