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): August 9, 2000
QCF BANCORP, INC.
(Exact name of registrant as specified in its charter)
Minnesota 0-25700 41-1796789
(State or other jurisdiction (Commission (I.R.S. employer
of incorporation) file number) identification no.)
50l Chestnut Street, Virginia, Minnesota 55792
(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code: (218) 74l-2040
Not Applicable
(Former name or former address, if changed since last report)
Exhibit Index on Page 2
Page 1 of 5 Pages
Item 5. Other events
On August 9, 2000, the Registrant announced that it had been notified by
Nasdaq that the Company would be delisted from the Nasdaq National Market on
August 16, 2000 as it no longer meets the minimum 750,000 shares of public float
requirement for continued listing.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
The following is a list of exhibits filed with this Current Report on Form
8-K indexed to their location in the sequentially numbered copy.
Exhibit No. Description Page No.
28.1 Press Release, dated August 9, 2000 5
Page 2 of 5 Pages
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, thereunto duly authorized.
QCF BANCORP, INC.
Date: August 9, 2000 By: /s/Daniel F. Schultz
Daniel F. Schultz
Vice President/Treasurer
Page 3 of 5 Pages
Exhibit 28.1
Page 4 of 5 Pages
PRESS RELEASE
Contact: Kevin Pietrini FOR IMMEDIATE RELEASE:
Date: August 9, 2000
QCF BANCORP, INC. REPORTS UPCOMING DELISTING FROM
NASDAQ NATIONAL MARKET
QCF Bancorp, Inc. (Nasdaq: QCFB) announced today that it has been advised
by Nasdaq that the Company's common stock will be delisted from the Nasdaq
National Market on August 16, 2000 for failure to meet the public float
requirement. Under Nasdaq's requirements for maintaining listing eligibility,
the Company is required to maintain a minimum of 750,000 shares of public float.
As of June 30, 2000, the Company's public float was approximately 280,000
shares. Based on this significant disparity, the Company does not intend to
appeal the decision of Nasdaq.
QCF Bancorp, Inc. is the holding company for Queen City Federal Savings
Bank which is headquartered in Virginia, Minnesota. Queen City Federal Savings
Bank operates through 3 branches serving north central St. Louis County,
Minnesota.
This Press Release contains certain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. All
forward-looking statements are subject to certain risks and uncertainties and
assumptions. These risks, uncertainties and assumptions are more fully described
in the Company's Annual and Quarterly Reports filed with the Securities and
Exchange Commission. Actual results may differ materially from those currently
anticipated.