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Southpoint Bancshares upgrades to OTCQX Best Market

OTC Markets Group Inc. (OTCQX:OTCM) said that Southpoint Bancshares Inc. (OTCQX: SOUB) has upgraded to the OTCQX Best Market from the Pink market, marking a key step in expanding its investor visibility and governance standards.

"Graduating to the OTCQX Best Market marks a significant milestone for SouthPoint Bank and reflects our unwavering commitment to transparency, sound governance, and long-term value creation ” said CEO Steve Smith.

The Alabama-based bank begins trading today under the symbol “SOUB.”