StockNews.AI
TFIN
StockNews.AI
11 days

Triumph Announces Transfer of Listing of Common and Preferred Stock to the New York Stock Exchange

1. Triumph Financial transfers its listing to NYSE from Nasdaq. 2. TFIN will now also trade on NYSE Texas, commencing August 20, 2025. 3. CEO Aaron Graft emphasizes increased value potential and growth with NYSE listing. 4. Company maintains ticker TFIN; preferred ticker changes to TFIN PR. 5. Triumph is a financial tech firm modernizing freight transactions.

5m saved
Insight
Article

FAQ

Why Bullish?

Tax great visibility and prestige on NYSE could enhance investor interest. Historical examples show similar transitions often lead to price increases, as seen with firms like Tesla and Spotify.

How important is it?

The switch to NYSE and dual listing on NYSE Texas suggests enhanced business credibility, attracting investors. This strategic move can significantly impact stock valuation in both the short and long term.

Why Short Term?

The immediate transition to NYSE likely attracts investors quickly, albeit with fluctuating long-term effects. Such listings can generate short-term price rallies due to heightened trading volume.

Related Companies

NYSENASDAQ
DALLAS, Aug. 08, 2025 (GLOBE NEWSWIRE) -- Triumph Financial, Inc. (Nasdaq: TFIN) today announced that it will transfer the listing and trading of its common (TFIN) and preferred stock (TFINP) to the New York Stock Exchange (“NYSE”) from the Nasdaq Stock Market (“Nasdaq”). The company will retain its common stock ticker, TFIN; however, investors should note that the company’s preferred stock ticker will change from “TFINP” to “TFIN PR” in keeping with NYSE symbology. Simultaneously with this move, the company is announcing it will dual list its common stock on NYSE Texas, the new, fully electronic equities exchange based in Dallas, Texas, under the same ticker, TFIN. TFIN expects to begin trading on the NYSE on or about August 19, 2025, and on NYSE Texas on or about August 20, 2025. The Company’s common and preferred stock is expected to continue to trade on Nasdaq until the close of the market on or about August 18, 2025.   “We’re honored to join the New York Stock Exchange,” said Aaron Graft, founder, vice chairman and chief executive officer. “We believe the NYSE’s platform and resources will help us unlock greater value for Triumph and our shareholders. It’s a privilege to stand alongside many of the world’s most respected companies and, building on our deep Texas roots and commitment to this state, we are proud to join some of these same companies as a Founding Member of NYSE Texas. We would like to extend our sincere thanks to Nasdaq for the partnership and support over the past decade since our IPO.” “We are thrilled to welcome Triumph Financial as it transfers its primary listing to the NYSE and joins NYSE Texas as a Founding Member,” said Chris Taylor, chief development officer, NYSE Group. “We look forward to Triumph joining the NYSE’s best-in-class community of leading companies and to supporting their growth and future success.” About Triumph Triumph (Nasdaq: TFIN) is a financial and technology company focused on payments, factoring, intelligence and banking to modernize and simplify freight transactions. Headquartered in Dallas, Texas, its portfolio of brands includes Triumph, TBK Bank and LoadPay.     Forward-Looking Statements This press release contains forward-looking statements within the meaning of the federal securities laws. Investors are cautioned that such statements are predictions and that actual events or results may differ materially. Triumph Financial’s expected financial results or other plans are subject to a number of risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see “Risk Factors” and the forward-looking statement disclosure contained in the Company’s Annual Report on Form 10-K, filed with the Securities and Exchange Commission on February 11, 2025. Forward-looking statements speak only as of the date made and Triumph Financial undertakes no duty to update the information. Source: Triumph Financial, Inc. Investor Relations:Luke WyseExecutive Vice President, Head of Investor Relationslwyse@tfin.com214-365-6936 Media Contact:Amanda TavackoliSenior Vice President, Director of Corporate Communicationatavackoli@tfin.com214-365-6930

Related News