NASB Financial shares will drop off Nasdaq

08/29/2014 11:37 AM

08/29/2014 3:25 PM

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.

| Mark Davis, mdavis@kcstar.com

Videos

Join the Discussion

The Kansas City Star is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere on the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.

Terms of Service