MCLEAN, Va., August 12 — Trustar Bankshares, Inc. (the “Company”), the bank holding company for Trustar Bank, a leading community bank serving the Washington metropolitan area, today announced that its common stock has qualified to trade on the OTCQX Best Market. The Company begins trading on the OTCQX market under the symbol “TRSB.”
Trading on the OTCQX marks a key milestone for the Company. The OTCQX Best Market is designed for established, investor-focused companies and supports transparent trading and access to current company information for shareholders and prospective investors. To qualify for OTCQX, community banks and bank holding companies generally must meet financial standards, follow best-practice corporate governance, and demonstrate compliance with applicable securities laws. Investors can find current financial disclosure and market information for the Company at OTC Markets’ public company profile for “TRSB.”
“Trading on the OTCQX Best Market represents an important step in our long-term shareholder strategy,” said Shaza Andersen, Chief Executive Officer of the Company. “We believe trading on OTCQX will enhance visibility for our shareholders, broaden our investor audience, and deliver an efficient trading experience for our shareholders.”
The Company expects that Raymond James and Associates and Brean Capital, LLC will serve as market makers for the Company’s common stock on the OTCQX Best Market.