Cimco, a Costa Mesa maker of parts...
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Cimco, a Costa Mesa maker of parts and sub-assemblies for other manufacturers, said Monday that its common stock is scheduled to be listed on the NASDAQ system beginning Wednesday, just three months after making its first public offering.
The stock has been traded over the counter since May 13, when Cimco issued 1.15 million shares in the 27-year-old company’s initial public offering. The company said that 2.25 million shares of common stock are outstanding.
Cimco reported net income of $1.1 million and revenue of $26.2 million for the fiscal year ended April 30. The company’s more than 100 thermoplastic components and sub-assemblies customers include International Business Machines Corp., Rolm Corp. and Minnesota Mining & Manufacturing.
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