Item 8.01 Other Events

On May 24, 2023, Bogota Financial Corp. (the "Company"), the holding company for Bogota Savings Bank, announced that it has received regulatory approval for the repurchase of up to 249,920 shares of its common stock, which is approximately 5% of its outstanding common stock (excluding shares held by Bogota Financial, MHC), as previously approved by the board of directors of the Company. This is the Company's fourth stock repurchase program.

Shares may be repurchased in open market or private transactions or pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities and Exchange Commission.

For additional information, reference is made to the Company's press release dated May 24, 2023, which is attached hereto as Exhibit 99.1 and incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits

(a) Financial Statements of Businesses Acquired. Not applicable.

(b) Pro Forma Financial Information. Not applicable.

(c) Shell Company Transactions. Not applicable.





(d) Exhibits.




 Exhibit No.     Description


   99.1   Press release dated May 24, 2023.



104 Cover Page Interactive Data File (formatted in iXBRL and contained in Exhibit


     101).


.

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