Primoris Services Corporation (NYSE: PRIM) (Primoris) announced today that it will transfer the listing of its common stock from The Nasdaq Stock Market LLC (“Nasdaq”) to the New York Stock Exchange (“NYSE”).
Primoris expects that its common stock will commence trading on the NYSE at market open on April 4, 2023, under its current ticker symbol “PRIM”. The Company’s common stock will continue to trade on Nasdaq until market close on April 3, 2023. The transfer is expected to be seamless and no action is required by investors and shareholders in Primoris.
“We are excited to take this next step in our journey as a company. Since our founding in 1960, we have grown from our roots as a pipeline construction company to one of the top specialty contractors in North America serving utilities and energy infrastructure markets,” said Tom McCormick, President and Chief Executive Officer of Primoris. “We look forward to joining many of the world’s leading and most prestigious companies that trade on the NYSE and we are excited about leveraging all the advantages and benefits the NYSE platform has to offer. We are grateful for the partnership and support that the Nasdaq has provided to us since going public 15 years ago and we look forward to growing our relationship with the NYSE in the years to come.”
“We are pleased to welcome Primoris Services Corporation to the New York Stock Exchange. Primoris, which provides critical infrastructure services to utility, energy and renewables markets throughout the U.S. and Canada, further strengthens our community of listed companies based in Texas,” said John Tuttle, Vice Chair, NYSE Group.
About Primoris
Primoris Services Corporation is a premier specialty contractor providing critical infrastructure services to the utility, energy, and renewables markets throughout the United States and Canada. Built on a foundation of trust, we deliver a range of engineering, construction, and maintenance services that power, connect, and enhance society. On projects spanning utility-scale solar, renewables, power delivery, communications, and transportation infrastructure, we offer unmatched value to our clients, a safe and entrepreneurial culture to our employees, and innovation and excellence to our communities. To learn more, visit www.prim.com and follow us on social media at @PrimorisServicesCorporation.
FORWARD LOOKING STATEMENTS
This press release contains certain forward-looking statements that reflect, when made, the Company’s expectations or beliefs concerning future events that involve risks and uncertainties, including the Company’s future performance. Forward-looking statements include all statements that are not historical facts and can be identified by terms such as “anticipates”, “believes”, “could”, “estimates”, “expects”, “intends”, “may”, “plans”, “potential”, “predicts”, “projects”, “should”, “will”, “would” or similar expressions. Forward-looking statements include information concerning our possible or assumed future results of operations, business strategies, financing plans, competitive position, industry environment, potential growth opportunities, the effects of regulation and the economy, generally. Forward-looking statements inherently involve known and unknown risks, uncertainties, and other factors, which may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Actual results may differ materially as a result of a number of factors, including, among other things, the risks described in Part I, Item 1A “Risk Factors” of our Annual Report on Form 10-K for the year ended December 31, 2022, and our other filings with the U.S. Securities and Exchange Commission (“SEC”). Such filings are available on the SEC’s website at www.sec.gov. Given these risks and uncertainties, you should not place undue reliance on forward-looking statements. Primoris does not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.
Investor Contact:
Blake Holcomb
Vice President, Investor Relations
[email protected]
Media Contact:
Rachel Weiss
External Communications Manager
[email protected]