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YayYo, Inc. Adds Independent Board Members and Forms Committees as Part of Qualifying for Listing on NASDAQ

October 25, 2017 by  
Filed under Articles

LOS ANGELES October 25, 2017 YayYo, Inc.,  today announced that the Company has added five independent board members and formed its audit and compensation committees. The Company, in the course of its pending application with NASDAQ, is pleased to announce the following board appointments and committee designations:

Board Members:
Christopher Maglino
Harbant S. Sidhu
Dave Haley
Paul Richter
Jeffrey J. Guzy

Committee Designations:
Audit Committee
Harbant S. Sidhu
Paul Richter
Jeffrey J. Guzy

Compensation Committee
Christopher Maglino
Harbant S. Sidhu

As previously announced YayYo, Inc.,  has applied for NASDAQ listing. “We are happy we are moving forward with fulfilling the requirements of NASDAQ of have a larger number of independent board members and creating the required two committees. Having good governance is an important step to insure compliance with all SEC rules and to protect investors” said Ramy El-Batrawi CEO.

Forward-Looking Statements
This release contains certain statements that are, or may be deemed to be, forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934, and are made in reliance upon the protections provided by such Acts for forwardlooking statements. We have identified forward-looking statements by using words such as “expect,” “believe,” and “should.” Although we believe our expectations are reasonable, our operations involve a number of risks and uncertainties that are beyond our control, and these statements may turn out not to be true. Risk factors associated with our business, including some of the facts set forth herein, are detailed in the Company’s Form SEC filings. The Company was also qualified on March 17th, 2017 by the Securities and Exchange Commission for a Regulation A+ Initial Public Offering to raise gross proceeds of $50 million. Interested investors can purchase shares directly at http://www.YayYoIpo.com .

Media contact:
Ramy El-Batrawi
310-926-2643
info@yayyo.com

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