{"id":473007,"date":"2021-04-07T11:26:19","date_gmt":"2021-04-07T15:26:19","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=473007"},"modified":"2021-04-07T11:26:19","modified_gmt":"2021-04-07T15:26:19","slug":"aerkomm-announces-intention-to-upgrade-listing-status-on-euronext","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/aerkomm-announces-intention-to-upgrade-listing-status-on-euronext\/","title":{"rendered":"Aerkomm Announces Intention to Upgrade Listing Status on Euronext"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">FREMONT, Calif.<\/span>, <span class=\"xn-chron\">April 7, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0Aerkomm Inc. (&#8220;Aerkomm&#8221; or &#8220;the Company&#8221;) (Euronext Paris: AKOM; OTCQX: AKOM), a development stage service provider of In-Flight Entertainment and Connectivity solutions for the airline industry using Ka-band technology, today announced that on <span class=\"xn-chron\">April 1, 2021<\/span>, the Company filed a preliminary draft prospectus (the &#8220;Prospectus&#8221;) with Euronext in <span class=\"xn-location\">Paris<\/span>, a regulated market of Euronext Paris S.A. (&#8220;Euronext Paris&#8221;), in connection with the Company&#8217;s application for the listing\u00a0and the admission to trading of\u00a0the Company&#8217;s common stock, <span class=\"xn-money\">$0.001<\/span> par value per share (the &#8220;Common Stock&#8221;), on the regulated market of Euronext Paris (Compartment C).\u00a0 The Common Stock is currently listed and traded on the Professional Segment of Euronext Paris, and the Company would now like to upgrade the listing to the regulated market.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/697909\/Aerkomm_Inc_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/697909\/Aerkomm_Inc_Logo.jpg\" title=\"(PRNewsfoto\/Aerkomm Inc.)\" alt=\"(PRNewsfoto\/Aerkomm Inc.)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>Shares of the Company&#8217;s Common Stock will be offered in <span class=\"xn-location\">Europe<\/span> through a final Prospectus only after the Prospectus is filed with, and approved by, the Authorit\u00e9 Des Marches Financiers (AMF). Shares of the Company&#8217;s Common Stock to be offered through the Prospectus will not be registered in <span class=\"xn-location\">the United States<\/span> under the U.S. Securities Act of 1933, as amended (the &#8220;Securities Act&#8221;), or with any state securities authorities, and may not be offered and sold within <span class=\"xn-location\">the United States<\/span> or to any U.S. person (as that term is defined in Regulation S under the Securities Act), except pursuant to an exemption from the registration requirements of the Securities Act and in compliance with applicable state securities laws. <\/p>\n<p>\n        <b>About Aerkomm Inc.<\/b>\n      <\/p>\n<p>Aerkomm Inc. (Euronext Paris: AKOM; OTCQX: AKOM), operating through its wholly owned subsidiary, Aircom Pacific, Inc., is a development stage service provider of in-flight entertainment and connectivity solutions for the airline industry. The Company strives to become a leading provider of a wide range of in-flight broadband entertainment and connectivity services, including Wi-Fi connectivity, cellular networks, movies, gaming, live television, and music. Aerkomm aims to reshape the market for in-flight entertainment and connectivity services by offering on-board connectivity to its airline partners and passengers for free, generating revenue through advertising and on-board transactions.<\/p>\n<p>More information about Aerkomm is available at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3121760-1&amp;h=3031922702&amp;u=http%3A%2F%2Fwww.aerkomm.com%2F&amp;a=www.aerkomm.com\" rel=\"nofollow noopener noreferrer\">www.aerkomm.com<\/a>.<\/p>\n<p>\n        <b>Safe Harbor Statement<\/b>\n      <\/p>\n<p>This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. This release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our periodic filings with the Securities and Exchange Commission (the &#8220;SEC&#8221;) under the Securities Exchange Act of 1934, as amended, as well as in our Registration Statement on Form S-1 filed with the SEC (SEC File No. 333-237942) on <span class=\"xn-chron\">April 30, 2020<\/span>, as amended to date. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as &#8220;anticipate,&#8221; &#8220;believe,&#8221; &#8220;could,&#8221; &#8220;estimate,&#8221; &#8220;expect,&#8221; &#8220;intend,&#8221; &#8220;may,&#8221; &#8220;should,&#8221; and &#8220;would&#8221; or similar words. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.<\/p>\n<p>\n        <b>Investor Relations Contact:<br \/><\/b><br \/>\n        <span class=\"xn-person\">William Zima<\/span><br \/>\n        <br \/>ICR Inc.<br \/><a target=\"_blank\" href=\"mailto:William.Zima@icrinc.com\" rel=\"nofollow noopener noreferrer\">William.Zima@icrinc.com<\/a><br \/>+1 (203) 682-8233<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=SF35152&amp;sd=2021-04-07\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/aerkomm-announces-intention-to-upgrade-listing-status-on-euronext-301264281.html\">http:\/\/www.prnewswire.com\/news-releases\/aerkomm-announces-intention-to-upgrade-listing-status-on-euronext-301264281.html<\/a><\/p>\n<p>SOURCE  Aerkomm Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=SF35152&amp;Transmission_Id=202104071123PR_NEWS_USPR_____SF35152&amp;DateId=20210407\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire FREMONT, Calif., April 7, 2021 \/PRNewswire\/ &#8212;\u00a0Aerkomm Inc. (&#8220;Aerkomm&#8221; or &#8220;the Company&#8221;) (Euronext Paris: AKOM; OTCQX: AKOM), a development stage service provider of In-Flight Entertainment and Connectivity solutions for the airline industry using Ka-band technology, today announced that on April 1, 2021, the Company filed a preliminary draft prospectus (the &#8220;Prospectus&#8221;) with Euronext in Paris, a regulated market of Euronext Paris S.A. (&#8220;Euronext Paris&#8221;), in connection with the Company&#8217;s application for the listing\u00a0and the admission to trading of\u00a0the Company&#8217;s common stock, $0.001 par value per share (the &#8220;Common Stock&#8221;), on the regulated market of Euronext Paris (Compartment C).\u00a0 The Common Stock is currently listed and traded on the Professional Segment of Euronext Paris, and the Company would now &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/aerkomm-announces-intention-to-upgrade-listing-status-on-euronext\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Aerkomm Announces Intention to Upgrade Listing Status on Euronext&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-473007","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Aerkomm Announces Intention to Upgrade Listing Status on Euronext - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/aerkomm-announces-intention-to-upgrade-listing-status-on-euronext\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Aerkomm Announces Intention to Upgrade Listing Status on Euronext - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire FREMONT, Calif., April 7, 2021 \/PRNewswire\/ &#8212;\u00a0Aerkomm Inc. (&#8220;Aerkomm&#8221; or &#8220;the Company&#8221;) (Euronext Paris: AKOM; OTCQX: AKOM), a development stage service provider of In-Flight Entertainment and Connectivity solutions for the airline industry using Ka-band technology, today announced that on April 1, 2021, the Company filed a preliminary draft prospectus (the &#8220;Prospectus&#8221;) with Euronext in Paris, a regulated market of Euronext Paris S.A. (&#8220;Euronext Paris&#8221;), in connection with the Company&#8217;s application for the listing\u00a0and the admission to trading of\u00a0the Company&#8217;s common stock, $0.001 par value per share (the &#8220;Common Stock&#8221;), on the regulated market of Euronext Paris (Compartment C).\u00a0 The Common Stock is currently listed and traded on the Professional Segment of Euronext Paris, and the Company would now &hellip; Continue reading &quot;Aerkomm Announces Intention to Upgrade Listing Status on Euronext&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/aerkomm-announces-intention-to-upgrade-listing-status-on-euronext\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-07T15:26:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/697909\/Aerkomm_Inc_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/aerkomm-announces-intention-to-upgrade-listing-status-on-euronext\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/aerkomm-announces-intention-to-upgrade-listing-status-on-euronext\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Aerkomm Announces Intention to Upgrade Listing Status on Euronext\",\"datePublished\":\"2021-04-07T15:26:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/aerkomm-announces-intention-to-upgrade-listing-status-on-euronext\\\/\"},\"wordCount\":584,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/aerkomm-announces-intention-to-upgrade-listing-status-on-euronext\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/697909\\\/Aerkomm_Inc_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/aerkomm-announces-intention-to-upgrade-listing-status-on-euronext\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/aerkomm-announces-intention-to-upgrade-listing-status-on-euronext\\\/\",\"name\":\"Aerkomm Announces Intention to Upgrade Listing Status on Euronext - 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(&#8220;Aerkomm&#8221; or &#8220;the Company&#8221;) (Euronext Paris: AKOM; OTCQX: AKOM), a development stage service provider of In-Flight Entertainment and Connectivity solutions for the airline industry using Ka-band technology, today announced that on April 1, 2021, the Company filed a preliminary draft prospectus (the &#8220;Prospectus&#8221;) with Euronext in Paris, a regulated market of Euronext Paris S.A. 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