Business Context and Reporting Period
Company: First Northern Community Bancorp (Parent of First Northern Bank)
Filing Type: Form 8-K (Current Report)
Date of Report: March 24, 2026
Event: Announcement of an application to uplist Common Stock (Ticker: FNRN) from the OTCQX Market to the Nasdaq Capital Market.
Key Financial Metrics
This filing is a current report regarding a corporate event and does not contain financial statements. The filing text does not provide clear values for revenue, profit, cash flow, margins, debt, or liquidity.
Material Changes
The material change reported is the initiation of the process to transition the company's primary trading venue from the OTCQX Market to the Nasdaq Capital Market, contingent upon meeting listing requirements.
Guidance, Outlook, and Risks
- Outlook: The Company is actively working to satisfy Nasdaq's quantitative and corporate governance listing requirements.
- Risks and Contingencies: There is no assurance that the Company will ultimately meet the Nasdaq listing requirements or that Nasdaq will approve the listing application.
- Management Commentary: If approved, trading of the common stock will shift from the OTCQX Market to the Nasdaq Capital Market.
Investor Verification Checklist
- Verify the specific quantitative and corporate governance requirements for the Nasdaq Capital Market to assess the feasibility of the uplisting.
- Monitor future filings for the official decision from Nasdaq regarding the listing application.
- Review the attached press release (Exhibit 99.1) for any additional details on the timeline or specific criteria being addressed.