Anya Claus to be named to Claus Technologies Board to satisfy NASDAQ diversity requirement

NEW YORK, NY – In a first for Saint Nick's hundred-year-old company, a female is set to be named to the Board of Directors as part of an effort to satisfy NASDAQ’s new diversity requirements.

Anya Claus will become a director of Claus Technologies, a limited liability company incorporated in Delaware, just ahead of the expected listing in late 2021.

The public listing marks another first for Santa’s Workshop as it has remained under one ownership group since inception.

A spokesperson for the company says the event will provide “long needed liquidity for existing shareholders” but also provides capital for expansion plans.

It’s reported the IPO could raise more than Saudi Aramco’s 2019 listing. Saint Nick is purportedly looking to top the oil giant’s high profile debut last year.

Relations between the North Pole and Saudi Arabia are at an all-time low after a contentious exchange between Saint Nick and Crown Prince Mohammed Bin Salman.

The group has not ruled out going public via a merger with a special purpose acquisition corporation. SPACs have seen their popularity soar in 2020.

The group sought clarification on NASDAQ’s requirements and whether Elves qualify as an underrepresented minority.

The move by Claus Technologies was applauded by Lilly Chesterfield, an activist who has supported hiring based on gender.

Analysts from S&P casted doubt on the move suggesting nepotism may have been involved in the appointment.

A spokesperson for Mrs. Claus “categorically denied” the assertion that Anya’s appointment to the Board was tokenism and that nepotism played a role in the decision.