NEW YORK, Sept. 11, 2018–(PRNewswire)–OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced CNB Bank Shares, Inc. (OTCQX: CNBN), a full-service bank with customers throughout south-central Illinois, suburban southwestern Chicago and the St. Louis metropolitan area has qualified to trade on the OTCQX® Best Market. CNB Bank Shares was previously privately-held.
CNB Bank Shares begins trading today on OTCQX under the symbol “CNBN.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
“CNB Bank Shares joins more than 80 community and regional banks that choose to trade on our OTCQX Best Market,” said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. “OTCQX offers banks a transparent public market alternative to a U.S. stock exchange listing, creating efficiencies for management teams by reducing costs and duplicative compliance requirements. We look forward to supporting the company as it builds long-term shareholder value.”
“We are excited to make the transition to OTCQX. The additional liquidity and visibility should be a significant benefit to our shareholders,” said Jim Ashworth, president of CNB Bank Shares, Inc.