YOU On Demand Holdings, Inc. , China's leading national Pay-Per-View (PPV) and Video On Demand (VOD) platform, today announced that it has been approved to list its common stock on the NASDAQ Capital Market. Trading on NASDAQ will commence at 9:30 a.m. EDT on May 30, 2012. YOU On Demand's common stock will trade under the new ticker symbol "YOD" (formally otcbb:CBBD).
"We are excited to list our shares on NASDAQ, one of the world's premier stock exchanges," said Shane McMahon, Chairman and CEO of YOU On Demand. "This is a significant milestone in YOU On Demand's development and validation of our corporate governance practices. We believe that our listing on a national exchange as prestigious as NASDAQ will give our company the potential to broaden our shareholder base, improve liquidity and increase visibility of our achievements moving forward."
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