Qnb Corp. completed its acquisition of Victory on 2026-04-01, according to the Form 8-K Qnb Corp. filed with the SEC on 2026-04-07. The filing's Item 2.01 states no aggregate dollar price.
| Acquirer | Qnb Corp. |
|---|---|
| Acquired | Victory |
| Completed | 2026-04-01 |
| Reported by | Qnb Corp. (QNBC), the buyer |
| Filing | Form 8-K, filed 2026-04-07 |
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What the filing says
As referenced above, on April 1, 2026, the Company completed its previously announced acquisition of Victory pursuant to the Merger Agreement.
More from the filing
At the Effective Time, Victory merged with and into the Company, with the Company surviving the Merger.
Immediately following the Merger, Victory's wholly-owned subsidiary bank, The Victory Bank, a Pennsylvania-chartered state bank, merged with and into QNB Bank, a Pennsylvania-chartered state bank and wholly-owned subsidiary of the Company (the "Bank"), with the Bank as the surviving bank in the subsidiary bank merger.
Pursuant to the terms of the Merger Agreement, as of the Effective Time, each outstanding share of Victory's common stock, $1.00 par value ("Victory Common Stock"), issued and outstanding immediately prior to the Effective Time (except for treasury shares and shares of Victory Common Stock held by Victory's shareholders who have timely and properly exercised dissenters' rights in accordance with applicable law (each as provided for in the Merger Agreement)), was automatically converted as a result of the Merger into the right to receive 0.5500 shares of common stock, $0.625 par value, of the C
Quoted from Qnb Corp.'s Form 8-K.
This is the only completed acquisition Qnb Corp. reported under Item 2.01 in the last twelve months.
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A public company must file a current report on Form 8-K with the SEC within four business days of completing a significant acquisition or disposition of assets, under Item 2.01 of the report. The acquired company sometimes files one too, when the deal makes it a subsidiary of the buyer.
Every fact on this page is taken from one of those filings and linked to it: which company acquired which, the date the filing gives for completion, and the price when the filing states one in dollars, shown next to the sentence that states it. A filing states what was bought and on what terms; it rarely states why, and neither does this page.