Unregistered Sales of Equi ty Securities and Use of Proceeds
−Removed: On October 3, 2022, the Company announced that is has received regulatory approval for the repurchase of up to 556,631 shares of its common stock which is approximately 10% of its then outstanding common stock
−Removed: (excluding shares held by Bogota Financial, MHC).
−Removed: The program does not have a scheduled expiration date and the Board of Directors has the right to suspend or discontinue the program at any time.
+Added: On October 3, 2022, the Company announced that is has received regulatory approval for the repurchase of up to 556,631 shares of its common stock which was approximately 10% of its then outstanding common stock (excluding shares held by Bogota Financial, MHC).
On May 5, 2023, the Company announced the completion of the repurchase program.
+Added: On May 24, 2023, the Company announced it had received regulatory approval for the repurchase of up to 249,920 shares of its common stock, which was approximately 5% of its then outstanding common stock (excluding shares held by Bogota Financial, MHC).
+Added: The program does not have a scheduled expiration date and the Board of Directors has the right to suspend or discontinue the program at any time.
+Added: As of June 30, 2023, 20,300 shares have been repurchased at a cost of $165,000.
The following table provides information on repurchases by the Company of its common stock under the Company's Board approved programs for the second quarter:
4 unchanged sentences
Maximum Number of Shares that May Yet Be Purchased Under the Plans or Programs
−Removed: January 1 - 31, 2023
−Removed: February 1 - 28, 2023
−Removed: March 1 - 31, 2023
+Added: April 1 - 30, 2023
+Added: May 1 - 31, 2023
+Added: June 1 - 30, 2023
Defaults Upon Senior Securities
2 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.