Anchor BanCorp Wisconsin Stock to Begin Trading on OTCQB Market
Anchor BanCorp Wisconsin Inc. (Nasdaq: ABCW) ( today announced that the Company's common stock will cease trading on The Nasdaq Global Select Market effective with the open of business on November 21, 2011. The Company expects its common stock to begin trading under the "ABCW" symbol on the OTCQB Marketplace following the cessation of trading on the NASDAQ Stock Market.
As previously disclosed, on November 10, 2011, the Company was notified by NASDAQ that its common stock was subject to delisting based upon the Company's failure to satisfy NASDAQ's minimum $1.00 bid price requirement, as set forth in Listing Rule 5550(a)(2).
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