Articles from Proficient Auto Logistics, Inc.

Proficient Auto Logistics, Inc. (NASDAQPAL) (the “Company”) today announced that Rick O’Dell, Chairman and Chief Executive Officer, Amy Rice, President and Chief Operating Officer, and Brad Wright, Chief Financial Officer will attend the Stifel Financial Corp. Transportation & Logistics Conference on February 12, 2025. During this conference, Messrs. O’Dell and Wright and Ms. Rice expect to participate in a series of meetings with members of the investment community. The materials used during the meetings will be posted to the Company’s website that day at proficientautologistics.com under “Investor Relations - Investor Presentations.”

Proficient Auto Logistics, Inc. (NASDAQPAL) (the “Company” or “Proficient”) today reported its financial results for the three months ended September 30, 2024, and comparative summary financial information for the Founding Companies (as defined below) on a combined basis for the three months ended September 30, 2024.

Proficient Auto Logistics, Inc. (NASDAQPAL) today announced that the Board of Directors (the “Board”) of Proficient Auto Logistics, Inc. (“Proficient”) appointed Brenda Frank (“Ms. Frank”) to serve as a member of the Board. Ms. Frank currently is the Group Senior Vice President of Human Resources, Buying Offices, of Ross Stores, Inc. NASDAQ: ROSTNASDAQROST)

Proficient Auto Logistics, Inc. (NASDAQPAL) today provided an update on certain expected operating and financial metrics for the third quarter of fiscal 2024.

Proficient Auto Logistics, Inc. (NASDAQPAL) today reported its financial results for the three months ended June 30, 2024, for Proficient Auto Logistics, Inc. (“Proficient”, or the “Company”), Proficient Auto Transport, Inc. (“Proficient Transport”, or “Predecessor”) and for the five Founding Companies on a combined basis.

Proficient Auto Logistics, Inc. (NASDAQPAL) (the “Company”) today announced that the Company will issue its second quarter 2024 financial results on Friday, August 9, 2024 at approximately 8:00 a.m. EDT. The release will be followed by an investor conference call at 9:00 a.m. EDT to discuss the results.

Proficient Auto Logistics, Inc. (NASDAQPAL) today reported the financial results for the three months ended March 31, 2024 for Proficient Auto Logistics, Inc. (“Proficient”), Proficient Auto Transport, Inc. (“Proficient Transport”) and for the five Founding Companies (as defined below) on a combined basis.

Proficient Auto Logistics, Inc. (NASDAQPAL) (the “Company”) today announced that the Company will issue its first quarter 2024 financial results on Tuesday, June 18, 2024 at approximately 8:00 a.m. EDT. The release will be followed by an investor conference call at 9:00 a.m. EDT to discuss the results.

As previously announced, in connection with its initial public offering (“IPO”), Proficient Auto Logistics, Inc. (NASDAQPAL) (the “Company”) granted the underwriters of its IPO a customary 30-day over-allotment option to buy up to an additional 2,149,999 shares of common stock from the Company at the IPO price, less underwriting discounts and commissions. The Company today announced the sale of 1,435,000 shares of its common stock pursuant to the partial exercise of the over-allotment option. The shares were sold at the initial public offering price of $15.00 per share for total gross proceeds of approximately $21.5 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by the Company. All of the shares of common stock were sold by the Company.

Proficient Auto Logistics, Inc. (NASDAQPAL) (the “Company”) today announced the pricing of its initial public offering of 14,333,333 shares of its common stock at a public offering price of $15.00 per share, for total gross proceeds of approximately $215.0 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by the Company. All of the common stock is being offered by the Company. The underwriters will have a 30-day option to purchase up to an additional 2,149,999 shares of common stock from the Company. The shares are expected to begin trading on the Nasdaq Global Market on May 9, 2024 under the ticker symbol “PAL.” The offering is expected to close on May 13, 2024, subject to the closing of the Combinations (as described further below) and customary closing conditions.