DALLAS, July 20, 2018 /PRNewswire-PRWeb/ -- Elah Holdings, Inc. (OTC:ELLH) ("Elah Holdings," the "Company," or "us"), a holding company seeking to make acquisitions of well performing businesses, today announced that a market maker has completed the process with the Financial Industry Regulatory Authority (FINRA) to resume publishing quotations for the Company's new common stock on the OTC Pink market. As previously announced, Elah Holding's new ticker is "ELLH" and our CUSIP is 28413L 105. The Company has also launched a new corporate website: http://www.elahholdings.com. Elah Holdings was formerly known as Real Industry, Inc.
"We are pleased to announce the completion of the application to permit quoting by FINRA, providing for trading of our new stock on the OTC Pink market," said Kyle Ross, Chief Executive Officer of Elah Holdings. "As we continue to execute on our plan to acquire profitable businesses and create shareholder value, resumption of trading in our stock is an important step forward."
Forward Looking Statements
Certain statements in this press release are forward-looking and are based upon the Company's current belief as to the outcome and timing of future events. All statements, other than statements of historical facts, that address activities that the Company plans, expects, believes, projects, estimates or anticipates will, should or may occur in the future are forward-looking statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements herein include, but are not limited to, the ability to implement the Company's business plan, known trends and uncertainties, and all factors described in the Company's Annual Report on Form 10-K for the year ended December 31, 2017, as filed with the Securities and Exchange Commission. Should one or more of these risks or uncertainties occur, or should underlying assumptions prove incorrect, the Company's actual results and plans could differ materially from those expressed in the forward-looking statements.
About Elah Holdings
Elah Holdings is a recently reorganized holding company led by experienced business leaders that is seeking to acquire profitable businesses in the commercial and industrial markets to generate sustainable profitability and cash flows, unlock the value of our considerable tax assets, and use creative deal structures that reduce risk and ultimately create long-term value for our shareholders. Elah Holdings was formerly known as Real Industry, Inc., which completed a Plan of Reorganization on May 9, 2018 (POR). Under the terms of the POR, the Company's name was changed, all existing common stock was cancelled and new stock was issued, a new investor group made a sizable equity infusion, and five new members were appointed to the Board of the Directors, each highly experienced in financings and mergers and acquisitions. For more information, visit http://www.elahholdings.com. Elah Holdings' stock trades on the OTC Pink Market, which is operated by OTC Markets Group, a centralized electronic quotation service for over-the-counter securities under the symbol "ELLH."
SOURCE Elah Holdings, Inc.
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