Business Context and Reporting Period
Company: Nicolet Bankshares, Inc.
Filing Type: Form 8-K (Current Report)
Report Date: May 4, 2022 (Event Date); Signed May 9, 2022
Context: The Company announced a voluntary transfer of its common stock listing from The Nasdaq Stock Market LLC to the New York Stock Exchange (NYSE).
Key Financial Metrics
This filing is a current report regarding a corporate event and does not contain financial statements. Consequently, the filing text does not provide clear values for revenue, profit, cash flow, margins, debt, or liquidity.
Material Changes
- Listing Transfer: The Company notified Nasdaq of its intent to withdraw its listing and transfer to the NYSE.
- Trading Timeline: Trading on Nasdaq is expected to end at market close on May 23, 2022. Trading on the NYSE is expected to commence at market open on May 24, 2022.
- Symbol Change: The stock will trade under the new symbol "NIC" on the NYSE (previously "NCBS" on Nasdaq).
Guidance, Outlook, and Risks
Management Commentary: The transfer was authorized by the Board of Directors. A press release dated May 9, 2022, was issued under Regulation FD (Item 7.01) and is furnished as Exhibit 99.1.
Risks and Contingencies: The filing notes that the information in Item 7.01 and Exhibit 99.1 is not deemed "filed" for purposes of Section 18 of the Exchange Act and is not incorporated by reference into other filings unless expressly stated.
Investor Verification Checklist
- Verify the exact trading halt time on Nasdaq (May 23, 2022, market close) and the resumption time on NYSE (May 24, 2022, market open).
- Confirm the new ticker symbol "NIC" for future trading and research.
- Review the press release (Exhibit 99.1) for any additional strategic rationale not detailed in the 8-K summary.
- Check for any subsequent filings regarding the completion of the listing transfer.