- The 32nd Annual ROTH Conference, scheduled to take place March 15-17 in Southern California, has been sidelined because of concerns about the novel coronavirus transmission risk amid pandemic conditions
- In place of the in-person conference, ROTH will proceed with scheduled one-on-one digital meetings between investors and management teams dedicated to the small and mid-cap market space
- The ROTH Conference team joins numerous other industry convention events that have postponed, canceled or moved online in the past few weeks
Each new day seems to bring a new batch of dire warnings about the spread of the novel coronavirus, which now has led to the suspension of this year’s National Basketball Association (NBA) season, suspension of all travel to the United States from most European countries and news that even celebrities and government officials can be susceptible to an illness now branded a pandemic.
As ROTH Capital Partners has monitored the developments and assessed health risks to clients and other guests, the team has arrived at the decision to change the format of the investment-building 32nd annual ROTH Conference from an in-person gathering to a virtual format.
“We evaluated a variety of options that would mitigate the risk of spreading the virus by unknown carriers. However, without proper diagnostic tests and considering the number of people that attend our flagship event, the risk that a few asymptomatic carriers could cause disruption and potential need for self-isolation by some attendees led us to this decision,” the ROTH team stated in an update to conference-goers (http://nnw.fm/Uq5PN).
The conference anticipated more than 5,000 attendees representing some 550 companies with key investment and corporate sector interests, even after issuing a prior notice that some of the companies that had planned to attend are headquartered in countries subject to travel restrictions by the U.S. government and would only be in contact via possible phone or video conferencing (http://nnw.fm/l74Rq).
“We have been in contact with local health organizations, government agencies and other investment conference organizers. Most importantly, we have listened to you – our clients and friends who have been supportive of our conferences for over 30 years,” the update states.
As in other years, the team had anticipated conducting informative presentations and hosting onsite networking opportunities at the Ritz-Carlton luxury resort hotel in the picturesque beachfront community of Dana Point, in the Laguna Niguel area just south of Los Angeles’ metropolitan hub, but that opportunity to rub shoulders with other like-minded participants has been cancelled for this year.
“This is a fluid situation. Many of you know how much I personally value the conference and the ability to get to know our clients on an individual basis,” CEO Byron Roth added. “While I am disappointed that I won’t see you next week, I look forward to spending time with you at a future ROTH event.”
The ROTH Conference team will establish a digital platform for online one-on-one meetings as scheduled between investors and management teams dedicated to the small and mid-cap market space. Registered attendees will be notified about the adaptations and are encouraged to contact their ROTH representatives if questions arise about the meetings schedule, or send an email about the questions to [email protected].
To ensure another successful year for ROTH while providing wider reach to the companies scheduled to present, InvestorBrandNetwork (IBN) has provided a custom-built online portal for use by all the attendees who planned to return March 15-17, 2020, as well as those who follow IBN’s various brands. The summaries written by their team can be used to proficiently evaluate each of the invited companies, to gain access to market research tools, and to easily visit any company’s website that attracts interest. To view IBN’s virtual coverage of the companies invited, visit: https://events.investorbrandnetwork.com/2020/roth/
Event organizers for numerous conferences in a wide variety of industries have had to address similar concerns. Some conferences have continued forward optimistically (http://nnw.fm/xHdN2), while others have postponed their events, canceled them entirely (http://nnw.fm/fzCj2) or found ways to adapt their plans to online access opportunities similar to what the ROTH team is doing (http://nnw.fm/jGBF7).
For more information, visit the company’s website at www.ROTH.com
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