American Software, Inc. Changes Name to Logility Supply Chain Solutions, Inc. and Updates NASDAQ Ticker Symbol to LGTY
American Software, Inc. - Class A (AMSWA)
Last american software, inc. - class a earnings: 2/20 04:05 pm
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Source: Business Wire
ATLANTA--(BUSINESS WIRE)--American Software, Inc., a leader in AI-first supply chain planning software, is changing its name to Logility Supply Chain Solutions, Inc. (Logility) to align its name with its brand, which is recognized in the industry and around the world. On October 2, the company's NASDAQ ticker symbol will also change from AMSWA to LGTY, aligning with the new name.As part of this evolution, the company’s shareholders approved a reclassification of its dual-class share structure on August 20, 2024 from a dual-class capital structure to a single Class A common stock. This move is a response to feedback from shareholders and proxy advisory firms and is expected to attract a wider range of investors.“As we continue to innovate and lead in AI-first supply chain solutions, we are excited to align the company name with the brand for which we are globally recognized,” said Allan Dow, President and CEO of Logility.This strategic shift is part of a larger initiative aligned w
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