MVB FINANCIAL CORP. (OTCMKTS:MVBF) Files An 8-K Other EventsItem 8.01 Other Events
MVB FINANCIAL CORP. (OTCMKTS:MVBF) Files An 8-K Other Events
MVB Financial Corp. (the “Company”) issued a press release today announcing that it intends to conduct a rights offering to be made to its holders of common stock. The Company plans to raise approximately $5 million though the distribution of subscription rights and the exercise thereof.
A copy of the press release, issued February 10, 2017, is furnished as Exhibit 99.1 to this report.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
99.1 Press release: MVB Announces Plan to Conduct Rights Offering in First Quarter of 2017
About MVB FINANCIAL CORP. (OTCMKTS:MVBF)
MVB Financial Corp. (MVB) is a financial holding company. Through its subsidiaries, MVB Bank, Inc. (the Bank), MVB Mortgage and MVB Insurance, LLC, the Company provides community banking, mortgage banking, insurance and wealth management services to individuals and corporate clients in the Mid-Atlantic region. It operates through four segments: commercial and retail banking, mortgage banking, financial holding company, and insurance services. The Bank offers its customers a range of products, such as checking accounts, negotiable order of withdrawal (NOW) accounts, money market and savings accounts, time certificates of deposit, commercial, installment, commercial real estate and residential real estate mortgage loans, debit cards, and safe deposit rental facilities. The Bank provides services through its walk-in offices, automated teller machines (ATMs), drive-in facilities, and Internet and telephone banking. The Bank also offers non-deposit investment products. MVB FINANCIAL CORP. (OTCMKTS:MVBF) Recent Trading Information
MVB FINANCIAL CORP. (OTCMKTS:MVBF) closed its last trading session 00.00 at 12.70 with 147 shares trading hands.
MVB Financial Corp. (MVB) is a financial holding company. Through its subsidiaries, MVB Bank, Inc. (the Bank), MVB Mortgage and MVB Insurance, LLC, the Company provides community banking, mortgage banking, insurance and wealth management services to individuals and corporate clients in the Mid-Atlantic region. It operates through four segments: commercial and retail banking, mortgage banking, financial holding company, and insurance services. The Bank offers its customers a range of products, such as checking accounts, negotiable order of withdrawal (NOW) accounts, money market and savings accounts, time certificates of deposit, commercial, installment, commercial real estate and residential real estate mortgage loans, debit cards, and safe deposit rental facilities. The Bank provides services through its walk-in offices, automated teller machines (ATMs), drive-in facilities, and Internet and telephone banking. The Bank also offers non-deposit investment products. MVB FINANCIAL CORP. (OTCMKTS:MVBF) Recent Trading Information
MVB FINANCIAL CORP. (OTCMKTS:MVBF) closed its last trading session 00.00 at 12.70 with 147 shares trading hands.