7 Issuers Uplisted From The OTC in May
Seven issuers graduated from the OTC Markets to senior exchanges in May. Three joined the NASDAQ while two joined the NYSE Mkt and two joined the NYSE.
Guaranty Bancshares, Inc. (NASDAQ: GNTY)
Guaranty Bancshares, Inc. (NASDAQ: GNTY) left the OTCPINK for the NASDAQ Global Select Market on May 9, 2017.
Guaranty is a bank holding company that conducts banking activities through its wholly-owned subsidiary, Guaranty Bank & Trust, N.A. As one of the oldest regional community banks in Texas, Guaranty Bank & Trust provides its customers with a full array of relationship-driven commercial and consumer banking products and services, as well as mortgage, trust, and wealth management products and services that are tailored to meet the needs of small and medium-sized businesses, professionals, and individuals.
In connection with the uplisting, GNTY completed a public offering of 2,000,000 shares of its common stock at $27.00 per share. Sandler O’Neill + Partners, L.P. served as sole book-running manager for the offering, and Stephens Inc. served as co-manager
Farmers & Merchants Bancorp Inc. (NASDAQ: FMAO)
Farmers & Merchants Bancorp Inc. (NASDAQ: FMAO) left the OTCQX for the NASDAQ Capital Market on May 10, 2017.
The Farmers & Merchants State Bank is a local independent community bank that has been serving Northwest Ohio and Northeast Indiana since 1897. The Farmers & Merchants State Bank provides commercial banking, retail banking and other financial services through its 24 offices.
Silvercorp Metals Inc. (NYSE Mkt: SVM)
Silvercorp Metals Inc. (NYSE Mkt: SVM) left the OTCPINK for the NYSE Mkt on May 15, 2017.
Silvercorp is a low-cost silver-producing Canadian mining company with multiple mines in China. The Company’s vision is to deliver shareholder value by focusing on the acquisition of under developed projects with resource potential and the ability to grow organically.
Nexgen Energy Ltd. (NYSE Mkt: NXE)
Nexgen Energy Ltd. (NYSE Mkt: NXE) left the OTCQX for the NYSE Mkt on May 17, 2017.
NexGen is a British Columbia corporation with a focus on the acquisition, exploration and development of Canadian uranium projects. NexGen has a highly experienced team of uranium industry professionals with a successful track record in the discovery of uranium deposits and in developing projects through discovery to production.
Celsius Holdings, Inc. (NASDAQ: CELH)
Celsius Holdings, Inc. (NASDAQ: CELH) left the OTCQX for the NASDAQ Capital Market on May 24, 2017.
Founded in April, 2004, Celsius is a global company, with a proprietary, clinically proven formula for flagship brand CELSIUS®. CELSIUS®’ original line comes in seven delicious sparkling and non-carbonated flavors, and in multi-count powder packets.
SilverBow Resources, Inc. (NYSE: SBOW)
SilverBow Resources, Inc. (NYSE: SBOW) left the OTCQX for the NYSE on May 5, 2017.
Swift Energy Company, founded in 1979 and headquartered in Houston, engages in developing, exploring, acquiring and operating oil and gas properties in the Eagle Ford trend of South Texas.
Vistra Energy Corp. (NYSE: VST)
Vistra Energy Corp. (NYSE: VST) left the OTCQX for the NYSE on May 10, 2017.
Vistra Energy is a premier Texas-based energy company focused on the competitive energy and power generation markets through operation as the largest retailer of electricity and generator in the growing Texas market. Our integrated portfolio of competitive businesses consists primarily of TXU Energy and Luminant. TXU Energy sells retail electricity and value-added services (primarily through our market-leading TXU Energy™ brand) to approximately 1.7 million residential and business customers in Texas.