---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-250015"
form_type: "8-K"
ticker: "BSBK"
cik: "0001787414"
company_name: "Bogota Financial Corp."
filed_at: "2026-06-01T13:12:34+00:00"
generated_at: "2026-06-01T13:14:21.287677+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Bogota Financial Corp. to merge with GSL Savings Bank; assets expected to exceed $1B

## Summary
- Merger agreement signed; GSL Savings Bank to merge into Bogota Savings Bank; closing expected H2 2026.
- Pro forma consolidated assets increase from ~$877.2M to ~$1.0B post-merger.
- Frank Giancola (GSL CEO) to become EVP/COO of Bogota; employment agreement includes $250K base salary + bonus.
- Transaction unanimously approved by all boards; subject to regulatory approvals.
- Merger projected to be accretive to Bogota Financial's 2026 net income, EPS, and fully converted tangible book value.

## SEC filing metadata
- accession: 0001193125-26-250015
- form_type: 8-K
- ticker: BSBK
- cik: 0001787414
- company_name: Bogota Financial Corp.
- filed_at: 2026-06-01T13:12:34+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1787414/000119312526250015/0001193125-26-250015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1787414/000119312526250015/d151612d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-250015
- JSON: https://secwatch.observer/filing/0001193125-26-250015.json
- Plain text: https://secwatch.observer/filing/0001193125-26-250015.txt

## Source-grounded claims
- claim_id: bc1cd7a677
  claim: Frank Giancola was appointed as Executive Vice President and Chief Operating Officer at Bogota Financial Corp..
  evidence_excerpt: Mr. Giancola will become Executive Vice President and Chief Operating Officer of the Bank.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1787414/000119312526250015/0001193125-26-250015-index.htm

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