AutoChina International Commences Trading on NASDAQ under Symbol AUTC; Company to Present at the Roth China Conference on Oct...
October 05 2009 - 10:30AM
Business Wire
AutoChina International Limited (“AutoChina” or the “Company”)
(NASDAQ: AUTC, AUTCW, AUTCU), a leading one-stop commercial vehicle
sales and leasing company in China offering its customers
affordable lease-to-own options, today announced that the Company’s
securities commenced trading this morning on the NASDAQ Capital
Market under the symbols “AUTC” (common stock), “AUTCW” (warrants),
and “AUTCU” (units). Prior to its move to the NASDAQ, the Company
was traded on the OTC Bulletin Board under the symbols AUCLF,
AUCWF, and AUCUF.
AutoChina to Present at Roth China Conference
AutoChina also announced that the Company’s CFO, Jason Wang, is
scheduled to present at the Roth China Conference on Wednesday,
October 14, 2009 in Miami Beach, FL. Mr. Wang will be presenting at
1:00 PM Eastern Time. The presentation will also be broadcast live
over the Internet via http://www.wsw.com/webcast/roth22/auclf.ob/.
To listen to the live presentation, go click the link at least 15
minutes early to register, download and install any necessary audio
software.
About AutoChina International Limited:
AutoChina International Limited is a leading one-stop commercial
auto financing and sales company in China. AutoChina’s operating
subsidiary was founded in 2005 by nationally recognized Chairman
and CEO, Yong Hui Li.
Safe Harbor Statement:
This press release may contain forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of 1995
about the Company. Forward-looking statements are statements that
are not historical facts. Such forward-looking statements, based
upon the current beliefs and expectations of the Company's
management, are subject to risks and uncertainties, which could
cause actual results to differ from the forward-looking statements.
The following factors, among others, could cause actual results to
meaningfully differ from those set forth in the forward-looking
statements:
- Continued compliance with
government regulations;
- Changing legislation or
regulatory environments;
- Requirements or changes
affecting the businesses in which the Company is engaged;
- Industry trends, including
factors affecting supply and demand;
- Labor and personnel
relations;
- Credit risks affecting the
Company's revenue and profitability;
- Changes in the automobile
industry;
- The Company’s ability to
effectively manage its growth, including implementing effective
controls and procedures and attracting and retaining key management
and personnel;
- Changing interpretations of
generally accepted accounting principles;
- Whether the transaction to sell
the automobile dealership business is consummated;
- General economic conditions;
and
- Other relevant risks detailed in
the Company’s filings with the Securities and Exchange
Commission.
The information set forth herein should be read in light of such
risks. The Company does not assume any obligation to update the
information contained in this press release.
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