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OTC Markets Group Welcomes Cullman Bancorp, Inc. to OTCQX

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OTC Markets Group Inc. (OTCQX: OTCM) has announced that Cullman Bancorp, Inc. (OTCQX: CULL), the holding company for Cullman Savings Bank, has qualified to trade on the OTCQX® Best Market. Cullman Bancorp, previously traded on NASDAQ, began trading on OTCQX under the symbol 'CULL' on July 22, 2024. The OTCQX Market offers companies efficient, cost-effective access to U.S. capital markets with streamlined requirements designed to reduce costs and complexity while maintaining transparency for investors. To qualify, companies must meet high financial standards, follow best practice corporate governance, and comply with applicable securities laws.

OTC Markets Group Inc. (OTCQX: OTCM) ha annunciato che Cullman Bancorp, Inc. (OTCQX: CULL), la holding per Cullman Savings Bank, ha ottenuto la qualifica per negoziare sul OTCQX® Best Market. Cullman Bancorp, precedentemente quotata su NASDAQ, ha iniziato a negoziare su OTCQX con il simbolo 'CULL' il 22 luglio 2024. Il mercato OTCQX offre alle aziende accesso efficiente e conveniente ai mercati di capitoli statunitensi con requisiti semplificati progettati per ridurre costi e complessità mantenendo allo stesso tempo la trasparenza per gli investitori. Per qualificarsi, le aziende devono soddisfare standard finanziari elevati, seguire le migliori pratiche di governance aziendale e conformarsi alle leggi sui titoli applicabili.

OTC Markets Group Inc. (OTCQX: OTCM) ha anunciado que Cullman Bancorp, Inc. (OTCQX: CULL), la empresa matriz de Cullman Savings Bank, ha calificado para operar en el OTCQX® Best Market. Cullman Bancorp, que anteriormente cotizaba en NASDAQ, comenzó a operar en OTCQX bajo el símbolo 'CULL' el 22 de julio de 2024. El mercado OTCQX ofrece a las empresas acceso eficiente y rentable a los mercados de capitales de EE. UU. con requisitos simplificados diseñados para reducir costos y complejidad mientras se mantiene la transparencia para los inversores. Para calificar, las empresas deben cumplir con altos estándares financieros, seguir las mejores prácticas de gobernanza corporativa y cumplir con las leyes de valores aplicables.

OTC 마켓 그룹 주식회사(OTCQX: OTCM)는 컬먼 반코프 주식회사(OTCQX: CULL), 컬먼 세이빙스 뱅크의 지주회사,가 OTCQX® 베스트 마켓에서 거래할 자격을 갖추었다고 발표했습니다. 컬먼 반코프는 이전에 NASDAQ에서 거래되었으며, 2024년 7월 22일 'CULL' 심볼로 OTCQX에서 거래를 시작했습니다. OTCQX 마켓은 기업에 효율적이고 비용 효과적인 미국 자본 시장 접근을 제공하며, 비용과 복잡성을 줄이기 위해 설계된 간소화된 요구 사항을 가지고 있고, 투자자들에게 투명성을 유지합니다. 자격을 얻기 위해서는 기업이 높은 재무 기준을 충족하고, 최고의 기업 거버넌스 관행을 따르며, 적용 가능한 증권 법규를 준수해야 합니다.

OTC Markets Group Inc. (OTCQX: OTCM) a annoncé que Cullman Bancorp, Inc. (OTCQX: CULL), la société holding de Cullman Savings Bank, a réussi à se qualifier pour négocier sur le OTCQX® Best Market. Cullman Bancorp, qui était précédemment cotée sur NASDAQ, a commencé à négocier sur OTCQX sous le symbole 'CULL' le 22 juillet 2024. Le marché OTCQX offre aux entreprises un accès efficace et rentable aux marchés de capitaux américains avec des exigences simplifiées conçues pour réduire les coûts et la complexité tout en maintenant la transparence pour les investisseurs. Pour se qualifier, les entreprises doivent répondre à des normes financières élevées, suivre les meilleures pratiques de gouvernance d'entreprise et se conformer aux lois sur les valeurs mobilières applicables.

Die OTC Markets Group Inc. (OTCQX: OTCM) hat angekündigt, dass die Cullman Bancorp, Inc. (OTCQX: CULL), die Holdinggesellschaft der Cullman Savings Bank, die Voraussetzungen für den Handel am OTCQX® Best Market erfüllt hat. Cullman Bancorp, die zuvor an der NASDAQ gehandelt wurde, begann am 22. Juli 2024 unter dem Symbol 'CULL' am OTCQX zu handeln. Der OTCQX-Markt bietet Unternehmen effizienten und kostengünstigen Zugang zu den US-Kapitalmärkten mit vereinfachten Anforderungen, die darauf ausgelegt sind, Kosten und Komplexität zu reduzieren und gleichzeitig die Transparenz für Investoren zu gewährleisten. Um sich zu qualifizieren, müssen Unternehmen hohe finanzielle Standards erfüllen, bewährte Corporate Governance-Praktiken befolgen und die geltenden Wertpapiergesetze einhalten.

Positive
  • Transition to OTCQX market may reduce costs and complexity for Cullman Bancorp
  • OTCQX market provides efficient trading for investors
  • Company meets high financial standards and best practice corporate governance
Negative
  • Delisting from NASDAQ may be perceived negatively by some investors
  • Potential reduction in trading volume or liquidity compared to NASDAQ

NEW YORK, July 22, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Cullman Bancorp, Inc. (OTCQX: CULL), the holding company for Cullman Savings Bank, has qualified to trade on the OTCQX® Best Market. Cullman Bancorp, Inc. previously traded on NASDAQ.

Cullman Bancorp, Inc. begins trading today on OTCQX under the symbol “CULL.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

Trading on the OTCQX Market offers companies efficient, cost-effective access to the U.S. capital markets. Streamlined market requirements for OTCQX are designed to help companies lower the cost and complexity of being publicly traded, while providing transparent trading for their investors. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. 

“We believe the OTCQX Market provides our investors the ability to efficiently trade CULL stock, and in a manner that is cost-effective for our company and our investors,” stated John A. Rilley, III, Chairman, President and Chief Executive Officer.

About Cullman Bancorp, Inc.
Cullman Bancorp, Inc., incorporated in July 2021, is a Maryland corporation and the holding company for Cullman Savings Bank.

About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX® Best Market, OTCQB® Venture Market and Pink® Open Market.

Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.

OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.

To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

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Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com


FAQ

When did Cullman Bancorp, Inc. (CULL) start trading on the OTCQX Market?

Cullman Bancorp, Inc. (CULL) began trading on the OTCQX Market on July 22, 2024.

What is the stock symbol for Cullman Bancorp, Inc. on the OTCQX Market?

Cullman Bancorp, Inc. trades on the OTCQX Market under the symbol 'CULL'.

Which market did Cullman Bancorp, Inc. trade on before moving to OTCQX?

Cullman Bancorp, Inc. previously traded on NASDAQ before moving to the OTCQX Market.

What are the benefits for Cullman Bancorp, Inc. trading on the OTCQX Market?

Trading on the OTCQX Market offers Cullman Bancorp, Inc. efficient, cost-effective access to U.S. capital markets with streamlined requirements, potentially lowering the cost and complexity of being publicly traded.

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