LA JOLLA, Calif., July 29, 2026 (GLOBE NEWSWIRE) -- Private Bancorp of America, Inc. (NASDAQ: PBAM), (the 'Company”), the holding company for CalPrivate Bank (the 'Bank”), announced today that its Registration Statement on Form 10 has been declared effective by the U.S. Securities and Exchange Commission (the 'SEC”) and the Nasdaq Stock Market LLC ('NASDAQ”) has approved the listing of its common stock on the Nasdaq Global Select Market. After more than 13 years trading on the OTCQX market, the Company’s common stock is expected to commence trading on the NASDAQ Global Select Market at the opening of the market on July 30, 2026 under the Company’s current ticker symbol 'PBAM.” Shareholders are not required to take any action as a result of the uplisting.