Bank of South Carolina Corp. will voluntarily delist from NASDAQ to OTCQX; deregister with SEC

BANK OF SOUTH CAROLINA CORP

Board authorized delisting from NASDAQ Capital Market and deregistration on August 24, 2023.
Last trading day on NASDAQ expected around Sept 14; OTCQX quoting under BKSC starts Sept 15.
Company cites significant cost savings from reduced SEC reporting, audit, and legal expenses.
Eligible because fewer than 1,200 shareholders of record; will continue audited financials and publish info via OTCQX and bank website.
President Fleetwood S. Hassell states decision affirms commitment to shareholder value and expects no disruption in trading.

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