ShiftPixy, Inc. (NASDAQ:PIXY), a developing, proprietary next-gen
technology platform for workforce engagement and management, today
announced that the Company has hired ICR, Inc., a leading investor
relations and financial communications consultancy, to assist with
its investor outreach and corporate communications programs.
The Company noted that ICR, established in 1998,
partners with companies to execute strategic communications
programs that achieve business goals and enhance long-term
enterprise value. The firm’s highly differentiated service model,
which pairs former analysts, portfolio managers and other capital
markets veterans with senior communications professionals, brings
deep sector knowledge and relationships to more than 550 clients
across 20 industries. Today, ICR is one of the largest and most
experienced independent communications and advisory firms in North
America with offices in New York, Norwalk, Los Angeles, Boston, San
Francisco, Hong Kong and Beijing.
Scott W. Absher, Chief Executive Officer of
ShiftPixy stated, “We believe that ICR’s relationships with and
insight into the capital markets will be a significant benefit to
us as we look to broadly and effectively communicate our investment
message and illustrate our growth plan. We look forward to
working closely with them to deepen our reach into the investment
community and to ensure that investors are well advised of our
progress and capability to deliver value to our shareholders.”
About ShiftPixyShiftPixy is a
disruptive human capital management (HCM) services provider,
revolutionizing employment in the Gig Economy by delivering a
next-gen platform for workforce management that helps businesses
with shift-based employees navigate regulatory mandates, minimize
administrative burdens and better connect with a ready-for-hire
workforce. With expertise rooted in management’s nearly 25 years of
workers’ compensation and compliance programs experience, ShiftPixy
adds a needed layer for addressing compliance and continued demands
for equitable employment practices in the growing Gig Economy.
ShiftPixy’s complete HCM ecosystem is designed to manage regulatory
requirements and compliance in such required areas as paid time off
(PTO) laws, insurance and workers’ compensation, minimum wage
increases, and the Affordable Care Act (ACA) compliance.
ShiftPixy Cautionary
StatementThe information provided in this release includes
forward-looking statements, the achievement or success of which
involves risks, uncertainties, and assumptions. Although such
forward-looking statements are based upon what management of the
Company believes are reasonable assumptions, there can be no
assurance that forward-looking statements will prove to be
accurate. If any of the risks or uncertainties, including those set
forth below, materialize or if any of the assumptions proves
incorrect, the results of ShiftPixy, Inc., could differ materially
from the results expressed or implied by the forward-looking
statements we make. The risks and uncertainties include, but
are not limited to, risks associated with the nature of our
business model; our ability to execute the Company's vision and
growth strategy; our ability to attract and retain clients; our
ability to assess and manage risks; changes in the law that affect
our business and our ability to respond to such changes and
incorporate them into our business model, as necessary; our ability
to insure against and otherwise effectively manage risks that
affect our business; competition; reliance on third-party systems
and software; our ability to protect and maintain our intellectual
property; and general developments in the economy and financial
markets. The Company undertakes no obligation to update
forward-looking statements if circumstances or management's
estimates or opinions should change, except as required by
applicable securities laws. The information in this press
release shall not be deemed to be "filed" for the purpose of
Section 18 of the Securities Exchange Act of 1934, as amended, or
otherwise subject to the liabilities of that section, and will not
be deemed an admission as to the materiality of any information
that is required to be disclosed solely by Regulation FD.
Further information on these and other factors that could affect
the financial results of ShiftPixy, Inc., is included in the
filings on Forms 1-A and 10-Q and in other filings we make with the
Securities and Exchange Commission from time to time. These
documents are available on the "SEC Filings" subsection of the
"Investor Information" section of our website at
https://ir.shiftpixy.com/financial-information/sec-filings.
Consistent with the SEC’s April 2013 guidance on
using social media outlets like Facebook and Twitter to make
corporate disclosures and announce key information in compliance
with Regulation FD, ShiftPixy is alerting investors and other
members of the general public that ShiftPixy will provide updates
on operations and progress required to be disclosed under
Regulation FD through its social media on Facebook, Twitter,
LinkedIn and YouTube. Investors, potential investors, shareholders
and individuals interested in our Company are encouraged to keep
informed by following us on Facebook, Twitter, LinkedIn and
YouTube.
CONTACT: Media:Clark
WilsonClark.Wilson@shiftpixy.com(888) 798-9100
Investors:InvestorRelations@shiftpixy.com(800)
475-3655
ShiftPixy (NASDAQ:PIXY)
Historical Stock Chart
From Mar 2024 to Apr 2024
ShiftPixy (NASDAQ:PIXY)
Historical Stock Chart
From Apr 2023 to Apr 2024