Pacaso Reserves Nasdaq Ticker Symbol "PCSO" for Future Capital Market Opportunities

Pacaso, a tech-enabled marketplace for co-owned luxury vacation homes, has reserved the ticker symbol "PCSO" on the Nasdaq Stock Market. This milestone highlights the company's expanding investor accessibility and operational maturity as it evaluates future capital market opportunities. Reservation of a ticker does not guarantee a future listing, but marks a strategic step in Pacaso's inclusive capital strategy and commitment to serving a broader set of stakeholders.

Pacaso, a tech-enabled marketplace for co-owned luxury vacation homes, has made a significant stride in its journey towards broader investor participation by reserving the ticker symbol "PCSO" on the Nasdaq Stock Market [2]. This move underscores the company's expanding investor accessibility and operational maturity as it evaluates future capital market opportunities.

The reservation of the ticker symbol "PCSO" does not guarantee a future listing on the Nasdaq Stock Market. However, it marks a strategic step in Pacaso's inclusive capital strategy and commitment to serving a broader set of stakeholders. The company's co-founder and CEO, Austin Allison, emphasized this by stating, "Reserving 'PCSO' reflects more than symbolic progress – it signals our commitment to building a business that belongs to a broader set of stakeholders" [2].

Since its founding in 2020, Pacaso has raised over $200 million across three equity rounds. In its most recent and ongoing round, the company has opened the investment opportunity to both accredited and non-accredited investors through an SEC-qualified Regulation A+ offering. This move aligns with Pacaso's mission to make wealth-building more accessible [2].

Pacaso's strong 2024 performance reflects how its inclusive capital strategy matches disciplined execution and sustained demand. Last year, the company facilitated $164.5 million in gross real estate transactions and associated service fees (excluding whole-home sales) and generated $23.6 million in adjusted gross profit – an 18% increase year-over-year [2].

The company operates in over 40 premier destinations across four countries, with demand consistently outpacing supply. To learn more or participate in Pacaso's current growth round, visit www.pacaso.com/invest [2].

References:

[1] https://www.cointribune.com/en/etoros-ipo-surpasses-expectations-with-52-per-share-set-to-begin-trading-on-nasdaq/
[2] https://www.prnewswire.com/news-releases/pacaso-reserves-ticker-pcso-302461042.html