Nvidia among investors in xAI’s $20 bln capital raise- Bloomberg
NEW YORK - Resolute Holdings Management, Inc. (Nasdaq:RHLD), currently trading at $68.66 and showing impressive YTD returns of 124%, announced Monday it will transfer its common stock listing from the Nasdaq Stock Market to the New York Stock Exchange (NYSE), while maintaining its current ticker symbol "RHLD." According to InvestingPro analysis, the company is currently undervalued.
The asset management platform expects to begin trading on the NYSE on September 23, 2025, when the company is scheduled to ring the Closing Bell. Trading will continue on Nasdaq until the transfer is complete.
In its press release statement, the company indicated it believes the move to NYSE will provide increased visibility to investors.
Resolute Holdings, led by David Cote and Tom Knott, describes itself as an alternative asset management platform that provides operating management services including oversight of capital allocation strategy, operational practices, and M&A activities at CompoSecure Holdings and other managed businesses.
The company implements what it calls the "Resolute Operating System" as part of its approach to creating long-term value at both its underlying managed businesses and at Resolute Holdings itself.
The stock will continue trading under the ticker symbol RHLD following the transfer to the NYSE.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.