UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM
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CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging Growth Company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01. | Other Events. |
On July 1, 2022, Salisbury Bancorp, Inc. (“Salisbury”) issued a press release announcing completion of its previously announced two-for-one forward stock split (the “Stock Split”) of the shares of Salisbury’s Common Stock in the form of a stock dividend payable on June 30, 2022 to shareholders of record as of June 1, 2022. The two-for-one forward split of the shares of Salisbury’s Common Stock results in every one (1) share of Salisbury Common Stock being converted into two (2) shares of Salisbury’s Common Stock. The stock split will not have any impact on the voting and other rights of shareholders and will have no impact on Salisbury’s business operations. Shareholders do not need to take any action as a result of the stock split.
A copy of the press release announcing completion of the Stock Split is attached as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01. | Financial Statements and Exhibits. |
(a) Not Applicable.
(b) Not Applicable.
(c) Not Applicable.
(d) Exhibits.
Exhibit Number |
Description | |||||||
99.1 | Press Release, dated July 1, 2022, issued by Salisbury Bancorp, Inc. |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.
Salisbury Bancorp, Inc. | ||
Date: July 1, 2022
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By: | /s/ Richard J. Cantele, Jr. Richard J. Cantele, Jr. President and Chief Executive Officer |