STOCK TITAN

Glen Burnie Bancorp (Nasdaq: GLBZ) to delist stock and end SEC reporting

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Glen Burnie Bancorp plans to voluntarily delist its common stock from the Nasdaq Capital Market and then voluntarily deregister the stock with the U.S. Securities and Exchange Commission.

The company states that, following deregistration, it intends to terminate and suspend its ongoing reporting obligations under the Securities Exchange Act of 1934, so it would no longer file regular public reports such as annual and quarterly statements. These plans were disclosed in a press release dated December 12, 2025, which is furnished as Exhibit 99.1.

Positive

  • None.

Negative

  • Voluntary delisting from the Nasdaq Capital Market and SEC deregistration will end the company’s exchange listing and periodic SEC reporting obligations, reducing liquidity and formal public disclosure.

Insights

Voluntary delisting and SEC deregistration will reduce exchange listing status and public reporting for Glen Burnie Bancorp.

Glen Burnie Bancorp disclosed that, in a press release dated December 12, 2025, it announced its intention to voluntarily delist its common stock from the Nasdaq Capital Market. After that delisting, it also plans to voluntarily deregister its common stock with the U.S. Securities and Exchange Commission.

Once deregistration is effective, the company intends to terminate and suspend its reporting obligations under the Securities Exchange Act of 1934. That would end the regular public filing of documents such as annual and quarterly reports, meaning less ongoing information would be available through SEC filings for current and prospective shareholders.

This is a materially negative change for investors focused on exchange-traded liquidity and formal disclosure, because it removes a Nasdaq listing and the framework of periodic SEC reporting. The practical impact will depend on when the delisting and deregistration steps are completed and how trading activity evolves afterward outside the Nasdaq Capital Market.

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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): December 12, 2025

 

GLEN BURNIE BANCORP

(Exact name of registrant as specified in its charter)

Maryland   000-24047   52-1782444
(State or other jurisdiction of incorporation)   (Commission file number)   (IRS Employer Identification No.)

 

101 Crain Highway, S.E.

Glen Burnie, Maryland 21061

(Address of principal executive offices)

 

Registrant’s telephone number, including area code:

(410) 766-3300

 

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:

  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))  
 
Securities registered pursuant to Section 12(b) of the Act:
     
Title of Each Class Trading Symbol(s) Name of Each Exchange on Which Registered
Common stock, par value $1 per share GLBZ Nasdaq Capital Market
           

 

Indicate by check mark whether the registrant is an emerging growth company as defined in 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 7.01Regulation FD Disclosure.

On December 12, 2025, Glen Burnie Bancorp issued the press release that is furnished as Exhibit 99.1 to this Current Report on Form 8-K announcing its intention to voluntarily delist its common stock from The Nasdaq Capital Market and subsequently voluntary deregister its common stock with the U.S. Securities and Exchange Commission in order to terminate and suspend its reporting obligations under the Securities Exchange Act of 1934, as amended.

 

Item 9.01Financial Statements and Exhibits.

 

(d)See exhibit index below for the list of exhibits filed or furnished with this Current Report on Form 8-K.

 

EXHIBIT INDEX

Exhibit No.  
Description
99.1 Press release dated December 12, 2025 (furnished only)
104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL.

 

 

 

 

 

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.

 

  GLEN BURNIE BANCORP
   
   
  By: /s/ Todd Capitani
    Todd Capitani
    Executive Vice President and
    Chief Financial Officer
   
Date:  December 12, 2025  

 

 

FAQ

What did Glen Burnie Bancorp (GLBZ) announce on December 12, 2025?

On December 12, 2025, Glen Burnie Bancorp announced its intention to voluntarily delist its common stock from the Nasdaq Capital Market and subsequently voluntarily deregister that stock with the U.S. Securities and Exchange Commission to terminate and suspend its reporting obligations under the Securities Exchange Act of 1934.

From which stock market will Glen Burnie Bancorp (GLBZ) voluntarily delist its shares?

Glen Burnie Bancorp plans to voluntarily delist its common stock from the Nasdaq Capital Market, where it is currently listed under the trading symbol GLBZ.

What does Glen Burnie Bancorp plan to do regarding its SEC registration and reporting?

The company plans to voluntarily deregister its common stock with the U.S. Securities and Exchange Commission and, as a result, terminate and suspend its ongoing reporting obligations under the Securities Exchange Act of 1934, as amended.

Where can investors find more details about Glen Burnie Bancorps delisting and deregistration plans?

More details are provided in Exhibit 99.1, a press release dated December 12, 2025 that is furnished with the report and describes Glen Burnie Bancorps plans to delist and deregister its common stock.

What is the trading symbol and par value of Glen Burnie Bancorp common stock?

Glen Burnie Bancorps common stock trades under the symbol GLBZ on the Nasdaq Capital Market and has a par value of $1 per share.
Glen Burnie Bancorp

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