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Stock impact report

Oramed Announces Dual-Listing on Tel Aviv Stock Exchange

Oramed Pharmaceuticals Inc. (ORMP) 
Last oramed pharmaceuticals inc. earnings: 4/6 04:46 pm Check Earnings Report
US:NASDAQ Investor Relations: oramed.com/investors
Company Research Source: PR Newswire
JERUSALEM, July 5, 2017 /PRNewswire/ -- Oramed Pharmaceuticals Inc. (NASDAQ: ORMP) (www.oramed.com), a clinical-stage pharmaceutical company focused on the development of oral drug delivery systems, announced today that it has received approval from the Israel Securities Authority to dual-list its common stock on the Tel Aviv Stock Exchange (TASE). Oramed common stock will commence trading on the TASE on July 12, 2017 under the ticker ORMP.  Based on the current market capitalization of the Company, it is expected that Oramed will be included in the TA SME-60 index.Oramed common stock will continue to be listed and traded on the NASDAQ Capital Markets and the Company will continue to comply with the regulations of the U.S. Securities and Exchange Commission. Per the TASE's listing requirements and Israel's Dual Listing Law, U.S. listed companies may dual-list on the TASE without any additional regulatory reporting or requirements. "We believe dual-listing on the TASE will provide many Show less Read more
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