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GEE Group Inc. (NYSE:JOB) rose 35.14% in after-hours trading on Tuesday to $0.30 following the company’s announcement that it had retained Roth Capital Partners LLC as its financial advisor.
Roth Capital to Evaluate Strategic Alternatives
Roth Capital, a California-based, full-service investment bank that provides strategic and financial advisory services to growth companies and their investors, will assist GEE Group’s Board of Directors and its Mergers and Acquisitions Committee in evaluating unsolicited expressions of interest already received from various parties, as well as other strategic alternatives available to the company, according to the company’s press release.
GEE Group cautioned that no assurance exists that the review …
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