---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-044275"
form_type: "8-K"
ticker: "BKSC"
cik: "0001007273"
company_name: "BANK OF SOUTH CAROLINA CORP"
filed_at: "2023-08-24T23:59:59+00:00"
generated_at: "2026-06-11T03:49:57.403878+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-23-044275
- form_type: 8-K
- ticker: BKSC
- cik: 0001007273
- company_name: BANK OF SOUTH CAROLINA CORP
- filed_at: 2023-08-24T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1007273/000095017023044275/0000950170-23-044275-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1007273/000095017023044275/bksc-20230824.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-044275
- JSON: https://secwatch.observer/filing/0000950170-23-044275.json
- Plain text: https://secwatch.observer/filing/0000950170-23-044275.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.