CompuCredit Holdings Corporation to Change Name to Atlanticus Holdings Corporation
November 28 2012 - 4:00PM
Marketwired
CompuCredit Holdings Corporation (NASDAQ: CCRT) (the "Company")
today announced that the Company will change its name to Atlanticus
Holdings Corporation. Atlanticus Holdings Corporation will continue
to invest in businesses primarily focused in the financial services
industry.
"Over the past three years, we exited certain business lines and
invested in new initiatives to reposition our enterprise for the
future," said David G. Hanna, the Company's Chairman and Chief
Executive Officer. "The name change of our parent company
underscores this evolution and we believe we are well positioned to
grow our operating companies' businesses, provide financial
products and services that are highly valued by our customers, and
increase shareholder value."
The Company also announced that its NASDAQ ticker symbol will
change from "CCRT" to "ATLC." The name change will become effective
on November 30, 2012 and the Company's common stock will begin
trading under the new ticker symbol on December 3, 2012.
About the Company
The Company invests in bussinesses primarily focused in the
financial services industry. Following the name change, additional
information about the Company will be available at
www.atlanticus.com.
Forward-Looking Statements
In addition to historical information, this press release
contains forward-looking statements, including statements regarding
the Company's name and ticker symbol changes, the expected
effective dates for these changes, our future investments and
products, and the future growth of our businesses and shareholder
value. These statements are based on current expectations,
estimates and projections about the industry and markets in which
the Company operates, management's beliefs, and assumptions made by
management. It is important to note that the Company's actual
results could differ materially from those projected in such
forward-looking statements. Forward-looking statements are not
guarantees of future performance and involve certain risks and
uncertainties that are difficult to predict. Reference is made to
the Company's regulatory filings with the Securities and Exchange
Commission for information or factors that may impact the Company's
performance.
CONTACT CompuCredit Holdings Corp 770-828-2000
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