Tectonic Financial will redeem $17.25M in preferred shares, delist from Nasdaq, and end public reporting by May 2026.

Tectonic Financial, Inc. plans to redeem all 1.725 million shares of its Series B preferred stock at $10 per share plus unpaid dividends, totaling $17.25 million, on February 17, 2026, contingent on funding. The company will delist the stock from Nasdaq and deregister with the SEC by filing Form 15, ending its public reporting obligations by May 28, 2026. The move aims to reduce compliance and legal costs. Its banking subsidiary, T Bank, N.A., will continue quarterly reporting to regulators, with results publicly available.