|By Business Wire||
|March 7, 2014 08:10 AM EST||
mobli Media, Inc. (“mobli”), a leading social-mobile photo and video-sharing multi-platform, announced today that it has signed an agreement with The NASDAQ Private Market, LLC that is expected to allow qualified investors to purchase its shares on the newly unveiled NASDAQ Private Market. This new market fills a critical gap and is designed to permit qualified investors to participate in some of the most innovative startups, such as mobli.
Moshe Hogeg, founder and CEO of mobli: “NASDAQ Private Market enables mobli to provide further benefits to its stockholders through this innovative platform and is intended to increase their liquidation alternatives.”
About mobli Media, Inc.
mobli provides a richer and smarter way to capture and share photos and videos with friends and the world, while featuring unparalleled visual effects. On mobli, users can follow and engage with individuals as well as communities based on interests and locations. mobli’s vision is to connect people across the globe so users can experience the world through other people’s eyes.
About NASDAQ Private Market
The NASDAQ Private Market, LLC is the new capital market for leading private companies. Through its broker-dealer network and partners, NASDAQ Private Market connects companies with a global community of investors and provides an integrated equity solution for managing everything from cap table management to stock plan administration. Whether a company seeks to optimize an eventual IPO or remain private permanently, NASDAQ Private Market provides complete capital market support to meet its needs. For certain eligible investors and shareholders, NASDAQ Private Market is a place to discover and engage with some of the most exciting private companies.
Securities-related services will be offered through NPM Securities, LLC, a registered broker-dealer and alternative trading system, which is a member FINRA/SIPC and a wholly-owned subsidiary of The NASDAQ Private Market, LLC. Securities offered through NPM Securities, LLC are not listed or traded on The NASDAQ Stock Market LLC, nor are the securities subject to the same listing or qualification standards applicable to securities listed or traded on The NASDAQ Stock Market, LLC. To learn more about NASDAQ Private Market, visit www.npm.com.
Forward Looking Statements
This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: "anticipate," "intend," "plan," "is designed to," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "will" and similar references to future periods. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on mobli’s current beliefs, expectations and assumptions regarding the future of mobli’s business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of mobli’s control. These statements relate to the ability of investors to trade on the NASDAQ Private Market™ in mobli stock. Whether this market will increase liquidation alternatives for mobli’s stockholders is unknown, and the events and circumstances reflected in the forward-looking statements may not be achieved or occur. Therefore, you should not rely on any of these forward-looking statements. Any forward-looking statement made by mobli in this press release is based only on information currently available to mobli and speaks only as of the date on which it is made. Mobli undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.