IDI, Inc. Announces Corporate Name Change to Cogint, Inc. and Move to NASDAQ Stock Market
14 9월 2016 - 7:55PM
Business Wire
Name and Corporate Identity Reflect Innovation
and Comprehensive Analytical Capabilities
IDI, Inc. (NYSE MKT:IDI) (“IDI” or the “Company”), a data and
analytics company, today announced that it will adopt Cogint, Inc.
as its new name and that it will move its stock exchange listing to
The NASDAQ Stock Market from the NYSE MKT (the “NYSE MKT”). The
Company expects its common stock will begin trading on The NASDAQ
Global Market (the “NASDAQ”) on September 26, 2016 under a new
symbol – “COGT” – after ringing the NASDAQ Opening Bell on
September 26, 2016.
This Smart News Release features multimedia.
View the full release here:
http://www.businesswire.com/news/home/20160914005290/en/
“We are announcing two very significant milestones in our
evolution today,” said Derek Dubner, CEO of the Company. "We have
chosen a name that encompasses our diverse offerings to various
markets and embodies our passion and unique ability to create
innovative technologies that transform data into intelligence,
enabling our clients to better execute all aspects of their
business. By moving to the NASDAQ, we are proud to join the ranks
of the world’s best technology companies, where we will continue to
execute our vision with greater public awareness.”
Mr. Dubner further commented, “Our new logo signifies the
complex data problems organizations face today and how powerful
analytics that deliver insight provide clear, convincing and
actionable solutions.” The gradient bar above the mark represents
the transition from complexity to clarity, leading to the arrow
which signifies actionable insights. As part of the name change,
the Company will launch a new website at www.cogint.com on
September 26, 2016.
IDI-related product names will continue to be utilized to serve
the risk management industry. Fluent and Q Interactive brands will
continue to serve the consumer marketing industry.
The Company has notified the NYSE MKT that it will voluntarily
delist its common stock from the NYSE MKT. The last day of trading
of the common stock on the NYSE MKT is expected to be on or about
September 23, 2016. Trading on NASDAQ under the cogint name, ticker
symbol COGT, and new CUSIP number 19241Q 101 is expected to begin
at market open on September 26, 2016. The Company expects its new
name will be effective September 26, 2016.
About IDI, Inc. (Soon to be Cogint, Inc. effective September
26, 2016)
At IDI, we believe that time is your most valuable asset.
Through powerful analytics, we transform data into intelligence, in
a fast and efficient manner, so that our clients can spend their
time on what matters most – running their organizations with
confidence. Through leading-edge, proprietary technology and a
massive data repository, our data and analytical solutions harness
the power of data fusion, uncovering the relevance of disparate
data points and converting them into comprehensive and insightful
views of people, businesses, assets and their interrelationships.
We empower clients across markets and industries to better execute
all aspects of their business, from managing risk, conducting
investigations, identifying fraud and abuse, and collecting debts,
to identifying and acquiring new customers. At IDI, we are
dedicated to making the world a safer place, to reducing the cost
of doing business, and to enhancing the consumer experience.
RELATED LINKS: www.ididata.com and www.cogint.com
FORWARD-LOOKING STATEMENTS
This press release contains "forward-looking statements," as
that term is defined under the Private Securities Litigation Reform
Act of 1995 (PSLRA), which statements may be identified by words
such as "expects," "plans," "projects," "will," "may,"
"anticipate," "believes," "should," "intends," "estimates," and
other words of similar meaning. Such forward looking statements
include statements about whether being listed on the NASDAQ and
establishing a new name and logo is a significant milestone in the
Company’s evolution and whether we will continue to be able to
execute our vision as a NASDAQ-listed company. Readers are
cautioned not to place undue reliance on these forward-looking
statements, which are based on our expectations as of the date of
this press release and speak only as of the date of this press
release and are advised to consider the factors listed above
together with the additional factors under the heading
"Forward-Looking Statements" and "Risk Factors" in the Company's
Annual Report on Form 10-K filed on March 18, 2016, as may be
supplemented or amended by the Company's Quarterly Reports on Form
10-Q and other SEC filings. We undertake no obligation to publicly
update or revise any forward-looking statement, whether as a result
of new information, future events or otherwise, except as required
by law.
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version on businesswire.com: http://www.businesswire.com/news/home/20160914005290/en/
IDI, Inc.Media and Investor Relations Contact:Jordyn Kopin,
646-356-8469Director, Investor RelationsJKopin@ididata.com
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