OTC Markets Group Inc. (OTCQX:OTCM) has announced that Lake Ridge Bancorp, the holding company for Lake Ridge Bank, has qualified to trade on the OTCQX Best Market.
The company commences trading on the OTCQX on Friday under the ticker symbol “LRBI.”
“With approximately 1,400 shareholders, we believe this is an appropriate step in providing our owners greater liquidity options as we continue to focus on long-term shareholder value,” Lake Ridge Bank CEO Jim Tubbs said.