other material
confidence high
sentiment negative
materiality 0.75
Generations Bancorp NY plans voluntary Nasdaq delisting and SEC deregistration
Generations Bancorp NY, Inc.
- Board voted Sept 23 to delist from Nasdaq; Form 25 to be filed Oct 4, last trading day Oct 4.
- Stock expected to trade on OTCQX Market starting Oct 7 under symbol GBNY.
- Form 15 to be filed on/around Oct 14 to deregister; SEC reporting obligations suspended immediately.
- Company will continue annual reports and quarterly info on website; bank files quarterly Call Reports with FDIC.