LINKBANCORP Completes Merger with Burke & Herbert, Delists from Nasdaq

summarizeSummary

LINKBANCORP, Inc. has completed its merger with Burke & Herbert Financial Services Corp., resulting in LINKBANCORP ceasing to exist as an independent entity and its common stock being delisted from Nasdaq.

check_boxKey Events

• Merger Completion

  LINKBANCORP, Inc. officially merged into Burke & Herbert Financial Services Corp. on May 1, 2026, with Burke & Herbert as the surviving entity.

• Stock Conversion

  Each share of LINKBANCORP common stock was converted into the right to receive 0.1350 shares of Burke & Herbert common stock.

• Nasdaq Delisting

  LINKBANCORP's common stock has been delisted from the Nasdaq Capital Market, and the company intends to deregister its common stock and suspend reporting obligations.

• Board Appointments

  Two former LINKBANCORP directors, Diane Poillon and Kristen Snyder, were appointed to the board of the surviving Burke & Herbert entity.

auto_awesomeAnalysis

This 8-K confirms the definitive completion of the previously announced merger between LINKBANCORP and Burke & Herbert Financial Services Corp. For LINKBANCORP shareholders, this marks a fundamental change in their investment, as their shares have been converted into Burke & Herbert common stock, and LINKBANCORP's stock is no longer traded on Nasdaq. The company has ceased to exist as a standalone public entity, concluding its independent operations and reporting obligations.