Generations Bancorp NY Reports Voluntary Decision To Delist Its Common Stock From Nasdaq
Portfolio Pulse from Benzinga Newsdesk
Generations Bancorp NY has announced its voluntary decision to delist its common stock from Nasdaq. The company expects its stock to be quoted on the OTCQX Market starting October 7, 2024, retaining the symbol 'GBNY'.
September 24, 2024 | 9:31 am
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Generations Bancorp NY is voluntarily delisting from Nasdaq and will move to the OTCQX Market on October 7, 2024, retaining its symbol 'GBNY'.
The decision to delist from Nasdaq and move to the OTCQX Market may lead to reduced liquidity and visibility for GBNY, potentially impacting its stock price negatively in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100