Smart Balance (MM) (NASDAQ:SMBLU)
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Smart Balance, Inc. (NasdaqGM: SMBL) today announced that its
application for listing on the NASDAQ Global Market System has been
approved. Smart Balance, Inc.’s common stock,
warrants and units will commence trading on the NASDAQ Global Market on
August 1st under the symbols, “SMBL”,
“SMBLW” and “SMBLU”.
The company had been trading on the OTC Bulletin Board under the symbols
BSB.OB, BSBW.OB and BSBU.OB.
Stephen B. Hughes, Chairman and CEO of Smart Balance, Inc., said, “Our
successful transition to the NASDAQ Global Market is a significant step
in our overall strategy to create meaningful shareholder value by
improving the visibility of our company’s
shares among growth-oriented investors. We are well positioned to build
on the momentum of the Smart Balance and Earth Balance brands.”
About Smart Balance, Inc.
Smart Balance, Inc. is one of the five fastest growing food companies in
the United States, according to Nielsen sales figures. The company's
products include Smart Balance® branded
buttery spreads, peanut butter, popcorn, and bottled oils, cooking
sprays and cheese slices and shreds.
Smart Balance® and Earth Balance®
heart-healthy food products were acquired in May, 2007 by Boulder
Specialty Brands, Inc., which purchased GFA Holdings, Inc., the owner of
GFA Brands, Inc. Shareholders voted to rename the combined company Smart
Balance, Inc. with GFA Brands, Inc. continuing as the company's wholly
owned operating subsidiary. For additional information, please visit www.smartbalance.com.