SOURCE: Cachet Financial Solutions

Cachet Financial Solutions

July 10, 2014 16:05 ET

Cachet Financial Solutions Changes Stock Ticker to CAFN

MINNEAPOLIS, MN--(Marketwired - Jul 10, 2014) - Cachet Financial Solutions, Inc., a leading financial services technology provider of remote deposit capture ("RDC") and mobile wallet solutions, will begin trading under the new symbol "CAFN" (OTCBB: CAFN) effective at the start of trading on Friday, July 11, 2014. Cachet's initial public offering of 4,500,000 shares of its common stock began trading on the OTCBB on July 9, 2014 under the previous symbol "CHTF" (OTCBB: CHTF).

As of July 11, all stock trading, filings and market related information will be reported under the new symbol "CAFN."

About Cachet Financial Solutions Inc.
Cachet Financial Solutions is a leading cloud-based, SaaS technology provider serving the financial services industry with mobile money management and remote deposit capture solutions for PC, Mac and Mobile. Our industry-leading solutions help clients to increase customer/member engagement, grow revenues and gain competitive advantage. Cachet's cloud-based technology platform simplifies development, deployment and servicing of clients' consumer and commercial solutions -- minimizing cost and accelerating speed-to-market and ROI. With our complete suite of business and consumer solutions, financial institutions can better serve the needs of all their customers/members. For more information, visit www.cachetfinancial.com.

Forward-Looking Statements
This press release contains certain statements that would be deemed "forward-looking statements" under Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1933 and includes, among other things, discussions of our business strategies, future operations and capital resources. Words such as "may," "likely," "anticipate," "expect" and "believes" indicate forward-looking statements.

These statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements. Forward-looking statements include statements about the anticipated closing of our initial public offering and the number of shares to be sold in the offering.

Forward-looking statements reflect our current views with respect to future events, are based on assumptions and are subject to risks and uncertainties. We discuss many of these risks in greater detail in our Current Report on Form 8K filed with the Securities and Exchange Commission on February 12, 2014 under the heading "Risk Factors" and in the other reports we file with the Commission. Given these uncertainties, you should not attribute undue certainty to these forward-looking statements. Also, forward-looking statements represent our estimates and assumptions only as of the date of this press release. Except as required by law, we assume no obligation to update any forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in any forward-looking statements, even if new information becomes available in the future.

Contact Information

  • Contact Information:

    Darin McAreavey
    EVP & CFO
    Cachet Financial Solutions
    952.698.5214
    Email Contact

    Michael Koehler
    Associate Director, Investor Relations
    Matt Glover
    Director, Investor Relations
    Liolios Group, Inc.
    949.574.3860
    Email Contact