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
On April 20, 2017, MVB Financial Corp. (the “Company”) issued a press release announcing the completion of its previously announced rights offering (the “Rights Offering”). The Company sold 434,783 shares of its common stock in the Rights Offering at $11.50 per share, resulting in approximately $5.0 million in new capital. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
d) Exhibits.
5.1 Opinion of Spilman Thomas & Battle, PLLC.
23.1 Consent of Spilman Thomas & Battle, PLLC (included in Exhibit 5.1).
99.1 Press release of MVB Financial Corp., dated April 20, 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 up +0.02 at 12.68 with 9,070 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 up +0.02 at 12.68 with 9,070 shares trading hands.