Carver Bancorp Inc., the holding company for Carver Federal Savings Bank, has announced its voluntary decision to delist its common stock from the Nasdaq Stock Market and move to the OTCQX Market. The company cited the desire for greater flexibility to pursue growth initiatives, create an enduring brand, and reduce recurring operating expenses as reasons for the move. Carver Bancorp intends to file for removal from Nasdaq on or about November 28, 2025, with its last trading day on Nasdaq expected to be around December 5, 2025. The company expects its shares to begin trading on the OTCQX Market under the symbol "CARV" on or about December 8, 2025.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Carver Bancorp Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NY28165) on November 18, 2025, and is solely responsible for the information contained therein.