SOURCE: Hoku Corporation

Hoku Corporation

July 17, 2012 17:36 ET

Hoku Completes Voluntary Delisting From NASDAQ

Stock Commences Trading on Over the Counter Market

HONOLULU, HI--(Marketwire - Jul 17, 2012) - Hoku Corporation (PINKSHEETS: HOKU), a solar energy products and services company (the "Company"), announced it had filed a Form 25 with the Securities and Exchange Commission (the "SEC") on July 16, 2012. The filing completed the Company's previously announced plan to voluntarily terminate the listing of its common stock from The NASDAQ Global Market.

The Company also reported it had initiated the formal deregistration process with the SEC, which -- when complete -- would eliminate the Company's public reporting requirements.

Shares of the Company's common stock commenced trading on The OTC Pink market on July 16, 2012.

About Hoku Corporation
Hoku Corporation (PINKSHEETS: HOKU) is a solar energy products and services company with two business units: Hoku Materials and Hoku Solar. For more information, visit Hoku, Hoku Solar, and the Hoku Corporation logo are trademarks of Hoku Corporation, and Hoku Materials is the trademark of Hoku Materials, Inc., all rights reserved. All other trademarks, trade names and service marks appearing in this press release are the property of their respective holders. ©Copyright 2012, Hoku Corporation, all rights reserved.

Forward-Looking Statements
This press release contains forward-looking statements that involve many risks and uncertainties. In some cases, you can identify forward-looking statements by terms such as "anticipate," "believe," "can," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "will," "would" and similar expressions intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance, time frames or achievements to be materially different from any future results, performance, time frames or achievements expressed or implied by the forward-looking statements. These risks, uncertainties and other factors include, but are not limited to, the Company's ability to restructure its liabilities and the liabilities of Hoku Materials, the possible sale of Hoku Solar, Hoku Solar's ability to continue its business operations, and the risks, uncertainties and other factors disclosed in the Company's most recent Form 10-K and Form 10-Q filed with the Securities and Exchange Commission. Given these risks, uncertainties and other factors, you should not place undue reliance on these forward-looking statements. In evaluating these statements, you should specifically consider the risks described in the Company's filings with the Securities and Exchange Commission, as applicable. Except as required by law, the Company assumes no obligation to update these forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

Contact Information

  • Monica Salter
    Bennet Group
    Tel: 808-265-0073
    Email: Email Contact

    Investor Relations Inquiries:
    Hoku Corporation
    Tel: 808-682-7800
    Email: Email Contact