Company: FMFG
Filing Date: 2025-05-23
Form Type: 10-K/A
Source: 0001437749-25-018259
Chunk: 2

Company: Farmers & Merchants Bancshares, Inc.
Filing Date: 2025-05-23
Form: 10-K/A
Chunk 2
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4 Mayland Drive, Suite 2300, Richmond, VA |

Documents Incorporated by Reference Portions of the registrant’s definitive proxy statement for the 2025 Annual Meeting of Stockholders to be filed with the SEC pursuant to Regulation 14A are incorporated by reference into Part III of this Annual Report on Form 10-K. EXPLANATORY NOTE This Amendment No. 1 on Form 10-K/A to the Annual Report of Farmers and Merchants Bancshares, Inc. (the “Company”) on Form 10-K for the year ended December 31, 2024, which was initially filed with the Securities and Exchange Commission (the “SEC”) on March 13, 2025 (the “Original Report”), is being filed to include in Item 5 of Part II of the Original Report information about unregistered securities sold by the Company during the year ended December 31, 2024. Pursuant to Rule 12b-15 under the Securities Exchange Act of 1934, as amended, new certifications by the Company’s principal executive officer and principal financial officer are filed or furnished with this Amendment No. 1 as Exhibits 31.1, 31.2, and 32.1. Except as expressly provided above, this Amendment No. 1 on Form 10-K/A speaks as of the date of the Original Report and the Company has not updated the disclosures contained in any item thereof to speak as of a later date. All information contained in this Amendment No. 1 on Form 10-K/A is subject to updating and supplementing as provided in the Company’s reports filed with the SEC subsequent to the date on which the Original Report was filed.

<div align='center'>PART II</div>

ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES

Market Price Analysis and Dividends

As of February 28, 2025, the shares of the Company’s common stock were held by approximately 469 stockholders of record. Although many trades occur through privately-negotiated transactions, the shares of the Company’s common stock are traded in the over-the-counter market by certain broker-dealers and price quotations are available through the OTC Markets Group’s OTC Pink Market (the “Pink Market”) under the symbol “FMFG”. Price quotations reported through the Pink Market reflect inter-dealer prices, without retail mark-up, mark-down, or commission, and