Carver Bancorp shares fall 27.24% after-hours after announcing Nasdaq delisting and OTCQX transition.

Carver Bancorp fell 27.24% in after-hours trading following its announcement to voluntarily delist from Nasdaq, deregister from the SEC, and transition to the OTCQX Market. The move, effective December 5, 2025, aims to reduce recurring expenses and enhance strategic flexibility but is likely perceived as a negative signal by investors due to reduced liquidity and institutional access. While the company emphasized continued financial transparency, the shift to a less liquid market and the termination of SEC reporting obligations align with bearish market sentiment, particularly for a stock historically traded on a major exchange. The delisting decision, coupled with the OTCQX’s lower visibility compared to Nasdaq, directly correlates with the sharp after-hours decline.