Ellie Mae to Transfer Listing of Common Stock to The New York Stock Exchange

by 31 May 2012
PLEASANTON, CA – May 31, 2012 – Ellie Mae, Inc. (NYSE MKT: ELLI), a leading provider of on-demand, enterprise level automated solutions for the residential mortgage industry, announced today that it has received authorization from NYSE Regulation, Inc. to transfer the listing of its common stock to the New York Stock Exchange (NYSE) from the NYSE MKT (formerly NYSE Amex), where it has traded since Ellie Mae’s initial public offering in April 2011.  Ellie Mae anticipates that trading in its common stock on the NYSE will begin on or about June 5, 2012 under its current symbol, “ELLI.” “Trading on the New York Stock Exchange is an important milestone in our progress as a public company,” said Sig Anderman, CEO of Ellie Mae. The last day of trading of Ellie Mae’s common stock on the NYSE MKT is expected to be on or about June 4, 2012.  Until the common stock begins trading on the NYSE, the common stock will remain trading on the NYSE MKT under the existing symbol “ELLI.”



Is TILA-RESPA a good or bad thing long term?