Material Sciences Corp., a global provider of material-based solutions for acoustical and coated applications, recently announced that the company has filed an application to list its common stock on the NASDAQ Capital Market. The NASDAQ listing application is subject to review and approval to ensure compliance with all NASDAQ Capital Market Standards.
Clifford D. Nastas, chief executive officer of Material Sciences Corporation, stated, “We believe that the NASDAQ listing should enable us to increase the trading liquidity of our stock, broaden our shareholder base, and raise our profile in the investment community.”
While the company intends to satisfy all of NASDAQ’s requirements for initial listing, no assurance can be given that its application will be approved. The company’s common stock will continue to trade on the OTC Bulletin Board under its current symbol, MASC.OB, during the NASDAQ review process.
With approximately 350 employees in the United States, Europe and Asia and a network of partners on four continents, Material Sciences Corporation offers customers unmatched technical leadership and a diversified portfolio of noise, vibration and harshness control and metal coating products. For additional information regarding Material Sciences, please visit www.matsci.com.