Ellie Mae to Transfer Listing of Common Stock to the New York Stock Exchange
May 31 2012 - 8:00AM
Business Wire
Ellie Mae, Inc. (NYSE MKT:ELLI), a leading provider of
on-demand, enterprise level automated solutions for the residential
mortgage industry, announced today that it has received
authorization from NYSE Regulation, Inc. to transfer the listing of
its common stock to the New York Stock Exchange (NYSE) from the
NYSE MKT (formerly, NYSE Amex), where it has traded since Ellie
Mae’s initial public offering in April 2011. Ellie Mae anticipates
that trading in its common stock on the NYSE will begin on or about
June 5, 2012 under its current symbol, “ELLI.”
“Trading on the New York Stock Exchange is an important
milestone in our progress as a public company,” said Sig Anderman,
CEO of Ellie Mae.
The last day of trading of Ellie Mae’s common stock on the NYSE
MKT is expected to be on or about June 4, 2012. Until the common
stock begins trading on the NYSE, the common stock will remain
trading on the NYSE MKT under the existing symbol “ELLI.”
About Ellie Mae
Ellie Mae, Inc. is a leading provider of on-demand automation
solutions for the mortgage industry. The Company offers an
end-to-end solution, delivered using a Software-as-a Service model
that serves as the core operating system for mortgage originators
and spans customer relationship management, loan origination and
business management. The Company also hosts the Ellie Mae Network™
that allows mortgage professionals to conduct electronic business
transactions with the lenders and settlement service providers they
work with to process and fund loans. The Company’s offerings
include the Encompass®, Encompass360® and DataTrac® mortgage
management software systems.
Ellie Mae was founded in 1997 and is based in Pleasanton,
California. To learn more about Ellie Mae, visit www.EllieMae.com
or call 877.355.4362.
© 2012 Ellie Mae, Inc. Ellie Mae®, Encompass®, Encompass360®,
DataTrac®, Ellie Mae Network™ and the Ellie Mae
logo are registered trademarks or trademarks of Ellie Mae,
Inc. or its subsidiaries. All rights reserved. Other company and
product names may be trademarks or copyrights of
their respective owners.
Forward-Looking Statements
This press release contains forward-looking statements under the
safe harbor provisions under The Private Securities Litigation
Reform Act of 1995. These forward-looking statements include
statements regarding Ellie Mae’s future plans and expectations.
These statements involve known and unknown risks, uncertainties and
other factors, which may cause Ellie Mae’s results to be materially
different than those expressed or implied in such statements. Such
differences may be based on factors described in documents that
Ellie Mae has filed with the Securities and Exchange Commission,
including but not limited to its Quarterly Report on Form 10-Q for
the three months ended March 31, 2012. Other unknown or
unpredictable factors also could have material adverse effects on
Ellie Mae and its future results. The forward-looking statements
included in this press release are made only as of the date hereof.
Ellie Mae cannot guarantee future results, levels of activity,
performance or achievements. Accordingly, you should not place
undue reliance on these forward-looking statements. Finally, Ellie
Mae expressly disclaims any intent or obligation to update any
forward-looking statements to reflect subsequent events or
circumstances.
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