MetroCity Bankshares, Inc. Files Form 144 with SEC
MetroCity Bankshares, Inc. recently filed a Form 144 with the Securities and Exchange Commission (SEC), indicating that certain shareholders, affiliates, or insiders of the company may be planning to sell shares. Form 144 is required to be filed with the SEC when insiders of a company plan to sell their shares, typically if the amount being sold exceeds a certain threshold within a specific period. This filing provides transparency to investors and helps prevent insider trading.
MetroCity Bankshares, Inc. is a company that operates as a bank holding company for its subsidiary, Metro City Bank, which offers a range of banking products and services. With a focus on serving the Korean-American community, Metro City Bank provides various financial solutions such as personal and business banking, loans, and online banking services. Investors and stakeholders can find more information about MetroCity Bankshares, Inc. on their official website.
Overall, the filing of Form 144 by MetroCity Bankshares, Inc. signifies potential upcoming sales of shares by insiders of the company. This information can be crucial for investors to track as it may impact the company’s stock price and overall market sentiment. Investors are advised to stay informed about such filings and consider the implications before making any investment decisions.
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MetroCity Bankshares, Inc. Files SEC Form 144, Revealing Significant Financial Update