OTC Markets Group Welcomes Mid-Southern Bancorp, Inc. to OTCQX
15 August 2023 - 1:00PM
OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets
for trading 12,000 U.S. and international securities, today
announced Mid-Southern Bancorp, Inc. (OTCQX: MSVB), the savings and
loan holding company of Mid-Southern Savings Bank, has qualified to
trade on the OTCQX® Best Market. Mid-Southern Bancorp, Inc.
previously traded on NASDAQ.
Mid-Southern Bancorp, Inc. begins trading today on OTCQX under
the symbol “MSVB.” U.S. investors can find current financial
disclosure and Real-Time Level 2 quotes for the company on
www.otcmarkets.com.
Trading on the OTCQX Market offers companies efficient,
cost-effective access to the U.S. capital markets. Streamlined
market requirements for OTCQX are designed to help companies lower
the cost and complexity of being publicly traded, while providing
transparent trading for their investors. To qualify for OTCQX,
companies must meet high financial standards, follow best practice
corporate governance, and demonstrate compliance with applicable
securities laws.
Keefe Bruyette & Woods, Inc. acted as the company’s OTCQX
sponsor.
About Mid-Southern Bancorp, Inc.Mid-Southern
Bancorp, Inc., an Indiana corporation, is the savings and loan
holding company of Mid-Southern Savings Bank, FSB (the "Bank" or
"Mid-Southern Savings Bank"). On July 11, 2018, Mid-Southern
Bancorp, Inc. completed a public offering and share exchange as
part of the Bank's "second step" conversion from the mutual holding
company structure and the elimination of Mid-Southern, M.H.C. (the
"Conversion"). Upon consummation of the Conversion, the Company
became the holding company for the Bank and now owns all of the
issued and outstanding shares of the Bank's common stock. Our
business activities are primarily conducted through Mid-Southern
Savings Bank, a federally chartered savings bank headquartered in
Salem, Indiana, which is located in Southern Indiana approximately
40 miles northwest of Louisville, Kentucky. Mid-Southern Savings
Bank conducts business from its main office in Salem and through
its branch offices located in Mitchell and Orleans, Indiana and
loan production offices located in New Albany, Indiana and
Louisville, Kentucky. Mid-Southern Savings Bank's market area
includes the Louisville-Jefferson County Metropolitan Statistical
Area ("MSA" consisting of Clark, Floyd, Harrison, and Washington
counties in Indiana and Bullitt, Henry, Jefferson, Meade, Nelson,
Oldham, Shelby, Spencer and Trimble counties in Kentucky) plus
Lawrence and Orange counties in Indiana, and, to a lesser extent,
contiguous counties.
About OTC Markets Group Inc.OTC Markets Group
Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000
U.S. and international securities. Our data-driven disclosure
standards form the foundation of our three public markets: OTCQX®
Best Market, OTCQB® Venture Market and Pink® Open Market.
Our OTC Link® Alternative Trading Systems (ATSs) provide
critical market infrastructure that broker-dealers rely on to
facilitate trading. Our innovative model offers companies more
efficient access to the U.S. financial markets.
OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC
regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered
broker-dealer, member SIPC.
To learn more about how we create better informed and more
efficient markets, visit www.otcmarkets.com.
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Media Contact:OTC Markets Group Inc., +1 (212)
896-4428, media@otcmarkets.com
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