10-K/A: MainStreet Bancshares Files Amended 10-K to Correct Reporting Company Status
10-K/A Filing
MainStreet Bancshares files an amendment to its 2024 annual report to correctly identify itself as a smaller reporting company.
Summary
- MainStreet Bancshares, Inc. has filed an amendment (Form 10-K/A) to its original Annual Report on Form 10-K for the fiscal year ended December 31, 2024.
- The amendment corrects the cover page to indicate that the company is a smaller reporting company, as defined by Rule 12b-2 under the Securities Exchange Act of 1934.
- The original report was filed on March 14, 2025.
- No other changes have been made to the original report, and the amendment does not reflect any events occurring after the original filing date.
- As of June 30, 2024, the aggregate market value of common equity held by non-affiliates was $134,721,919.
- As of March 10, 2025, there were 7,728,106 shares of Common Stock outstanding.
Sentiment
Score: 7
Explanation: The document is a routine amendment to correct a clerical error, indicating a neutral to slightly positive sentiment as it resolves a compliance issue.
Industry Context
This filing is a routine amendment to correct a reporting error and does not indicate any fundamental change in the company's business or financial condition.
Stakeholder Impact
- The correction of the reporting status ensures accurate information is available to investors and stakeholders.
Next Steps
- The company will file its definitive proxy statement for its 2025 Annual Meeting of Shareholders.
Key Dates
| Date | Description |
|---|---|
| 2024-06-30 | Date used to calculate the aggregate market value of shares of common equity held by non-affiliates. |
| 2024-12-31 | Fiscal year end date. |
| 2025-03-10 | Date used to determine the number of outstanding shares of Common Stock. |
| 2025-03-14 | Date of the Original Report filing. |
| 2025-03-20 | Date of the Amendment filing. |
Keywords
10-K/A, amendment, smaller reporting company, MainStreet Bancshares, annual report, MNSB, MNSBP
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