PITTSBURGH--(BUSINESS WIRE)-- Limbach Holdings, Inc. (OTCQB:LMBH, LMBHW) (“Limbach”) today announced that trading has commenced under the Company’s new ticker “LMBH” as of the market open on Wednesday August 3, 2016.
Founded in 1901, Limbach is the 12th largest mechanical systems solutions firm in the United States as determined by Engineering News Record. Limbach provides building infrastructure services, with an expertise in the design, installation and maintenance of HVAC and mechanical, electrical, and plumbing systems for a diversified group of commercial and institutional building owners. Limbach employs more than 1,300 employees in 14 offices throughout the United States. The Company’s full life-cycle capabilities, from concept design and engineering through system commissioning and recurring 24/7 service and maintenance, position Limbach as a value-added and essential partner for building owners, construction managers, general contractors and energy service companies.
This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United Stated Private Securities Litigation Reform Act of 1995. Forward-looking statements are not historical facts, and involve risks and uncertainties that could cause actual results to differ materially from those expected and projected. Words such as “expects,” “believes,” “anticipates,” “intends,” “estimates,” “seeks” and variations and similar words and expressions are intended to identify such forward-looking statements. Such forward-looking statements with respect to revenues, earnings, performance, strategies, prospects and other aspects of the businesses of Limbach are based on current expectations that are subject to risks and uncertainties. A number of factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements. These factors include, but are not limited to: (1) the ability to recognize the anticipated benefits of the merger, which may be affected by, among other things, competition, the ability of Limbach to grow and manage growth profitably, maintain and grow relationships with customers and suppliers and retain its key employees; (2) the possibility that Limbach may be adversely affected by other economic, business, and/or competitive factors; (3) the outcome of any legal proceedings that have been, and any other legal proceedings that may be, instituted against Limbach or others relating to the merger, including the lawsuit filed against the Company on May 10, 2016 by Robert Garfield on behalf of himself and all other similarly situated public holders of 1347 Capital Corp.’s common stock (as described in the prospectus (the “Prospectus”) filed by 1347 Capital Corp. with the U.S. Securities and Exchange Commission (the “SEC”) pursuant to Rule 424(b) of the rules and regulations of the SEC under the Securities Act of 1933, as amended (the “Securities Act”) (File No. 333-210772)); (4) the risk that the merger disrupts Limbach’s current plans and operations; and (5) other risks and uncertainties described in the Prospectus, including those under “Risk Factors” therein, and other filings with the SEC by 1347 Capital Corp. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made, and Limbach undertakes no obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.
This communication shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there by any sale of securities in any jurisdiction in which the offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act.
The Equity Group Inc.
Jeremy Hellman, CFA, 212-836-9626
Source: Limbach Holdings, Inc.
Released August 3, 2016