SC 13G/A: QNB CORP
Ticker: QNBC · Form: SC 13G/A · Filed: Nov 14, 2024 · CIK: 750558
| Field | Detail |
|---|---|
| Company | Qnb CORP (QNBC) |
| Form Type | SC 13G/A |
| Filed Date | Nov 14, 2024 |
| Risk Level | low |
| Pages | 7 |
| Reading Time | 9 min |
| Key Dollar Amounts | $0.625 |
| Sentiment | neutral |
Sentiment: neutral
Topics: sc-13g-a
AI Summary
SC 13G/A filing by QNB CORP.
Risk Assessment
Risk Level: low
FAQ
What type of filing is this?
This is a SC 13G/A filing submitted by Qnb CORP (ticker: QNBC) to the SEC on Nov 14, 2024.
What is the risk level of this SC 13G/A filing?
This filing has been assessed as low risk.
What are the key financial figures in this filing?
Key dollar amounts include: $0.625 (me of Issuer) Common Stock, par value $0.625 per share (Titles of Class of Securit).
How long is this filing?
Qnb CORP's SC 13G/A filing is 7 pages with approximately 2,159 words. Estimated reading time is 9 minutes.
Where can I view the full SC 13G/A filing?
The complete filing is available on SEC EDGAR. You can also read the AI-decoded analysis with risk assessment and key highlights on ReadTheFiling.
Filing Stats: 2,159 words · 9 min read · ~7 pages · Grade level 9.3 · Accepted 2024-11-14 10:29:44
Key Financial Figures
- $0.625 — me of Issuer) Common Stock, par value $0.625 per share (Titles of Class of Securit
Filing Documents
- qnbc-sc13ga_093024.htm (SC 13G/A) — 153KB
- 0001999371-24-014697.txt ( ) — 155KB
From the Filing
SC 13G/A 1 qnbc-sc13ga_093024.htm AMENDMENT TO SC 13G UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G/A (Amendment No. 1)* Under the Securities Exchange Act of 1934 QNB Corp. (Name of Issuer) Common Stock, par value $0.625 per share (Titles of Class of Securities) 74726N107 (CUSIP Number) September 30, 2024 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: Rule 13d-1(b) Rule 13d-1(c) Rule 13d-1(d) * The remainder of this cover page shall be filled out of a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934, as amended (the “ Act ”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes ). CUSIP No. 74726N107 13G/A Page 2 of 11 1 NAME OF REPORTING PERSON Fourthstone LLC 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: 5 SOLE VOTING POWER - 0 - 6 SHARED VOTING POWER 302,883 7 SOLE DISPOSITIVE POWER - 0 - 8 SHARED DISPOSITIVE POWER 302,883 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 302,883 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 8.23% (1) 12 TYPE OF REPORTING PERSON IA (1) Based on 3,679,497 shares of Common Stock (as defined below) of the Issuer (as defined below) outstanding as of July 31, 2024, based on the Issuer’s Form 10-Q filed with the SEC on August 8, 2024. Fourthstone LLC acquired the Issuer’s shares in the ordinary course of business as a registered investment adviser and not with the purpose nor with the effect of changing or influencing the control of the Issuer. CUSIP No. 74726N107 13G/A Page 3 of 11 1 NAME OF REPORTING PERSON Fourthstone Master Opportunity Fund Ltd 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: 5 SOLE VOTING POWER - 0 - 6 SHARED VOTING POWER 216,517 7 SOLE DISPOSITIVE POWER - 0 - 8 SHARED DISPOSITIVE POWER 216,517 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 216,517 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 5.88% (2) 12 TYPE OF REPORTING PERSON OO (2) Based on 3,679,497 shares of Common Stock (as defined below) of the Issuer (as defined below) outstanding as of July 31, 2024, based on the Issuer’s Form 10-Q filed with the SEC on August 8, 2024. Fourthstone LLC acquired the Issuer’s shares in the ordinary course of business as a registered investment adviser and not with the purpose nor with the effect of changing or influencing the control of the Issuer. CUSIP No. 74726N107 13G/A Page 4 of 11 1 NAME OF REPORTING PERSON Fourthstone GP LLC 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: 5 SOLE VOTING POWER - 0 - 6 SHARED VOTING POWER 86,366 7 SOLE DISPOSITIVE POWER - 0 - 8 SHARED DISPOSITIVE POWER 86,366 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 86,366 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 2.35% (3) 12 TYPE OF REPORTING PERSON OO (3) Based on 3,679,497 shares of Common Stock (as defined below) of the Issuer (as defined below) outstanding as of July 31, 2024, based on the Issuer’s Form 10-Q filed with the SEC on August 8, 2024. Fourthstone GP LLC is the general partner of and may be deemed to beneficially own securities owned by Fourthstone QP Opportunity Fund LP and Fourthstone Small-Cap Financials Fund LP. CUSIP No. 74726N107 13G/A Page 5 of 11 1 NAME OF REPORTING PERSON Fourthstone QP Opportunity Fund LP 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: 5 SOLE VOTING POWER - 0 - 6 SHARED VOTING POWER 66,718 7