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): July 10, 2018
EQUITABLE FINANCIAL CORP.
(Exact name of Registrant as specified in its charter)
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Maryland |
001-37489 |
32-0467709 |
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(State or other jurisdiction |
(Commission |
(I.R.S. Employer |
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of incorporation) |
File No.) |
Identification No.) |
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113 North Locust Street |
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Grand Island, Nebraska |
68801 |
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(Address of principal executive offices) |
(Zip Code) |
Registrant’s telephone number, including area code: (308) 382-3136
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 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
On July 10, 2018, the Board of Directors of Equitable Financial Corp. (the “Company”), the parent holding company of Equitable Bank, a Nebraska-based community bank headquartered in Grand Island, Nebraska, announced that it had notified The Nasdaq Stock Market of its intent to delist its common stock from the Nasdaq Capital Market on or about July 20, 2018.
A copy of the press release dated July 10, 2018 giving details associated with the voluntary delisting is attached as Exhibit 99 to this report
Item 9.01 Financial Statements and Exhibits.
(b) Not applicable.
(c) Not applicable.
(d) Exhibits
Exhibit 99 Press Release dated July 10, 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.
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EQUITABLE FINANCIAL CORP. |
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By: |
/s/ Thomas E. Gdowski |
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Thomas E. Gdowski |
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President and CEO |
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Dated: July 10, 2018 |
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EXHIBIT 99
PRESS RELEASE
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FOR IMMEDIATE RELEASE |
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Contact: |
Thomas Gdowski |
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President and Chief Executive Officer |
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(308) 382‑3136 |
Equitable Financial Corp. Announces
Voluntary Delisting from The Nasdaq Stock Market
Grand Island, Nebraska, July 10, 2018. Equitable Financial Corp. (the “Company”) (Nasdaq: EQFN), the holding company of Equitable Bank (the “Bank”), a Nebraska-based community bank headquartered in Grand Island, Nebraska, today announced that it has notified The Nasdaq Stock Market of its intent to voluntarily delist its common stock from the Nasdaq Capital Market and to file a Form 25, Notification of Removal from Listing and/or Registration Under Section 12(b) of the Securities Exchange Act of 1934, with the Securities and Exchange Commission on or about July 20, 2018. The Company is delisting its shares in order to eliminate the administrative and annual fees associated with being listed on Nasdaq.
The Company anticipates that its shares will be quoted on the OTC Pink Marketplace following its delisting. The Company intends to request to retain the trading symbol “EQFN.”
Forward-Looking Statements
When used in this Press Release, the words or phrases “will likely result,” “are expected to,” “will continue,” “is anticipated,” “estimate,” “project,” or similar expressions are intended to identify “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are subject to certain risks and uncertainties including, but not limited to, changes in economic conditions in the Company’s market area, changes in policies by regulatory agencies, fluctuations in interest rates, demand for loans in the Bank’s market area, competition that could cause actual results to differ materially from historical earnings and those presently anticipated or projected, and other risks described in the Company’s filings with the Securities and Exchange Commission. The Company cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. The Company advises readers that the factors listed above could affect the Company’s financial performance and could cause the Company’s actual results for future periods to differ materially from any opinions or statements expressed with respect to future periods in any current statements. The Company does not undertake, and specifically disclaims any obligation, to publicly release the result of any revision which may be made to any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.
4841‑6460‑2982, v. 1