---
schema_version: "secwatch.filing_event.v1"
accession: "0000927089-25-000020"
form_type: "8-K"
ticker: "MGNO"
cik: "0002033615"
company_name: "Magnolia Bancorp, Inc."
filed_at: "2025-01-13T23:59:59+00:00"
generated_at: "2026-05-28T04:03:01.360813+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Magnolia Bancorp gets final regulatory OK; OTCQB listing set for Jan 15

## Summary
- Final regulatory approvals received; conversion and IPO expected to close Jan 14, 2025.
- Offering 833,750 shares at $10.00/share for gross proceeds of ~$8.3M; oversubscribed.
- Common stock to be quoted on OTCQB under symbol 'MGNO' starting Jan 15, 2025.
- Transfer agent to mail DRS statements and refund checks on or about Jan 15, 2025.
- Keefe, Bruyette & Woods acted as selling agent and financial advisor.

## SEC filing metadata
- accession: 0000927089-25-000020
- form_type: 8-K
- ticker: MGNO
- cik: 0002033615
- company_name: Magnolia Bancorp, Inc.
- filed_at: 2025-01-13T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2033615/000092708925000020/0000927089-25-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2033615/000092708925000020/mban20250109_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000927089-25-000020
- JSON: https://secwatch.observer/filing/0000927089-25-000020.json
- Plain text: https://secwatch.observer/filing/0000927089-25-000020.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.