Apparel retailer Kuhlman to trade on ASE under KUL symbol
22 Mar '06
2 min read
Provider of European-inspired, tailored clothing for men and women, Kuhlman Company, Inc reported that its application for the listing of its common stock on the American Stock Exchange has been approved.
The Company expects that the ticker symbol for its common stock will change to "KUL" once trading on the AMEX begins.
The Company noted that its listing approval is contingent upon the Company being in compliance with all applicable listing standards on the date it begins trading on the AMEX, March 27, 2006, and may be rescinded if the Company is not in compliance with those standards.
Scott Kuhlman, Chairman and Chief Creative Officer, commented, "They are very pleased to have been accepted as a new listing by the American Stock Exchange.
In addition to the additional prestige that the American Stock Exchange provides to their company, they believe that their shareholders will benefit from increased liquidity.
They are excited to continue to execute on their growth plans to become one of the country's leading specialty retail chains."
Kuhlman is a specialty retailer and wholesale provider of both men's and women's apparel, offered under the Kuhlman brand through company-owned retail stores and under private labels through other large retailers.
Kuhlman opened its first retail store in July 2003 and now operates 48 retail stores in 19 states.