secwatch.observer — SEC 8-K summary
======================================

Issuer:     QNB CORP. (QNBC)
CIK:        0000750558
Form:       8-K
Filed at:   2026-08-20T20:23:04+00:00
Accession:  0001193125-26-359228
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

QNB Corp. raises $48.3M in common stock offering; moves to Nasdaq Capital Market
--------------------------------------------------------------------------------

- Offered 1,071,428 shares at $42.00; overallotment exercised for 160,714 more; total 1,232,142 shares.
- Net proceeds approx $48.3M after discounts and expenses; expected close Aug 21, 2026.
- Proceeds to fund balance sheet restructuring, redeem subordinated notes, support lending and capital ratios.
- Stock approved for listing on Nasdaq Capital Market under "QNBC"; began trading Aug 20, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/750558/000119312526359228/0001193125-26-359228-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/750558/000119312526359228/qnbc-20260819.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-359228

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer