trending Market Intelligence /marketintelligence/en/news-insights/trending/98DC9rYs1dCNtb1WP7cIcQ2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Community Shores Bank to delay 10-K filing because of rights offering

Banking Essentials Newsletter December Edition Part 2

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery


Community Shores Bank to delay 10-K filing because of rights offering

Muskegon, Mich.-based CommunityShores Bank Corp. is putting off the filing of its Form 10-K due todelays caused by the timing of the closing of the company's rights offering.

According to a March 30 notification of late filing, the companysaid that the offering is a significant subsequent event requiring additional disclosuresto its Form 10-K and further audit procedures to be performed by the company's auditors.

The company also stated that it will file its Form 10-K withinthe allowed extension period provided by the Securities Exchange Act.