UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D) OF
THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): February 29, 2024

Bogota Financial Corp.
(Exact Name of Registrant as Specified in Charter)

Maryland
   
001-39180
 
84-3501231
(State or Other Jurisdiction)
   
(Commission File No.)
 
(I.R.S. Employer
of Incorporation)
   
Identification No.)
   
 
819 Teaneck Road, Teaneck, New Jersey
 
07666
 
(Address of Principal Executive Offices)
 
(Zip Code)


Registrant's telephone number, including area code: (201) 862-0660

Not Applicable
(Former name or former address, if changed since last report)


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):


Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class
 
Trading
Symbol(s)
 
Name of each exchange on which registered
Common Stock, par value $0.01
 
BSBK
 
The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.


Item 8.01 Other Events

On February 29, 2024, Bogota Financial Corp. (the “Company”) completed its previously announced stock repurchase program.  Under this repurchase program, the Company was authorized to repurchase up to 249,920 shares, or approximately 5% of its outstanding common stock (excluding shares held by Bogota Financial, MHC).  The Company repurchased its common stock under the program at an average price of $7.63 per share.  This was the Company’s fourth stock repurchase program.


SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.


   
BOGOTA FINANCIAL CORP.
     
     
     
DATE: March 6, 2024
By:  
 /s/ Kevin Pace
   
Kevin Pace
   
President and Chief Executive Officer


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Document and Entity Information
Feb. 29, 2024
Cover [Abstract]  
Document Type 8-K
Amendment Flag false
Document Period End Date Feb. 29, 2024
Entity File Number 001-39180
Entity Registrant Name Bogota Financial Corp.
Entity Central Index Key 0001787414
Entity Incorporation, State or Country Code MD
Entity Tax Identification Number 84-3501231
Entity Address, Address Line One 819 Teaneck Road
Entity Address, City or Town Teaneck
Entity Address, State or Province NJ
Entity Address, Postal Zip Code 07666
City Area Code 201
Local Phone Number 862-0660
Title of 12(b) Security Common Stock, par value $0.01
Trading Symbol BSBK
Security Exchange Name NASDAQ
Entity Emerging Growth Company true
Entity Ex Transition Period false
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false

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