Business Context and Reporting Period
This Form 8-K filing by Associated Banc-Corp (Wisconsin) covers the reporting period of December 8, 2014. The filing addresses a corporate governance action regarding the listing status of the Company's securities.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on a listing transfer event and does not contain financial performance data.
Material Changes
The Board of Directors authorized the transfer of the Company's Common Stock and Warrants from the NASDAQ Global Select Market to the New York Stock Exchange (NYSE) and NYSE MKT, respectively. The Company notified NASDAQ of this intention on December 10, 2014.
Outlook and Management Commentary
- Trading Transition: Common Stock and Warrants are expected to trade on NASDAQ until market close on December 22, 2014.
- New Listing Date: Trading on the NYSE and NYSE MKT is scheduled to commence on December 23, 2014.
- Trading Symbols: Common Stock will trade under the symbol ASB; Warrants will trade under the symbol ASB WS.
- Warrant Expiration: The Warrants are set to expire on November 21, 2018.
Investor Verification Checklist
- Confirm the cessation of NASDAQ trading on December 22, 2014.
- Verify the commencement of NYSE/NYSE MKT trading on December 23, 2014.
- Ensure trading systems are updated to reflect the new ticker symbols (ASB and ASB WS).
- Review the attached press release (Exhibit 99.1) for additional details on the transfer rationale.