Paragon Commercial Corporation, the holding company for Paragon Bank serving Raleigh, Cary and Charlotte, NC, has qualified to trade on the OTC Markets Group’s Best Marketplace (OTCQX) under the symbol PBNC.
"We are proud to welcome Paragon Commercial to the family of investor-friendly community banks on OTCQX," says R Cromwell Coulson, President and CEO of OTC Markets Group. "Trading on OTCQX will expose Paragon Commercial to more investors while enabling the company to convey its reputation through transparent trading and convenient access to its news and financial disclosure. We look forward to working with Paragon as it continues to grow and enhance long-term value for its shareholders."
Robert C Hatley, President and CEO of Paragon Bank, says: ”Paragon Bank is pleased to be part of the OTCQX marketplace. This opportunity will allow us a broader market with whom we can share our unique banking model and assist us in growing liquidity for our shareholders.”