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OTC Markets Group Welcomes Liberty Bancshares Inc. to OTCQX

OTCM

PR Newswire

NEW YORK, Feb. 5, 2019 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Liberty Bancshares Inc. (OTCQX: LBSI), the holding company for Ada, OH based Liberty National Bank, has qualified to trade on the OTCQX® Best Market.  Liberty Bancshares was previously privately-held. 

Liberty Bancshares begins trading today on OTCQX under the symbol "LBSI."  U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

"As the first community bank to go public on our OTCQX Best Market in 2019, we are pleased to welcome Liberty Bancshares Inc.," said Jason Paltrowitz, Director of OTC Markets Group International Ltd. and EVP of Corporate Services at OTC Markets Group. "Recently completing a capital raise of $13 million, trading on the OTCQX Best Market will provide Liberty Bancshares' new and existing shareholders with a public market for efficient trading and price transparency."

"We are pleased to partner with OTCQX to help tell our story and provide current and prospective shareholders with an efficient market platform for trading and liquidity." commented LBSI President and CEO Ronald L. Zimmerly, Jr. "The increased market transparency and improved liquidity of the OTCQX Best Market combined with our recent successful capital raise affirms the commitment of our Board and Management team to increase franchise value for our shareholders."

Liberty Bancshares was sponsored for OTCQX by Hovde Group LLC, a qualified third-party firm responsible for providing guidance on OTCQX requirements and recommending membership. 

Liberty Bancshares, Inc. is the holding company for Liberty National Bank, a $339 million in asset bank headquartered in Ada, OH that delivers a full array of banking and financial services through six branch locations in the communities of Ada, Bellefontaine, Kenton, Marysville, and Westerville, OH.

About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market and the Pink® Open Market for 10,000 U.S. and global securities.  Through OTC Link® ATS and OTC Link ECN, we connect a diverse network of broker-dealers that provide liquidity and execution services.  We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.

To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

OTC Link ATS and OTC Link ECN are SEC regulated ATSs, operated by OTC Link LLC, member FINRA/SIPC.

Subscribe to the OTC Markets RSS Feed

Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com 

 

Cision View original content:http://www.prnewswire.com/news-releases/otc-markets-group-welcomes-liberty-bancshares-inc-to-otcqx-300789494.html

SOURCE OTC Markets Group Inc.



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