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CPI Card Group Voluntarily De-Listing from Toronto Stock Exchange | Business

Mount Equity Group Tokyo, Japan > News > Business > CPI Card Group Voluntarily De-Listing from Toronto Stock Exchange | Business

LITTLETON, Colo.–(BUSINESS WIRE)–Aug 13, 2021–

CPI Card Group Inc. (Nasdaq: PMTS; TSX: PMTS) (“CPI” or the “Company”), a payment technology company and leading provider of credit, debit and prepaid solutions, today announced that it has provided written notice to the Toronto Stock Exchange (the “TSX”) regarding the voluntary delisting of its common stock from the TSX.

The Company believes that the trading volume of its stock on the TSX no longer justifies the expense and administrative efforts associated with maintaining this listing, especially given CPI’s recent listing on The Nasdaq Global Market (“Nasdaq”). CPI’s listing on Nasdaq provides its stockholders with good liquidity, and the savings in exchange fees, legal fees and managerial time and effort to maintain a dual listing…

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