NASB Financial Inc., which owns North American Savings Bank, plans to remove its shares from Nasdaq after the close of trading Sept. 18.
The Grandview-based company also will stop filing financial and other reports with the Securities and Exchange Commission. Cost savings from ending the public company filing requirements figured into the decision.
NASB said it no longer is required to publicly register its shares because it has fewer than 300 stockholders. Its stock will continue to trade in the over the counter market.
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