{"id":830946,"date":"2025-03-27T17:19:23","date_gmt":"2025-03-27T21:19:23","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/friedman-industries-incorporated-announces-transfer-to-nasdaq\/"},"modified":"2025-03-27T17:19:23","modified_gmt":"2025-03-27T21:19:23","slug":"friedman-industries-incorporated-announces-transfer-to-nasdaq","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/friedman-industries-incorporated-announces-transfer-to-nasdaq\/","title":{"rendered":"Friedman Industries, Incorporated Announces Transfer to Nasdaq"},"content":{"rendered":"<div class=\"mw_release\">\n<ul>\n<li>Nasdaq trading commences on April 8, 2025<\/li>\n<li>Improves Friedman\u2019s visibility in the capital markets<\/li>\n<li>Increases potential for improved trading liquidity and diversified share ownership\n<\/li>\n<\/ul>\n<p>LONGVIEW, Texas, March  27, 2025  (GLOBE NEWSWIRE) &#8212; Friedman Industries, Incorporated (NYSE American: FRD), a leading manufacturer and processor of steel products, announced today it will transfer its common stock listing to the Nasdaq Global Select Market (\u201cNasdaq\u201d) and commence trading effective April 8, 2025, under the symbol \u201cFRD\u201d. The Company\u2019s common stock will continue to trade on the NYSE American through market close on April 7, 2025.<\/p>\n<p>\u201cAs we grow, we want to increase our market visibility and attract more investor capital\u201d said Michael Taylor, President and Chief Executive Officer.\u00a0 \u201cWe believe that Nasdaq provides more potential for improved trading liquidity, as well as increased institutional ownership and capital inflows.\u00a0 Listing on Nasdaq aligns with our goal of building Friedman\u2019s long-term equity value.\u201d<\/p>\n<p>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=b_UL-AYbo5Xpmr4p5lMDEzNE-ehwpVp4498DY3OGKoh6uRyTgrGby0f2EfXeTiY5Xy6lebT2lACE_c4SI4peGq67OXW68_kPpMVeLLy35edzVduKCpxwuDIGbUWgZmInDA5vQn7B41p5L3HcXK7CGPCOBdpjL_L9etc4QHVQews=\" rel=\"nofollow\" target=\"_blank\">LINK TO OUR LATEST INVESTOR PRESENTATION<\/a>, available at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=497sf_YOOE5uqbufz4MOrExN6o-U9MR3xjSqy_XW1XFBuiTmn2oMH6gVIqXqBBejZn1uoNwuChuEMV5PWKLtOJ2jGrTi_z_p9namxBpSOTjji0IT-RqQ0YLB0AWIMErSE57_Pvi5crLnYNvYidDFdbczNV2HOVbP9IaN6y2jdkqwD7NxEJ_IcBIdz1Gycgk4\" rel=\"nofollow\" target=\"_blank\">www.friedmanindustries.com\/investor-presentation<\/a><\/p>\n<p>\n        <strong>About Friedman Industries<\/strong>\n      <\/p>\n<p>Friedman Industries, Incorporated (\u201cCompany\u201d), headquartered in Longview, Texas, is a manufacturer and processor of steel products with operating plants in Hickman, Arkansas; Decatur, Alabama; East Chicago, Indiana; Granite City, Illinois; Sinton, Texas and Lone Star, Texas. The Company has two reportable segments: flat-roll products and tubular products. The flat-roll product segment consists of the operations in Hickman, Decatur, East Chicago, Granite City and Sinton where the Company processes hot-rolled steel coils. The Hickman, East Chicago and Granite City facilities operate temper mills and corrective leveling cut-to-length lines. The Sinton and Decatur facilities operate stretcher leveler cut-to-length lines. The tubular product segment consists of the operations in Lone Star where the Company manufactures electric resistance welded pipe and distributes pipe through its Texas Tubular Products division.<\/p>\n<p>\n        <strong>Cautionary Note Regarding Forward-Looking Statements<\/strong>\n      <\/p>\n<p>This news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act, and such statements involve risk and uncertainty. Forward-looking statements include those preceded by, followed by or including the words \u201cwill,\u201d \u201cexpect,\u201d \u201cintended,\u201d \u201canticipated,\u201d \u201cbelieve,\u201d \u201cproject,\u201d \u201cforecast,\u201d \u201cpropose,\u201d \u201cplan,\u201d \u201cestimate,\u201d \u201cenable,\u201d and similar expressions, including, for example, statements about our business strategy, our industry, our future profitability, growth in the industry sectors we serve, our expectations, beliefs, plans, strategies, objectives, prospects and assumptions, future production capacity and product quality. Forward-looking statements may be made by management orally or in writing including, but not limited to, this news release.<\/p>\n<p>Forward-looking statements are not guarantees of future performance. These statements are based on management\u2019s expectations that involve a number of business risks and uncertainties, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements. Although forward-looking statements reflect our current beliefs, reliance should not be placed on forward-looking statements because they involve known and unknown risks, uncertainties and other factors, which may cause our actual results, performance or achievements to differ materially from anticipated future results, performance or achievements expressed or implied by such forward-looking statements.<\/p>\n<p>Actual results and trends in the future may differ materially depending on a variety of factors including, but not limited to, changes in the demand for and prices of the Company\u2019s products, changes in government policy regarding steel, changes in the demand for steel and steel products in general and the Company\u2019s success in executing its internal operating plans, changes in and availability of raw materials, our ability to satisfy our take or pay obligations under certain supply agreements, unplanned shutdowns of our production facilities due to equipment failures or other issues, increased competition from alternative materials and risks concerning innovation, new technologies, products and increasing customer requirements. Accordingly, undue reliance should not be placed on our forward-looking statements. Such risks and uncertainty are also addressed in our Management\u2019s Discussion and Analysis of Financial Condition and Results of Operations and other sections of the Company\u2019s filings with the U.S. Securities and Exchange Commission (the \u201cSEC\u201d) under the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended (the \u201cExchange Act\u201d), including the Company\u2019s Annual Report on Form 10-K and its other Quarterly Reports on Form 10-Q.\u00a0We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, changed circumstances or otherwise, except to the extent law requires.<\/p>\n<p>For further information, contact Alex LaRue, Chief Financial Officer \u2013 Secretary and Treasurer, at (903)758-3431.<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQxMjQ3MCM2ODM4ODA4IzIwOTcyNTA=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/MzU1ZWJhODYtZTY1YS00ZTUyLWExOTktOGJhZGVjOWIzZmEyLTExMDg4MjEtMjAyNS0wMy0yNy1lbg==\/tiny\/Friedman-Industries-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Nasdaq trading commences on April 8, 2025 Improves Friedman\u2019s visibility in the capital markets Increases potential for improved trading liquidity and diversified share ownership LONGVIEW, Texas, March 27, 2025 (GLOBE NEWSWIRE) &#8212; Friedman Industries, Incorporated (NYSE American: FRD), a leading manufacturer and processor of steel products, announced today it will transfer its common stock listing to the Nasdaq Global Select Market (\u201cNasdaq\u201d) and commence trading effective April 8, 2025, under the symbol \u201cFRD\u201d. The Company\u2019s common stock will continue to trade on the NYSE American through market close on April 7, 2025. \u201cAs we grow, we want to increase our market visibility and attract more investor capital\u201d said Michael Taylor, President and Chief Executive Officer.\u00a0 \u201cWe believe that Nasdaq provides &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/friedman-industries-incorporated-announces-transfer-to-nasdaq\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Friedman Industries, Incorporated Announces Transfer to Nasdaq&#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-830946","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Friedman Industries, Incorporated Announces Transfer to Nasdaq - 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\/friedman-industries-incorporated-announces-transfer-to-nasdaq\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Friedman Industries, Incorporated Announces Transfer to Nasdaq - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Nasdaq trading commences on April 8, 2025 Improves Friedman\u2019s visibility in the capital markets Increases potential for improved trading liquidity and diversified share ownership LONGVIEW, Texas, March 27, 2025 (GLOBE NEWSWIRE) &#8212; Friedman Industries, Incorporated (NYSE American: FRD), a leading manufacturer and processor of steel products, announced today it will transfer its common stock listing to the Nasdaq Global Select Market (\u201cNasdaq\u201d) and commence trading effective April 8, 2025, under the symbol \u201cFRD\u201d. The Company\u2019s common stock will continue to trade on the NYSE American through market close on April 7, 2025. \u201cAs we grow, we want to increase our market visibility and attract more investor capital\u201d said Michael Taylor, President and Chief Executive Officer.\u00a0 \u201cWe believe that Nasdaq provides &hellip; Continue reading &quot;Friedman Industries, Incorporated Announces Transfer to Nasdaq&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/friedman-industries-incorporated-announces-transfer-to-nasdaq\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-27T21:19:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQxMjQ3MCM2ODM4ODA4IzIwOTcyNTA=\" \/>\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=\"4 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\\\/friedman-industries-incorporated-announces-transfer-to-nasdaq\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/friedman-industries-incorporated-announces-transfer-to-nasdaq\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Friedman Industries, Incorporated Announces Transfer to Nasdaq\",\"datePublished\":\"2025-03-27T21:19:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/friedman-industries-incorporated-announces-transfer-to-nasdaq\\\/\"},\"wordCount\":743,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/friedman-industries-incorporated-announces-transfer-to-nasdaq\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTQxMjQ3MCM2ODM4ODA4IzIwOTcyNTA=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/friedman-industries-incorporated-announces-transfer-to-nasdaq\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/friedman-industries-incorporated-announces-transfer-to-nasdaq\\\/\",\"name\":\"Friedman Industries, Incorporated Announces Transfer to Nasdaq - 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The Company\u2019s common stock will continue to trade on the NYSE American through market close on April 7, 2025. \u201cAs we grow, we want to increase our market visibility and attract more investor capital\u201d said Michael Taylor, President and Chief Executive Officer.\u00a0 \u201cWe believe that Nasdaq provides &hellip; Continue reading \"Friedman Industries, Incorporated Announces Transfer to Nasdaq\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/friedman-industries-incorporated-announces-transfer-to-nasdaq\/","og_site_name":"Market Newsdesk","article_published_time":"2025-03-27T21:19:23+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQxMjQ3MCM2ODM4ODA4IzIwOTcyNTA=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/friedman-industries-incorporated-announces-transfer-to-nasdaq\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/friedman-industries-incorporated-announces-transfer-to-nasdaq\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Friedman Industries, Incorporated Announces Transfer to Nasdaq","datePublished":"2025-03-27T21:19:23+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/friedman-industries-incorporated-announces-transfer-to-nasdaq\/"},"wordCount":743,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/friedman-industries-incorporated-announces-transfer-to-nasdaq\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQxMjQ3MCM2ODM4ODA4IzIwOTcyNTA=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/friedman-industries-incorporated-announces-transfer-to-nasdaq\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/friedman-industries-incorporated-announces-transfer-to-nasdaq\/","name":"Friedman Industries, Incorporated Announces Transfer to Nasdaq - 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