OTC Markets Group Welcomes Citizens Holding Co. to OTCQX
December 15 2023 - 7:00AM
OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets
for 12,000 U.S. and international securities, today announced
Citizens Holding Co. (OTCQX: CIZN), a one-bank holding company and
the parent of The Citizens Bank of Philadelphia, has qualified to
trade on the OTCQX® Best Market. Citizens Holding Co. previously
traded on NASDAQ.
Citizens Holding Co. begins trading today on OTCQX under the
symbol “CIZN.” U.S. investors can find current financial disclosure
and Real-Time Level 2 quotes for the company on
www.otcmarkets.com.
The OTCQX Market enables U.S. regional and community banks to
lower the cost and complexity of being a public company. Through
streamlined market standards tailored for banks, OTCQX provides
transparent trading, visibility 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.
"This strategic decision reflects our commitment to streamline
our operations and focus on our core business of serving our
customers," said Stacy Brantley, Chief Executive Officer of
Citizens Holding Company. "We believe that the OTCQX Market
provides a more efficient and cost-effective platform for our
company, and we are confident that this move will benefit our
shareholders and employees in the long run."
Keefe Bruyette & Woods, Inc. acted as the company’s OTCQX
sponsor.
About Citizens Holding Co.Citizens Holding
Company is a one-bank holding company and the parent company of the
Bank, both headquartered in Philadelphia, Mississippi. The Bank
currently has twenty-six banking locations in fourteen counties
throughout the state of Mississippi. In addition to full service
commercial banking, the Company offers mortgage loans, title
insurance services through third party partnerships and a full
range of Internet banking services including online banking, bill
pay and cash management services for businesses.
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
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