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OTC Markets Group Welcomes QNB Corp. to OTCQX

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OTC Markets Group (OTCQX: OTCM) announced that QNB Corp. (OTCQX: QNBC) has qualified to trade on the OTCQX® Best Market, upgrading from the Pink® market on March 20, 2025. QNB Corp., the holding company for QNB Bank, will trade under the symbol 'QNBC'.

The OTCQX Market upgrade represents a significant milestone for community banks in U.S. public markets, offering transparent trading and improved shareholder access to company information. To achieve this qualification, QNB Corp. met strict financial standards, corporate governance requirements, and securities law compliance.

David W. Freeman, QNB Bank President and CEO, highlighted the company's approaching 150-year anniversary of community banking services in Pennsylvania, expressing confidence that this move to the national OTCQX trading platform will boost investor interest and shareholder value. Janney Montgomery served as the corporate broker for this transition.

OTC Markets Group (OTCQX: OTCM) ha annunciato che QNB Corp. (OTCQX: QNBC) ha ottenuto l'idoneità per negoziare sul mercato OTCQX® Best Market, passando dal mercato Pink® il 20 marzo 2025. QNB Corp., la holding per QNB Bank, negozierà con il simbolo 'QNBC'.

L'upgrade al mercato OTCQX rappresenta una pietra miliare significativa per le banche comunitarie nei mercati pubblici statunitensi, offrendo negoziazioni trasparenti e un miglior accesso degli azionisti alle informazioni aziendali. Per ottenere questa qualifica, QNB Corp. ha soddisfatto rigorosi standard finanziari, requisiti di governance aziendale e conformità alle leggi sui titoli.

David W. Freeman, Presidente e CEO di QNB Bank, ha evidenziato l'imminente anniversario di 150 anni dei servizi bancari comunitari in Pennsylvania, esprimendo fiducia che questo passaggio alla piattaforma di trading nazionale OTCQX aumenterà l'interesse degli investitori e il valore per gli azionisti. Janney Montgomery ha svolto il ruolo di broker aziendale per questa transizione.

OTC Markets Group (OTCQX: OTCM) anunció que QNB Corp. (OTCQX: QNBC) ha calificado para negociar en el mercado OTCQX® Best Market, ascendiendo desde el mercado Pink® el 20 de marzo de 2025. QNB Corp., la empresa matriz de QNB Bank, negociará bajo el símbolo 'QNBC'.

La mejora al mercado OTCQX representa un hito significativo para los bancos comunitarios en los mercados públicos de EE. UU., ofreciendo negociación transparente y un mejor acceso de los accionistas a la información de la empresa. Para lograr esta calificación, QNB Corp. cumplió con estrictos estándares financieros, requisitos de gobernanza corporativa y cumplimiento de las leyes de valores.

David W. Freeman, Presidente y CEO de QNB Bank, destacó el próximo aniversario de 150 años de servicios bancarios comunitarios en Pennsylvania, expresando confianza en que este movimiento hacia la plataforma de negociación nacional OTCQX aumentará el interés de los inversores y el valor para los accionistas. Janney Montgomery actuó como el corredor corporativo para esta transición.

OTC 마켓 그룹 (OTCQX: OTCM)는 QNB Corp. (OTCQX: QNBC)가 2025년 3월 20일 핑크(Pink®) 시장에서 OTCQX® 베스트 마켓으로 승격되었다고 발표했습니다. QNB Corp.는 QNB Bank의 지주 회사로, 'QNBC'라는 기호로 거래될 것입니다.

OTCQX 마켓으로의 승격은 미국 공공 시장에서 지역 은행들에게 중요한 이정표를 나타내며, 투명한 거래와 주주들이 회사 정보에 접근할 수 있는 개선된 기회를 제공합니다. QNB Corp.는 이 자격을 얻기 위해 엄격한 재무 기준, 기업 거버넌스 요건 및 증권법 준수를 충족했습니다.

QNB Bank의 사장 겸 CEO인 David W. Freeman은 펜실베니아에서의 지역 은행 서비스 150주년을 앞두고 이 회사의 OTCQX 거래 플랫폼으로의 전환이 투자자 관심과 주주 가치를 높일 것이라는 확신을 표명했습니다. Janney Montgomery는 이 전환을 위한 기업 중개인 역할을 했습니다.

OTC Markets Group (OTCQX: OTCM) a annoncé que QNB Corp. (OTCQX: QNBC) a obtenu l'aptitude à négocier sur le marché OTCQX® Best Market, passant du marché Pink® le 20 mars 2025. QNB Corp., la société mère de QNB Bank, négociera sous le symbole 'QNBC'.

La montée au marché OTCQX représente une étape importante pour les banques communautaires sur les marchés publics américains, offrant un trading transparent et un meilleur accès des actionnaires aux informations de l'entreprise. Pour obtenir cette qualification, QNB Corp. a respecté des normes financières strictes, des exigences en matière de gouvernance d'entreprise et de conformité aux lois sur les valeurs mobilières.

David W. Freeman, Président et CEO de QNB Bank, a souligné l'anniversaire imminent de 150 ans des services bancaires communautaires en Pennsylvanie, exprimant sa confiance que ce passage à la plateforme de trading nationale OTCQX augmentera l'intérêt des investisseurs et la valeur pour les actionnaires. Janney Montgomery a agi en tant que courtier d'entreprise pour cette transition.

OTC Markets Group (OTCQX: OTCM) gab bekannt, dass QNB Corp. (OTCQX: QNBC) die Berechtigung für den Handel am OTCQX® Best Market erlangt hat und am 20. März 2025 vom Pink®-Markt aufsteigt. QNB Corp., die Holdinggesellschaft für die QNB Bank, wird unter dem Symbol 'QNBC' handeln.

Das Upgrade zum OTCQX-Markt stellt einen bedeutenden Meilenstein für Gemeinschaftsbanken auf den US-amerikanischen öffentlichen Märkten dar und bietet transparente Handelsmöglichkeiten sowie verbesserten Zugang der Aktionäre zu Unternehmensinformationen. Um diese Qualifikation zu erreichen, erfüllte QNB Corp. strenge finanzielle Standards, Anforderungen an die Unternehmensführung und die Einhaltung von Wertpapiergesetzen.

David W. Freeman, Präsident und CEO der QNB Bank, hob das bevorstehende 150-jährige Jubiläum der Gemeinschaftsbankdienstleistungen in Pennsylvania hervor und äußerte die Zuversicht, dass dieser Schritt zur nationalen OTCQX-Handelsplattform das Investoreninteresse und den Aktionärswert steigern wird. Janney Montgomery fungierte als Unternehmensmakler für diesen Übergang.

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NEW YORK, March 20, 2025 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced QNB Corp. (OTCQX: QNBC), the holding company for QNB Bank, has qualified to trade on the OTCQX® Best Market. QNB Corp. upgraded to OTCQX from the Pink® market.

QNB Corp. begins trading today on OTCQX under the symbol “QNBC.” 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.

David W. Freeman, QNB Corp. Officer, and QNB Bank President and CEO, stated, “As we approach our 150-year anniversary of providing exceptional Community Banking services in Pennsylvania, QNB Corp. is pleased to bring our incredible story to the national OTCQX trading stage. We are confident this move will assist in generating broad investor interest and enhance value for all shareholders.”

Janney Montgomery acted as the company’s corporate broker.

About QNB Corp.
QNB Corp. is the holding company for QNB Bank, which is headquartered in Quakertown, Pennsylvania. QNB Bank currently operates twelve branches in Bucks, Montgomery and Lehigh Counties and offers commercial and retail banking services in the communities it serves.

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

What are the benefits of QNB Corp's upgrade to OTCQX Best Market?

The upgrade provides transparent trading, easier access to company information for shareholders, and potential for broader investor interest and enhanced shareholder value.

When did QNB Corp (QNBC) begin trading on OTCQX?

QNB Corp began trading on the OTCQX Best Market on March 20, 2025, upgrading from the Pink market.

What requirements did QNB Corp meet to qualify for OTCQX trading?

QNB Corp met high financial standards, followed best practice corporate governance, and demonstrated compliance with applicable securities laws.

How many securities does OTC Markets Group (OTCM) operate markets for?

OTC Markets Group operates regulated markets for trading 12,000 U.S. and international securities.

Which firm acted as QNB Corp's corporate broker for the OTCQX upgrade?

Janney Montgomery acted as QNB Corp's corporate broker for the OTCQX upgrade.
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