Shareholders Demand Carver Bancorp Call Special Meeting on Delisting Plan

Reuters11-26

Shareholders Demand Carver Bancorp Call Special Meeting on Delisting Plan

A major shareholder group, Dream Chasers, is urging Carver Bancorp Inc.'s board to call a special meeting of shareholders to address the company's planned delisting from the NASDAQ. The group argues that the board, which collectively owns less than 2% of the company's shares, is attempting to make a significant decision without a shareholder vote, potentially disenfranchising the majority ownership held by retail investors. Dream Chasers contends that the delisting announcement has already resulted in substantial market losses for shareholders and emphasizes the need for greater transparency and shareholder representation in the decision-making process.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Carver Bancorp Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1111988) on November 25, 2025, and is solely responsible for the information contained therein.

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