OTC Markets Group Welcomes Lake Ridge Bancorp, Inc. to OTCQX
OTC Markets Group (OTCQX: OTCM) announced that Lake Ridge Bancorp (OTCQX: LRBI), the holding company for Lake Ridge Bank, has qualified to trade on the OTCQX® Best Market. Trading begins under the symbol 'LRBI', with current financial disclosure and Real-Time Level 2 quotes available on otcmarkets.com.
The OTCQX Market enables banks to maximize their public company value through transparent trading and easy shareholder access to company information. To qualify, community banks must meet high financial standards, follow best practice corporate governance, and comply with securities laws. Lake Ridge Bancorp, with approximately 1,400 shareholders, views this transition as a strategic move to provide enhanced liquidity options while focusing on long-term shareholder value.
OTC Markets Group (OTCQX: OTCM) ha annunciato che Lake Ridge Bancorp (OTCQX: LRBI), la holding per Lake Ridge Bank, ha ottenuto la qualifica per operare sul mercato OTCQX® Best Market. Le negoziazioni iniziano con il simbolo 'LRBI', con la divulgazione finanziaria attuale e le quotazioni in tempo reale di livello 2 disponibili su otcmarkets.com.
Il mercato OTCQX consente alle banche di massimizzare il valore della loro azienda pubblica attraverso un trading trasparente e un facile accesso degli azionisti alle informazioni aziendali. Per qualificarsi, le banche comunitarie devono soddisfare elevati standard finanziari, seguire le migliori pratiche di governance aziendale e rispettare le leggi sui titoli. Lake Ridge Bancorp, con circa 1.400 azionisti, considera questa transizione una mossa strategica per fornire opzioni di liquidità migliorate, concentrandosi nel contempo sul valore a lungo termine per gli azionisti.
OTC Markets Group (OTCQX: OTCM) anunció que Lake Ridge Bancorp (OTCQX: LRBI), la empresa matriz de Lake Ridge Bank, ha calificado para operar en el mercado OTCQX® Best Market. El comercio comienza bajo el símbolo 'LRBI', con la divulgación financiera actual y las cotizaciones en tiempo real de nivel 2 disponibles en otcmarkets.com.
El mercado OTCQX permite a los bancos maximizar el valor de su empresa pública a través de un comercio transparente y un fácil acceso de los accionistas a la información de la empresa. Para calificar, los bancos comunitarios deben cumplir con altos estándares financieros, seguir las mejores prácticas de gobernanza corporativa y cumplir con las leyes de valores. Lake Ridge Bancorp, con aproximadamente 1,400 accionistas, considera esta transición como un movimiento estratégico para proporcionar opciones de liquidez mejoradas mientras se enfoca en el valor a largo plazo para los accionistas.
OTC 마켓 그룹 (OTCQX: OTCM)은 레이크 리지 뱅코프 (OTCQX: LRBI), 레이크 리지 뱅크의 모회사, 가 OTCQX® 베스트 마켓에서 거래할 자격을 얻었다고 발표했습니다. 거래는 'LRBI' 기호로 시작되며, 현재 재무 공시와 실시간 레벨 2 시세는 otcmarkets.com에서 확인할 수 있습니다.
OTCQX 마켓은 은행들이 투명한 거래와 주주들이 회사 정보에 쉽게 접근할 수 있도록 함으로써 공기업 가치를 극대화할 수 있게 해줍니다. 자격을 갖추려면 지역 은행들은 높은 재무 기준을 충족하고, 최선의 기업 거버넌스 관행을 따르며, 증권 법규를 준수해야 합니다. 약 1,400명의 주주를 둔 레이크 리지 뱅코프는 이 전환을 전략적 조치로 보고 있으며, 장기적인 주주 가치를 중시하면서 유동성 옵션을 향상시키기 위해 노력하고 있습니다.
OTC Markets Group (OTCQX: OTCM) a annoncé que Lake Ridge Bancorp (OTCQX: LRBI), la société mère de Lake Ridge Bank, a obtenu la qualification pour négocier sur le marché OTCQX® Best Market. La négociation commence sous le symbole 'LRBI', avec la divulgation financière actuelle et les cotations en temps réel de niveau 2 disponibles sur otcmarkets.com.
Le marché OTCQX permet aux banques de maximiser la valeur de leur entreprise publique grâce à un trading transparent et à un accès facile des actionnaires aux informations de l'entreprise. Pour se qualifier, les banques communautaires doivent respecter des normes financières élevées, suivre les meilleures pratiques de gouvernance d'entreprise et se conformer aux lois sur les valeurs mobilières. Lake Ridge Bancorp, avec environ 1 400 actionnaires, considère cette transition comme un mouvement stratégique pour offrir des options de liquidité améliorées tout en se concentrant sur la valeur à long terme pour les actionnaires.
OTC Markets Group (OTCQX: OTCM) gab bekannt, dass Lake Ridge Bancorp (OTCQX: LRBI), die Holdinggesellschaft der Lake Ridge Bank, die Qualifikation für den Handel am OTCQX® Best Market erhalten hat. Der Handel beginnt unter dem Symbol 'LRBI', mit aktuellen Finanzinformationen und Echtzeit-Level-2-Kursen, die auf otcmarkets.com verfügbar sind.
Der OTCQX-Markt ermöglicht es Banken, den Wert ihres öffentlichen Unternehmens durch transparenten Handel und einfachen Zugang der Aktionäre zu Unternehmensinformationen zu maximieren. Um sich zu qualifizieren, müssen Gemeinschaftsbanken hohe finanzielle Standards erfüllen, bewährte Unternehmensführungspraktiken befolgen und die Wertpapiergesetze einhalten. Lake Ridge Bancorp, mit etwa 1.400 Aktionären, sieht diesen Übergang als strategischen Schritt, um verbesserte Liquiditätsoptionen zu bieten und gleichzeitig den langfristigen Wert für die Aktionäre zu fokussieren.
- Upgrade to OTCQX Best Market provides enhanced trading visibility
- Access to Real-Time Level 2 quotes increases market transparency
- Potential for improved liquidity for 1,400 shareholders
- None.
NEW YORK, Feb. 14, 2025 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Lake Ridge Bancorp, Inc. (OTCQX: LRBI), the holding company for Lake Ridge Bank, has qualified to trade on the OTCQX® Best Market.
Lake Ridge Bancorp, Inc. begins trading today on OTCQX under the symbol “LRBI.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
Graduating to the OTCQX Market marks an important milestone for community banks in the U.S. public markets. The OTCQX Market enables banks to maximize the value of being a public company by providing transparent trading and easy access to company information for shareholders. To qualify for OTCQX, community banks must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.
“We are so pleased to transition our stock trading activity to the OTC Markets Group Inc. With approximately 1,400 shareholders, we believe this is an appropriate step in providing our owners greater liquidity options as we continue to focus on long term shareholder value,” says Jim Tubbs, CEO of Lake Ridge Bank.
About Lake Ridge Bancorp, Inc.
Lake Ridge Bancorp, Inc. is the parent company of Lake Ridge Bank, which offers a full range of business and personal financial services, including business, real estate, agricultural, and consumer lending; crop insurance; wealth management and financial advisory services. With roots dating back to 1897, the bank is headquartered in Monona, Wisconsin with operations throughout southern Wisconsin. Lake Ridge Bank has approximately
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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