AMERIS BANCORP ANNOUNCES TRANSFER OF LISTING OF COMMON STOCK TO THE NEW YORK STOCK EXCHANGE

Rhea-AI Summary

Ameris Bancorp (Nasdaq: ABCB) announced a strategic move to transfer its common stock listing from Nasdaq to the New York Stock Exchange (NYSE). This transition is set to occur on July 23, 2024, with Ameris continuing to trade under the ticker symbol 'ABCB'. The company's stock will trade on Nasdaq until the close of business on July 22, 2024. Ameris's leadership team, including CEO Palmer Proctor, will celebrate the listing transfer by ringing the NYSE Opening Bell. The shift is aimed at enhancing Ameris's visibility and market position. Ameris Bancorp, headquartered in Atlanta, Georgia, manages $25.7 billion in assets and operates 164 financial centers across the Southeast.

Positive

• Ameris Bancorp is transferring its stock listing to the NYSE, the world's premier stock exchange, which is expected to enhance its visibility and market position.

Negative

• None.

ATLANTA, July 12, 2024 /PRNewswire/ -- Ameris Bancorp (Nasdaq: ABCB) (the "Company" or "Ameris") announced today that it is transferring the listing of its common stock to the New York Stock Exchange ("NYSE") from The Nasdaq Stock Market LLC ("Nasdaq").

Ameris's common stock is expected to begin trading on the NYSE on Tuesday, July 23, 2024, and will continue to be traded under its current ticker symbol "ABCB" after the transfer. Ameris's common stock is expected to continue to trade on Nasdaq until the close of the market on Monday, July 22, 2024. To commemorate the event, members of Ameris's executive team and its board of directors will ring the Opening Bell at the NYSE on Tuesday, July 23, 2024.

"We are excited to announce the transfer of Ameris's common stock listing to the NYSE, the world's premier stock exchange," stated Palmer Proctor, Chief Executive Officer of Ameris. "We believe this strategic move will provide enhanced visibility and a strengthened market position for our Company."

"We're thrilled to welcome Ameris to the New York Stock Exchange," said John Tuttle, Vice Chair, NYSE Group. "As an NYSE-listed company, Ameris joins our community of icons, disruptors and many of its peers, leveraging the membership value that our exchange uniquely provides."

About Ameris Bancorp

Ameris Bancorp is the parent of Ameris Bank, a state-chartered bank headquartered in Atlanta, Georgia. Ameris operates 164 financial centers across the Southeast and also serves consumer and business customers nationwide through select lending channels. Ameris manages $25.7 billion in assets as of March 31, 2024, and provides a full range of traditional banking and lending products, treasury and cash management, insurance premium financing, and mortgage and refinancing services. Learn more about Ameris at www.amerisbank.com.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/ameris-bancorp-announces-transfer-of-listing-of-common-stock-to-the-new-york-stock-exchange-302195587.html

SOURCE Ameris Bancorp

FAQ

When is Ameris Bancorp (ABCB) transferring its stock listing to the NYSE?

Ameris Bancorp is transferring its stock listing to the NYSE on July 23, 2024.

Will Ameris Bancorp (ABCB) keep its ticker symbol after transferring to the NYSE?

Yes, Ameris Bancorp will continue to trade under its current ticker symbol 'ABCB' after the transfer.

When will Ameris Bancorp (ABCB) stop trading on Nasdaq?

Ameris Bancorp will stop trading on Nasdaq at the close of business on July 22, 2024.

Why is Ameris Bancorp transferring its stock listing to the NYSE?

Ameris Bancorp is transferring to the NYSE to enhance its visibility and strengthen its market position.

What event will Ameris Bancorp's executive team participate in at the NYSE?

Ameris Bancorp's executive team will ring the Opening Bell at the NYSE on July 23, 2024, to commemorate the listing transfer.