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Monday, August 13, 2018

Data Technical News #2018 - 18
Saga Communications, Inc. to Begin Listing and Trading on Nasdaq on Thursday, August 16, 2018

Markets Impacted:

Products Impacted:

  • All Nasdaq and UTP Data Feeds

Contact Information:

Resources:

What you need to know:

On Thursday, August 16, 2018, Saga Communications, Inc. (NYSE American: SGA) stock will be listed and begin trading on the Nasdaq Stock Market under the continued ticker symbol "SGA".

The company will continue to be traded on NYSE American through Wednesday, August 15, 2018.

Nasdaq requests that market data redistributors retain historical data for SGA.

What are the issue details for the new Nasdaq listing?

The issue mapping for Saga Communications, Inc. is as follows:

Issue Name CUSIP NYSE American Ticker through Wednesday, August 15, 2018 Nasdaq Ticker as of Thursday, August 16, 2018 Nasdaq Market Category Round Lot Size
Saga Communications, Inc. 786598300
 SGA
 SGA Nasdaq Global Market 100 shares

What database changes do Nasdaq market data redistributors need to make to accommodate the new listing?

Nasdaq asks that all market data redistributors update their database to reflect the new listing market for Saga Communications, Inc. after market close on Wednesday, August 15, 2018. Nasdaq requests that market data redistributors retain historical data for SGA.

When the issue moves from NYSE American to Nasdaq, firms will see a change in the consolidated data source for Saga Communications, Inc. Please note that the consolidated market data for all Nasdaq-listed issues is disseminated via the UTP Quotation Data Feed (UQDF) and UTP Trade Data Feed (UTDF). Firms will begin to see quotation and trade data for Saga Communications, Inc. on UQDF and UTDF beginning in the pre-market trading hours on Thursday, August 16, 2018.

For firms that report end-usage numbers by the query, Nasdaq reminds them that the Level 1, Nasdaq Basic and Nasdaq Last Sale (NLS) counts should include quote and trade queries for Saga Communications, Inc. (SGA) beginning on Thursday, August 16, 2018.

Contact Information

If you have questions about Saga Communications, Inc., please contact:

  • Andrew Hall, Managing Director, Nasdaq, at +1 212 401 8972
  • Sam Bush, Chief Financial Officer, Saga Communications, Inc. at +1 313 886 7070

If you would like to register as a market maker in SGA, please contact:


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