Industry News | June 29, 2011

Crumbs Joins NASDAQ

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57th Street General Acquisition Corp., owner of Crumbs Holdings LLC, a national neighborhood bakery and the largest U.S.-based retailer of cupcakes, announced that NASDAQ has approved the listing of its common stock, warrants, and units for trading on the NASDAQ Capital Market effective June 30, 2011.

The company’s common stock, warrants, and units will trade under the current symbols “CRMB”, “CRMBW”, and “CRMBU”, respectively.

“Our listing on the NASDAQ Capital Market is a milestone for our company,” says Jason Bauer, co-founder of Crumbs and CEO of the company. “We are delighted to have achieved approval for listing on the NASDAQ and anticipate this platform will bring improved visibility for the company.

“In addition, this listing will benefit our stockholders through improved trading efficiencies,” he says. “We are excited about the opportunity to elevate our company's standing within the business and investment communities and look forward to joining other leading companies who are listed on this premier exchange.”

"We are delighted to welcome 57th Street General Acquisition Corp, the owner of Crumbs Holdings LLC, to NASDAQ," says Bruce Aust, executive vice president, Global Corporate Client Group, NASDAQ OMX.

"Crumbs will be joining a long list of leading consumer brand companies that call NASDAQ home,” Aust says. “We look forward to a successful and enduring partnership with Crumbs and its shareholders.”