other material
confidence high
sentiment positive
materiality 0.75
Citizens Holding to voluntarily delist from Nasdaq, move to OTCQX
CITIZENS HOLDING CO /MS/
- Company will delist from Nasdaq by Dec 15, 2023; expects to begin trading on OTCQX Market on Dec 18, 2023 under symbol CIZN.
- Will file Form 15 with SEC to suspend Exchange Act reporting obligations, suspending periodic report filings.
- CEO Stacy M. Brantley cites anticipated cost savings and efficiencies; financial statements will continue to be audited.
- Bank will continue reporting quarterly financial reports to its primary federal regulator and publish info on OTC Markets and bank website.