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Business Observer Monday, Nov. 8, 2021 1 year ago

Local technology company joins New York Stock Exchange

The move was a planned milestone along the company's strategic journey.

SARASOTA — Sarasota-based engineered motion control and electronic controls technology company Helios Technologies Inc. recently transferred its common stock to the New York Stock Exchange. 

The listing was transferred from Nasdaq market. 

“We are pleased to join the NYSE, one of the world’s most prestigious trading platforms, as we continue to execute on our transformational journey as a pure play global electronics/hydraulics company,” says Helios President and CEO Josef Matosevic in a press release. “We believe the advantages of this transfer include the exchange’s unique market model combining cutting-edge technology and human oversight, an unmatched network of CEOs and business leaders that include some of our top customers, the incomparable brand visibility that comes from an exchange listing, and core investor-relations services.” 

Matosevic also says the move was a planned milestone. He expects it to provide long-term value for the company’s shareholders. 

“We are excited to welcome Helios as it transfers its listing to the NYSE,” says John Tuttle, NYSE Group vice chairman and chief commercial officer, in the release. “As a company dedicated to innovation, Helios will be at home in NYSE’s extraordinary community of icons and disruptors.”

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