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    SEC Form S-8 POS filed by Oconee Federal Financial Corp.

    7/31/23 4:15:12 PM ET
    $OFED
    Savings Institutions
    Finance
    Get the next $OFED alert in real time by email
    S-8 POS 1 ofed-s8pos_073123.htm POST-EFFECTIVE AMENDMENT

    Registration No. 333-173077

     

    As filed with the Securities and Exchange Commission on July 31, 2023

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     


     

    POST-EFFECTIVE AMENDMENT NO. 1 TO 

    FORM S-8

     

    REGISTRATION STATEMENT

    UNDER

    THE SECURITIES ACT OF 1933

     

     

    Oconee Federal Financial Corp.

    (Exact name of registrant as specified in its charter)

     

    Federal   32-0330122

    (State or other jurisdiction

    of incorporation or organization)

     

     

    201 East North Second Street

    Seneca, South Carolina

    (Address of Principal Executive Offices)

    I.R.S. Employer Identification No.

     

     

     

     

    29678

    (Zip Code)

     

     Oconee Savings and Loan Association 401(k) Profit Sharing Plan

    (Full Title of the Plan)

     

    Copies to:

     

    Ms. Curtis T. Evatt

    President and Chief Executive Officer

    Oconee Federal Financial Corp.

    201 East North Second Street

    Seneca, South Carolina 29678

    (864) 882-2765

    (Name, Address and Telephone Number of Agent for Service)

     

    Ned Quint, Esq.

    Kip Weissman, Esq.

    Luse Gorman, PC

    5335 Wisconsin Avenue, Suite 780

    Washington, D.C. 20015

    (202) 274-2000

     

     

    Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

     

    Large accelerated filer ¨ Accelerated filer ¨
    Non-accelerated filer x   Smaller reporting company x
    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 7(a)(2)(B) of the Securities Act. ¨

     

     
     

     

    EXPLANATORY NOTE

     

    This Post-Effective Amendment relates to the following registration statement (“Registration Statement”) filed with the Securities and Exchange Commission on March 25, 2011 by Oconee Federal Financial Corp., a Federal corporation (the “Registrant”).

     

    Registration Statement on Form S-8, File No. 333-173077, registering an indeterminate number of participation interests, all for offer and sale under the Oconee Savings and Loan Association 401(k) Profit Sharing Plan.

     

    The Registrant intends to terminate and suspend all reporting obligations with the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended. Accordingly, pursuant to the undertaking contained in the Registration Statement to remove from registration by means of a post-effective amendment any of the securities that remain unsold at the termination of the offering, the Registrant hereby amends the Registration Statement by deregistering all shares that remain unsold under the Registration Statement.

     

     
     

     

    SIGNATURES

     

    Pursuant to the requirements of the Securities Act of 1933, as amended, and Rule 478 thereunder, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing this Registration Statement on Form S-8 and has duly caused this Registration Statement on Form S-8 to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Seneca, State of South Carolina, on this 31st day of July, 2023.

     

    OCONEE FEDERAL FINANCIAL CORP.

     

     

         
      By: /s/ Curtis T. Evatt  
        Curtis T. Evatt  
        President and Chief Executive Officer
       

    (Duly Authorized Representative)



    No other person is required to sign this Post-Effective Amendment to the Registration Statement in reliance upon Rule 478 of the Securities Act.

     

     

     
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