OTC Markets Group Welcomes Generations Bancorp NY, Inc. to OTCQX
OTC Markets Group Inc. (OTCQX: OTCM) has announced that Generations Bancorp NY, Inc. (OTCQX: GBNY), the holding company for Generations Bank, has qualified to trade on the OTCQX® Best Market. Previously traded on NASDAQ, Generations Bancorp NY begins trading on OTCQX under the symbol "GBNY" today.
The OTCQX Market provides companies with efficient, cost-effective access to U.S. capital markets. It offers streamlined market requirements designed to help companies reduce the cost and complexity of being publicly traded while ensuring transparent trading for investors. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.
OTC Markets Group Inc. (OTCQX: OTCM) ha annunciato che Generations Bancorp NY, Inc. (OTCQX: GBNY), la holding di Generations Bank, è stata qualificata per scambiare sull'OTCQX® Best Market. In precedenza quotata su NASDAQ, Generations Bancorp NY inizia oggi a scambiare su OTCQX con il simbolo "GBNY".
Il mercato OTCQX offre alle aziende un accesso efficiente e conveniente ai mercati dei capitali statunitensi. Propone requisiti di mercato semplificati progettati per aiutare le aziende a ridurre i costi e la complessità di essere quotate in borsa, garantendo nel contempo scambi trasparenti per gli investitori. Per qualificarsi per l'OTCQX, le aziende devono soddisfare elevati standard finanziari, seguire le migliori pratiche di governance aziendale e dimostrare conformità alle leggi sui titoli applicabili.
OTC Markets Group Inc. (OTCQX: OTCM) ha anunciado que Generations Bancorp NY, Inc. (OTCQX: GBNY), la compañía matriz de Generations Bank, ha calificado para operar en el OTCQX® Best Market. Anteriormente cotizada en NASDAQ, Generations Bancorp NY comienza a operar en OTCQX bajo el símbolo "GBNY" hoy.
El mercado OTCQX proporciona a las empresas acceso eficiente y rentable a los mercados de capital de EE. UU.. Ofrece requisitos de mercado simplificados diseñados para ayudar a las empresas a reducir el costo y la complejidad de cotizar en bolsa, asegurando al mismo tiempo un comercio transparente para los inversionistas. Para calificar para OTCQX, las empresas deben cumplir con altos estándares financieros, seguir buenas prácticas de gobernanza corporativa y demostrar cumplimiento con las leyes de valores aplicables.
OTC Markets Group Inc. (OTCQX: OTCM)은 Generations Bancorp NY, Inc. (OTCQX: GBNY), Generations Bank의 모회사로서 OTCQX® Best Market에서 거래할 수 있는 자격을 갖추었다고 발표했습니다. 이전에 NASDAQ에서 거래되었던 Generations Bancorp NY는 오늘부터 "GBNY"라는 기호로 OTCQX에서 거래를 시작합니다.
OTCQX 시장은 기업들에게 미국 자본 시장에 효율적이고 비용 효율적인 접근을 제공합니다. 이는 기업들이 상장 비용과 복잡성을 줄이고, 투자자들을 위해 투명한 거래를 보장하기 위해 설계된 간소화된 시장 요구사항을 제공합니다. OTCQX에 자격을 갖추기 위해 기업은 높은 재무 기준을 충족하고, 모범적인 기업 거버넌스를 따르며, 관련 증권 법규를 준수해야 합니다.
OTC Markets Group Inc. (OTCQX: OTCM) a annoncé que Generations Bancorp NY, Inc. (OTCQX: GBNY), la société holding de Generations Bank, a été qualifiée pour négocier sur le OTCQX® Best Market. Auparavant cotée sur NASDAQ, Generations Bancorp NY commence aujourd'hui à négocier sur OTCQX sous le symbole "GBNY".
Le marché OTCQX offre aux entreprises un accès efficace et rentable aux marchés de capitaux américains. Il propose des exigences de marché rationalisées conçues pour aider les entreprises à réduire le coût et la complexité d'être cotées en bourse tout en garantissant un trading transparent pour les investisseurs. Pour se qualifier pour le OTCQX, les entreprises doivent respecter des normes financières élevées, suivre les meilleures pratiques de gouvernance d'entreprise et démontrer leur conformité aux lois sur les valeurs mobilières applicables.
Die OTC Markets Group Inc. (OTCQX: OTCM) hat bekannt gegeben, dass Generations Bancorp NY, Inc. (OTCQX: GBNY), die Holdinggesellschaft von Generations Bank, die Qualifikation zum Handel im OTCQX® Best Market erreicht hat. Zuvor an der NASDAQ gehandelt, beginnt Generations Bancorp NY heute unter dem Symbol "GBNY" im OTCQX zu handeln.
Der OTCQX-Markt bietet Unternehmen einen effizienten und kostengünstigen Zugang zu den US-Kapitalmärkten. Er bietet vereinfachte Marktanforderungen, die darauf abzielen, Unternehmen zu helfen, die Kosten und Komplexität des Börsengangs zu reduzieren, während gleichzeitig ein transparenter Handel für Investoren gewährleistet wird. Um sich für OTCQX zu qualifizieren, müssen Unternehmen hohe finanzielle Standards erfüllen, bewährte Praktiken der Unternehmensführung befolgen und die geltenden Wertpapiergesetze einhalten.
- Generations Bancorp NY, Inc. qualifies for trading on the OTCQX Best Market
- OTCQX offers cost-effective access to U.S. capital markets
- Streamlined market requirements may help reduce operational costs for Generations Bancorp NY
- Delisting from NASDAQ to OTCQX may be perceived as a downgrade in market status
NEW YORK, Oct. 07, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Generations Bancorp NY, Inc. (OTCQX: GBNY), the holding company for Generations Bank, has qualified to trade on the OTCQX® Best Market. Generations Bancorp NY, Inc. previously traded on NASDAQ.
Generations Bancorp NY, Inc. begins trading today on OTCQX under the symbol “GBNY.” 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.
About Generations Bancorp NY, Inc.
Generations Bancorp NY, Inc. is the parent of Generations Bank. The Bank is a federally chartered savings bank headquartered in Seneca Falls, New York. The Bank was organized in 1870 and has operated continuously since that time in the northern Finger Lakes region of New York State which is located in the central to northwestern portion of New York State. The Bank operates from its main office located in Seneca Falls, New York, in addition to eight full-service offices and one drivethrough facility located in Auburn, Farmington, Geneva, Medina, Phelps, Union Springs and Waterloo, New York which are located throughout the northern Finger Lakes region of New York State, which includes parts of Cayuga, Seneca, Ontario, and Orleans counties. Our address at our headquarters is 20 East Bayard Street, Seneca Falls, New York 13148 and the telephone number at our headquarters is (315) 568-5855.
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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OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com
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