Global music brand LiveXlive Media earns it place on NASDAQ market
LiveXLive, the company behind Slacker Radio, are moving up in the world with a new place on the NASDAQ Capital Market.
After an immense year LiveXLive have earned themselves a listing on the NASDAQ stock market index. LiveXLive are a global media brand specialising in music, particularly through their popular Slacker Radio streaming service.
Using their existing trading symbol ‘LIVX’ they started trading on the NASDAQ Capital Market today – February 22nd, 2018.
LiveXLive chairman and CEO, Rob Ellin said: “2017 was a monumental year for LiveXLive and listing on NASDAQ is an exciting and major milestone in our evolution that we believe will expose the company to a wider audience of potential institutional investors and increase liquidity, ultimately contributing to our ability to increase shareholder value.
“Consumers demand accessible, world-class experiences and LiveXLive has built a platform for just that – a social ecosystem for music lovers around the world. Backed by an impressive management team and propelled by the incredible market opportunity, we have built a company that uniquely addresses a previously untapped market. We look forward to continuing to share our developing story with the investment community.”