Virginia Beach-based Liberty Tax Service will celebrate its status as a publicly traded company by ringing the opening bell at the NASDAQ stock exchange on Monday.
Liberty Tax CEO John Hewitt will be the official bell ringer at the NASDAQ MarketSite in Times Square in New York when the market opens at 9 a.m.
In Virginia Beach, employees will watch the event on six big screen televisions.
“Becoming a public company is a milestone for our company, and it is an honor to be on hand to open trading on Aug. 13,” Hewitt said in a statement.
JTH Holding, Inc., the parent company of Liberty Tax Service, obtained approval to list its shares of Class A common stock on the NASDAQ Global Market.
The stock began trading on NASDAQ on July 2. The company’s trading symbol is “TAX.“
The company, which is marking its 15th anniversary this year, is described as the fastest-growing retail tax preparation company in the industry’s history.
Liberty Tax Service has more than 4,100 offices in the United States and Canada, with the majority owned by franchisees.
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