0001144204-18-030171.txt : 20180522 0001144204-18-030171.hdr.sgml : 20180522 20180522083851 ACCESSION NUMBER: 0001144204-18-030171 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20180521 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20180522 DATE AS OF CHANGE: 20180522 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Standard AVB Financial Corp. CENTRAL INDEX KEY: 0001492915 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 273100949 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34893 FILM NUMBER: 18851340 BUSINESS ADDRESS: STREET 1: 2640 MONROEVILLE BOULEVARD CITY: MONROEVILLE STATE: PA ZIP: 15146 BUSINESS PHONE: 412-856-0363 MAIL ADDRESS: STREET 1: 2640 MONROEVILLE BOULEVARD CITY: MONROEVILLE STATE: PA ZIP: 15146 FORMER COMPANY: FORMER CONFORMED NAME: Standard Financial Corp. DATE OF NAME CHANGE: 20100528 FORMER COMPANY: FORMER CONFORMED NAME: Standard Financial, Corp. DATE OF NAME CHANGE: 20100528 FORMER COMPANY: FORMER CONFORMED NAME: Standard Financial, Inc. DATE OF NAME CHANGE: 20100527 8-K 1 tv494759_8k.htm FORM 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

 

FORM 8-K

 

CURRENT REPORT

 

PURSUANT TO SECTION 13 OR 15(D) OF

THE SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): May 21, 2018

 

STANDARD AVB FINANCIAL CORP.

(Exact Name of Registrant as Specified in its Charter)

 

Maryland   333-215069   27-3100949

(State or Other Jurisdiction

of Incorporation)

  (Commission File No.)  

(I.R.S. Employer

Identification No.)

 

2640 Monroeville Boulevard, Monroeville, Pennsylvania   15146
(Address of Principal Executive Offices)   (Zip Code)

 

Registrant’s telephone number, including area code:              (412) 856-0363

 

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

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 8.01Other Events.

 

On May 21, 2018, Standard AVB Financial Corp. (the “Company”) issued a press release announcing that it has received approval from The Nasdaq Stock Market LLC to list its common stock for trading on the NASDAQ Capital Market. The Company's shares will trade under the symbol “STND” effective with the opening of the market on May 25, 2018. The quotation of the Company's common stock on the OTCQX market will cease effective with the beginning of trading on the Nasdaq Capital Market.

 

A copy of the press release is being filed herewith as Exhibit 99.1.

 

Item 9.01Financial Statements and Exhibits.

 

(a)Financial Statements of Businesses Acquired. Not applicable.

 

(b)Pro Forma Financial Information. Not applicable.

 

(c)Shell Company Transactions. Not applicable.

 

(d)Exhibits.

 

  Exhibit No.   Description
       
  99.1   Press Release dated May 21, 2018

 

 

 

 

 

SIGNATURES

 

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.

  

   

STANDARD AVB FINANCIAL CORP.

 

 

 
DATE: May 22, 2018 By: /s/ Timothy K. Zimmerman  
    Timothy K. Zimmerman  
    Chief Executive Officer  

 

 

 

 

 

 

EX-99.1 2 tv494759_ex99-1.htm EXHIBIT 99.1

Exhibit 99.1

 

 

For Immediate Release

 

Contact:

 

Timothy K. Zimmerman Andrew W. Hasley Susan A. Parente
Chief Executive Officer President EVP and Chief Financial Officer
(412) 856-0363 (412) 781-0320 (412) 856-0363

 

Standard AVB Financial Corp. Announces Listing on The NASDAQ Stock Market LLC

 

MONROEVILLE, PA, May 21, 2018 – Standard AVB Financial Corp. (the "Company"), announced today that it has received approval from The NASDAQ Stock Market LLC to list its common shares for trading on the Nasdaq Capital Market. The Company’s common stock will begin trading on the Nasdaq Capital Market under the symbol “STND” effective with the market opening on Friday, May 25, 2018. The Company is presently quoted on the OTCQX tier of the OTC Markets Group. Quotation of the Company’s common stock on OTCQX will cease effective with the beginning of trading on the Nasdaq Capital Market.

 

Timothy K. Zimmerman, Chief Executive Officer of the Company noted "We are excited by the many advantages to listing on Nasdaq, including the potential to broaden our shareholder base, the increased appeal of our Company stock to institutional investors, and improved liquidity. The Company has grown significantly as a result of the merger with Allegheny Valley and listing on Nasdaq is another important milestone."

 

About Standard AVB Financial Corp. and Standard Bank

 

Standard AVB Financial Corp., with total consolidated assets of $979.5 million at March 31, 2018, is the parent company of Standard Bank, a Pennsylvania chartered savings bank which operates 17 offices serving individuals and small to mid-sized businesses in Allegheny, Westmoreland, and Bedford Counties, in Pennsylvania and Allegany County in Maryland. Standard Bank is a member of the FDIC and an Equal Housing Lender. For more information about the company, please refer to its website, www.standardbankpa.com.

 

Special Note Concerning Forward-Looking Statements

 

This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally identifiable by the use of words such as “believe,” “expect,” “anticipate,” “plan,” “intend,” “estimate,” “may,” “will,” “would,” “could,” “should” or other similar expressions. All statements in this document, including forward-looking statements, speak only as of the date they are made, and we undertake no obligation to update any statement in light of new information or future events.

 

A number of factors, many of which are beyond our ability to control or predict, could cause actual results to differ materially from forward-looking statements. These factors include, among others, the following: national and regional economic conditions; legislative and regulatory changes; monetary and fiscal policies of the U.S. government, including policies of the U.S. Treasury and the Federal Reserve Board; changes in relevant accounting principles and guidelines; acquisitions and the integration of acquired businesses; credit risk management; asset/liability management; changes in the financial and securities markets, including changes with respect to the market value of our financial assets; the availability of and costs associated with sources of liquidity; and the ability of the Company to resolve or dispose of problem loans. These risks and uncertainties should be considered in evaluating forward-looking statements and undue reliance should not be placed on such statements.

 

 

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