House of Taylor Jewelry to list common stock on NASDAQ
07 Oct '05
2 min read
Leading international multi-brand jewelry manufacturing and marketing company House of Taylor whose principal shareholders include Elizabeth Taylor and Kathy Ireland, has filed an application with the NASDAQ Stock Market Inc to have its common stock listed on the NASDAQ Capital Market.
'A NASDAQ listing of their common stock would represent an important milestone for their company,' said Jack Abramov, CEO of House of Taylor Jewelry. 'By moving to the NASDAQ Capital Market they hope to provide greater transparency and liquidity for their shareholders and to elevate their company's visibility and standing in the financial community.'
A NASDAQ Capital Market security satisfies all applicable qualification requirements for NASDAQ securities in Rule 4300 other than those applicable to NASDAQ National Market securities. All companies listed on The NASDAQ Capital Market must meet certain financial requirements and adhere to NASDAQ's corporate governance standards.
House of Taylor Jewelry Inc is a Los Angeles-based international jewelry company whose principal shareholders include Dame Elizabeth Taylor, Kathy Ireland and members of the Abramov family. House of Taylor Jewelry serves fine jewelry retailers worldwide with diverse jewelry creations marketed under the prestigious House of Taylor Jewelry brand.
The company is implementing a business model that involves manufacturing and marketing its own fine jewelry products under its Elizabeth, House of Taylor, Kathy Ireland and Mirabelle brands, while leveraging the scale, manufacturing resources, distribution and marketing infrastructures of some of the leading fine jewelry manufacturers in the world.