Nasdaq Halts Generations Bancorp NY, Inc.

Rhea-AI Summary

The Nasdaq Stock Market (Nasdaq: NDAQ) announced a trading halt for Generations Bancorp NY, Inc. (Nasdaq: GBNY) at 17:10:16 ET on January 14, 2021. The halt was due to a request for 'additional information' from the company, following a last sale price of $10.01. Trading will remain suspended until Generations Bancorp fully complies with Nasdaq's information request.

Positive

• None.

Negative

• Trading halted pending additional information from the company.
• Uncertainty regarding the duration of the trading halt may affect investor sentiment.

NEW YORK, Jan. 14, 2021 (GLOBE NEWSWIRE) -- The Nasdaq Stock Market^® (Nasdaq: NDAQ) announced that trading was halted today in Generations Bancorp NY, Inc. (Nasdaq: GBNY) at 17:10:16 Eastern Time on January 14, 2021, for "additional information requested" from the company at a last sale price of $10.01.

Trading will remain halted until Generations Bancorp NY, Inc. has fully satisfied Nasdaq’s request for additional information.

For news and additional information about the company, please contact the company directly or check under the company’s symbol using InfoQuotes^SM on the Nasdaq^® Web site.

For more information about The Nasdaq Stock Market, visit the Nasdaq Web site at http://www.nasdaq.com.

NDAQO

Nasdaq Media Contact:
Bianca Fata
Bianca.Fata@nasdaq.com

 

FAQ

What caused the trading halt for Generations Bancorp NY, Inc. on January 14, 2021?

The trading halt was caused by a request for 'additional information' from Nasdaq.

What was the last sale price of Generations Bancorp NY, Inc. before the trading halt?

The last sale price was $10.01.

When will trading resume for Generations Bancorp NY, Inc.?

Trading will resume once the company satisfies Nasdaq's request for additional information.