Glen Burnie Bancorp to voluntarily delist from Nasdaq, move to OTCQX

GLEN BURNIE BANCORP

Will file Form 25 on Dec 22, 2025; delisting effective Jan 1, 2026.
Plans to file Form 15 on Jan 2, 2026 to suspend SEC reporting obligations.
Board cites cost burden, potential future non-compliance, and lack of liquidity as reasons.
Will apply for OTCQX quotation; no guarantee of active trading market.
Company expects to redirect resources to business opportunities post-delisting.

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