Fortifi Bank Begins Trading Public Shares on OTCQX
NEW YORK – September 2, 2022 – OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced First Berlin Bancorp (OTCQX: FTFI), the Bank Holding Company of Fortifi Bank headquartered in Berlin, Wisconsin, has gone public on the OTCQX® Best Market.
First Berlin Bancorp begins trading today on OTCQX under the symbol “FTFI.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
The OTCQX Market serves as a more efficient and cost-effective public market for U.S. regional and community banks through standards tailored for bank reporting. By providing price transparency and broader information distribution, OTCQX enables banks to maximize the value of being a public company. To qualify for OTCQX, community banks must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.
“We are pleased to be joining the OTCQX Market and look forward to the benefits this transition provides to our shareholders. First Berlin Bancorp, Inc. shares will have increased visibility, transparency, and liquidity, which is consistent with our focus to create long-term value for our shareholders,” stated Fortifi Bank President and CEO Greg Lundberg.
D.A. Davidson & Co. is acting as the market maker for FTFI. D.A. Davidson & Co. is available to assist with inquiries on share ownership, transfers, and other activity. The robust services provided by D.A. Davidson & Co. will support growth by increasing the visibility and marketability of First Berlin Bancorp, Inc. shares. Key contact information for D.A. Davidson & Co.:
|Mail:||D.A. Davidson & Co.
Attn: Mike Acampora
121 W Forsyth Street
Jacksonville, FL 32202
This press release shall not constitute an offer to sell nor the solicitation of an offer to buy, nor shall there be any sale of the common stock, in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. The common stock will not be insured by the Federal Deposit Insurance Corporation or any other governmental agency.
About Fortifi Bank
First Berlin Bancorp, Inc is the Bank Holding Company of Fortifi Bank. Fortifi Bank has been Growin’ Wisconsin for more than 145 years – one person, one business, one relationship at a time. Financial centers can be found in Berlin, Green Lake, Green Bay, Montello, Ripon, Omro, Oshkosh, Waunakee, and Winneconne. Their full-service financial centers have been offering both personal and business clients with a portfolio of products and services that are designed with the client in mind. Local decision-making, community involvement, community ownership and a Board of Directors comprised of local citizens have been the driving successes of Fortifi Bank since inception. For more information, visit www.fortifibank.com or call 855-876-1500.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX® Best Market, OTCQB® Venture Market and Pink® Open Market.
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