Isabella Bank Corporation announced that its common stock will be listed for trading on The Nasdaq Capital Market under its current symbol, 'ISBA,' beginning Monday, May 12, 2025. The company's common stock will continue to be quoted on the OTCQX under the same symbol through May 9, 2025. This marks a significant strategic milestone for the company.
Jerome Schwind, Chief Executive Officer, stated that the Nasdaq listing is expected to make the company's stock more liquid and easier for shareholders to buy and sell. It is also anticipated to increase the stock's visibility to potential investors, broadening its appeal in the capital markets. This move aligns with the company's efforts to build its franchise value.
Sarah Opperman, the company's Board Chair, added that the Nasdaq listing is a natural progression as Isabella Bank Corporation continues to grow. The company aims to build long-term value for its shareholders through this enhanced market presence. Nasdaq is recognized as the world's largest electronic stock market, listing approximately 3,300 public companies.
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