UNITED STATES

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): July 2125, 2022

UNITED BANCSHARES, INC/OH

(Exact name of Registrant as specified in its Charter)

Ohio	000-29283	34-1516518
(State or other jurisdiction of incorporation)	(Commission File No.)	(IRS Employer Identification Number)

105 Progressive Drive, Columbus Grove, Ohio	45830-1241
(Address of principal executive offices)	(Zip Code)

105 Progressive Drive, Columbus Grove, Ohio 45830-1241

(Address of principal executive offices)

Registrant’s telephone number, including area code:

(419) 659-2141

N/A

(Former name or former address, if changed since last report)

Securities registered or to be registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of Each Exchange
Common Stock, No Par Value	UBOH	NASDAQ Global Market

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 28.0201 ~~Results~~Other ~~of Operations and Financial Condition~~Events.

~~On July 21, 2022,~~ United Bancshares, Inc. separately issued a quarterly report to shareholders, clients and team members and an earnings press release announcing its results of operations and financial condition for and as of, respectively, the quarter and six month period ended June 30, 2022, unaudited.

AAnnounces ~~copy~~Voluntary ofNASDAQ ~~the~~Delisting ~~earnings release (Exhibit 99.1)~~ and ~~quarterly~~SEC ~~report (Exhibit 99.2) are furnished herewith.~~Deregistration

~~The~~Date: ~~information~~July ~~furnished herewith~~25, is being furnished and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that Section, nor shall such information be deemed to be incorporated by reference in any registration statement or other document filed under the Securities Act of 1933 (the “Securities Act”) or the Exchange Act, except as otherwise stated in such filing.2022

~~Item~~Columbus 7Grove, Ohio, July 25, 2022 – United Bancshares, Inc.01 ~~Regulation~~(the FD“Company”) ~~Disclosure~~(NASDAQ:UBOH), the holding company parent of The Union Bank Company (the “Bank”), an Ohio-chartered commercial bank headquartered in Columbus Grove, Ohio, announced today that it has notified the NASDAQ Stock Market of the Company’s intent to voluntarily delist its common stock from the NASDAQ Capital Market and withdraw the registration of its common stock with the SEC under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). The Company intends to file a Form 25 with the SEC to remove its common stock from listing on the NASDAQ Capital Market and to deregister its stock under Section 12(b) of the Exchange Act on or about August 17, 2022. The Company expects the last trading day of its shares of common stock on the NASDAQ Capital Market will be on or about August 26, 2022. The Company intends to file a Form 15 with the SEC on or about September 5, 2022 to terminate the registration of its common stock under section 12(g) of the Exchange Act. Once the termination is effective, which is expected to occur within 90 days of filing, the Company’s obligation to file proxy materials and comply with Section 16 Exchange Act beneficial ownership reporting rules will end.

~~On July~~The ~~21,~~obligation ~~2022,~~of ~~United~~the ~~Bancshares,~~Company ~~Inc.~~to ~~separately~~file ~~issued~~periodic areports ~~quarterly~~with ~~report~~the ~~to shareholders~~SEC, ~~clients~~including ~~and~~reports ~~team~~on ~~members~~Forms ~~and~~10-K, a10-Q ~~press~~and ~~release~~8-K, ~~announcing~~pursuant ~~its~~to ~~results~~Section 15(d) of ~~operations~~the ~~and~~Exchange ~~financial~~Act, ~~condition~~will continue for ~~and~~the asbalance of, ~~respectively,~~its ~~the~~fiscal ~~quarter and~~ year ~~ended June~~ending ~~30,~~December ~~2022~~31, ~~unaudited~~2022. The ~~quarterly~~Company ~~report~~intends to ~~shareholders,~~file ~~clients~~a ~~and~~Form ~~team~~15 ~~members~~with ~~also~~the ~~announces~~SEC after the ~~approval~~filing byof its ~~Board~~Annual ofReport ~~Directors~~on ofSEC aform ~~cash~~10-K ~~dividend~~for ofits ~~$0.21~~fiscal ~~per~~year ~~common~~ended ~~share~~December ~~payable~~31, ~~September~~2022, 15filed in early 2023, ~~2022~~and upon such filing the Company’s obligation to ~~shareholders~~file ofreports ~~record~~under atSection 15(d) of the ~~close~~Exchange ofAct, ~~business~~including onSEC ~~August~~Form 3110-K, ~~2022~~10-Q, and 8-K, will be suspended immediately.

AFollowing ~~copy~~NASDAQ ofdelisting, the ~~release~~Company ~~(Exhibit~~expects ~~99.1)~~its ~~and~~shares ~~quarterly~~will ~~report~~be ~~(Exhibit~~quoted ~~99.2)~~on ~~are~~the ~~furnished~~OTCQX ~~herewith~~Market under the symbol “UBOH” beginning on or about August 29, 2022.

~~The~~As ~~information~~a ~~furnished~~bank ~~herewith~~holding company, the Company is ~~being~~eligible ~~furnished~~to ~~and~~deregister ~~shall~~with ~~not~~the beSEC ~~deemed~~because toit behas ~~“filed”~~fewer ~~for~~than ~~purposes~~1,200 stockholders of ~~Section~~record. 18The decision of the ~~Exchange~~Company’s ~~Act~~board orof ~~otherwise~~directors ~~subject~~ to delist and deregister its common stock was based on numerous factors, including the ~~liabilities~~significant cost savings of ~~that~~no ~~Section~~longer filing periodic reports with the SEC plus reductions in accounting, ~~nor~~audit, ~~shall~~legal ~~such~~and ~~information~~other becosts. The ~~deemed~~Company’s financial statements will continue to be ~~incorporated~~audited by ~~reference~~an inindependent ~~any~~accounting ~~registration~~firm ~~statement~~and the Company intends to publish quarterly and annual financial information via press releases or ~~other~~by ~~document~~postings ~~filed~~on ~~under~~the OTCQX website (www.otcmarkets.com/home) and the ~~Securities~~Bank’s ~~Act~~website or(www.theubank.com). The Bank will continue to report detailed quarterly financial results to its primary federal regulator, which are publicly available on the ~~Exchange~~FDIC’s ~~Act~~website (www.fdic.gov). United Bancshares, ~~except~~Inc. asis ~~otherwise~~the ~~stated~~holding company of The Union Bank Company which serves Allen, Delaware, Franklin, Hancock, Marion, Paulding, Putnam, Sandusky, Van Wert and Wood Counties in ~~such~~Ohio, ~~filing~~with office locations in Bowling Green, Columbus Grove, Delaware, Delphos, Findlay, Gahanna, Gibsonburg, Kalida, Leipsic, Lima, Marion, Ottawa, Paulding, Pemberville, Plymouth and Westerville Ohio.

~~Item~~Statements 9contained in this news release which are not historical facts may be forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995.01 ~~Financial~~Such ~~Statements~~forward-looking statements are subject to risks and ~~Exhibits~~uncertainties which could cause actual results to differ materially from those currently anticipated due to a number of factors. Factors that could result in material variations include, but are not limited to, the possibility that activist stockholders may wage proxy contests or gain representation on the Board of Directors, causing disruption and/or uncertainty to the Company’s business, customer relationships and employee retention, changes in interest rates which could affect net interest margins and net interest income, competitive factors which could affect net interest income and noninterest income, changes in demand for loans, deposits and other financial services in the Company's market area; changes in asset quality, general economic conditions as well as other factors discussed in documents filed by the Company with the Securities and Exchange Commission from time to time. In evaluating these statements, you should specifically consider various factors described above as well as the risks outlined under “Part I – Item 1A. Risk Factors” in our Annual Report on Form 10-K filed with the SEC on March 7, 2022. The Company undertakes no obligation to update these forward-looking statements to reflect events or circumstances that occur after the date on which such statements were made.

~~(d)~~Contact ~~Exhibits~~Information:

Exhibit No.	Description
99.1	Press Release dated July 21, 2022
99.2	Quarterly Report dated July 21, 2022
104	104 Cover Page Interactive Data File

Brian D. Young

President & CEO

United Bancshares, Inc.

105 Progressive Drive

Columbus Grove, OH 45830

(800) 837-8111

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.

	United Bancshares, Inc.
Date: July 21, 2022	By:	/s/ Brian D. Young
Date: July 25, 2022	By:	/s/ Brian D. Young
		Brian D. Young
		President and Chief Executive Officer

Filing Compare · UNITED BANCSHARES INC/OH