New York, NY – January 31, 2011 – IMAX Corporation (NASDAQ:IMAX; TSX:IMX) today announced the pending transfer of the listing of its common stock from the NASDAQ Global Select Market (“NASDAQ”) to the New York Stock Exchange (“NYSE”). The Company expects to begin trading on the NYSE on February 11, 2011, under its current ticker symbol “IMAX” and will ring the opening bell that morning. The Company will continue to trade under the ticker symbol “IMAX” on the NASDAQ until the transfer is completed. The Company’s trading on the Toronto Stock Exchange, under the ticker symbol “IMX,” will remain unchanged.
“Given the global nature and expansion of our brand, the New York Stock Exchange offers an ideal platform for the continued growth of our Company,” said IMAX CEO, Richard L. Gelfond. “Our affiliation with the NYSE will provide us access to the markets we intend to reach and puts us in good company with other members of our industry.”
“We are delighted that IMAX has chosen to list on the New York Stock Exchange,” said Duncan L. Niederauer, CEO, NYSE Euronext. “IMAX is one of the world’s leading entertainment technology companies. Its global network is among the most innovative, highly visible platforms in the world. Our strategies are aligned, and we look forward to a successful global partnership with IMAX and its shareholders.”
For all of Deadline's headlines, follow us @Deadline on Twitter.