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OTC Markets Group Welcomes Coastal Carolina Bancshares to OTCQX

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OTC Markets Group Welcomes Coastal Carolina Bancshares to OTCQX

PR Newswire

NEW YORK, July 18, 2018 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX:OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced Coastal Carolina Bancshares (OTCQX:CCNB), 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.

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

"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. 

About Coastal Carolina Bancshares 

Coastal Carolina Bancshares, Inc. is the holding company for Coastal Carolina National Bank, which opened June 8, 2009. CCNB is a state-wide bank with seven full service offices serving Horry, Georgetown, Aiken, Richland, Lexington and Greenville counties in South Carolina.

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

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

OTC Markets Group logo. (PRNewsFoto/OTC Markets Group)

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SOURCE OTC Markets Group Inc.

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