OTC Markets Group Welcomes Coastal Carolina Bancshares to OTCQX
Staff Report From South Carolina CEO
Friday, July 20th, 2018
OTC Markets Group Inc., operator of financial markets for 10,000 U.S. and global securities, announced Coastal Carolina Bancshares, the holding company for Coastal Carolina National Bank headquartered in South Carolina, has qualified to trade on the OTCQX Best Market. Coastal Carolina Bancshares upgraded to OTCQX from the Pink market.
"As an OTCQX company, Coastal Carolina Bancshares will trade alongside investor-focused community banks that are committed to providing investors with transparent trading," said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. "We look forward to supporting Coastal Carolina Bancshares in its continued growth and are pleased to welcome them to the OTCQX Best Market."
"Coastal Carolina Bancshares, Inc. is proud to become a part of the OTCQX market," said Laurence S. Bolchoz, Jr., President and CEO of Coastal Carolina National Bank. "We believe this upgrade will enhance our visibility to investors who are interested in growing community banks, provide greater liquidity to our current shareholders and provide a premium avenue to tell the CCNB story to the market."
Coastal Carolina Bancshares was sponsored for OTCQX by FIG Partners LLC, an employee-owned broker/dealer specializing in financial institutions.