---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-213318"
form_type: "8-K"
ticker: "QNBC"
cik: "0000750558"
company_name: "QNB CORP."
filed_at: "2025-09-23T23:59:59+00:00"
generated_at: "2026-05-17T05:55:40.671582+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# QNB Corp. to acquire The Victory Bancorp in all-stock merger

## Summary
- Each Victory share converts to 0.5500 shares of QNB common stock; no cash component.
- Merger expected to close in Q4 2025 or Q1 2026, subject to shareholder and regulatory approvals.
- Victory CEO Joseph W. Major to join QNB board as Vice Chair; termination fee $1.575M under certain conditions.
- Victory Bank will merge into QNB Bank after effective time of the holding company merger.

## SEC filing metadata
- accession: 0001193125-25-213318
- form_type: 8-K
- ticker: QNBC
- cik: 0000750558
- company_name: QNB CORP.
- filed_at: 2025-09-23T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/750558/000119312525213318/0001193125-25-213318-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/750558/000119312525213318/qnbc-20250923.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-213318
- JSON: https://secwatch.observer/filing/0001193125-25-213318.json
- Plain text: https://secwatch.observer/filing/0001193125-25-213318.txt

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