CCUR Holdings Common Stock Commences Trading on the OTCQB Market
27 Marzo 2018 - 5:30AM
CCUR Holdings, Inc. (OTCQB:CCUR) (the “Company”) common stock
will commence trading on the OTCQB Venture Market at market open
today, March 27, 2018. Investors can find Real-Time quotes
and market information for the Company on www.otcmarkets.com.
The Company’s Board of Directors is continuing
its strategy to evaluate opportunities to maximize stockholder
value, including through the acquisition of one or more operating
businesses.
About CCUR Holdings, Inc.
CCUR Holdings, Inc. (OTCQB:CCUR) recently
divested its linux and real-time business and its content delivery
and storage business. The Company trades on the OTCQB Venture
Market for early stage and developing U.S. and international
companies. The Company’s Board of Directors is in the process of
evaluating opportunities intended to maximize the value of its
remaining assets, which consists primarily of cash and cash
equivalents, short-term investments, sale escrow receivables and
net operating loss carryforwards (“NOLs”). This will include
the evaluation of opportunities to invest in or acquire one or more
operating businesses intended to provide appreciation in value,
thereby enhancing the Company’s liquidity, and potentially allowing
the Company greater ability to utilize existing NOLs.
Forward Looking Statements
Certain statements in this communication and the
documents referenced herein constitute forward-looking statements
within the meaning of the U.S. Private Securities Litigation Reform
Act of 1995. These forward-looking statements are often identified
by words such as “anticipate,” “believe,” “intend,” “estimate,”
“expect,” “see,” “continue,” “could,” “can,” “may,” “will,”
“likely,” “depend,” “should,” “would,” “plan,” “predict,” “target,”
and similar expressions, and may include references to assumptions
and relate to the Company’s future prospects, developments and
business strategies. Except for the historical information
contained herein, the matters discussed in this communication may
contain forward-looking statements that involve risks and
uncertainties that may cause the Company’s actual results to be
materially different from such forward-looking statements and could
materially adversely affect its business, financial condition,
operating results and cash flows. These risks and uncertainties
include the successfulness and timing of any appeal or review of
the Nasdaq’s decision to delist and suspend trading in the
Company’s stock; any uncertainties created by the transition to
trading in the Company’s stock on the OTCQB Market; the occurrence
of any event, change or other circumstances that could affect the
ability of the Company to invest or acquire an operating business
or otherwise maximize the Company’s assets; the Company’s ability
to compete with experienced investors in the acquisition of one or
more businesses; general business conditions; changes in overall
economic conditions; the Company’s ability to utilize net operating
losses to offset cash taxes in the event of an ownership change as
defined by the Internal Revenue Service; changes in and related
uncertainties caused by changes in applicable tax laws, the
Company’s use of cash or cash equivalents to fund repurchase of its
common shares, the current challenging macroeconomic environment;
continuing unevenness of the global economic recovery; and the
availability of debt or equity financing to support our liquidity
needs, as well other risks listed in the Quarterly Report on Form
10-Q filed on February 14, 2018, definitive proxy statement filed
on November 6, 2017 or the Company’s Form 10-K filed September 20,
2017 with the Securities and Exchange Commission and risks and
uncertainties not presently known to the Company or that the
Company currently deems immaterial. The Company wishes to caution
you that you should not place undue reliance on such
forward-looking statements, which speak only as of the date on
which they were made. The Company does not undertake any obligation
to update forward-looking statements, except as required by
law.
Investor Relations: Doug Sherk (415)
652-9100dsherk@evcgroup.com
CCUR (CE) (USOTC:CCUR)
Gráfica de Acción Histórica
De Nov 2024 a Dic 2024
CCUR (CE) (USOTC:CCUR)
Gráfica de Acción Histórica
De Dic 2023 a Dic 2024