SMARTFINANCIAL, INC. (NASDAQ:SMBK) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders.

On September 14, 2017, SmartFinancial, Inc. (the “Company”) held a special meeting of shareholders. There were 8,221,761 shares of Company common stock issued and outstanding as of close of business on July 14, 2017, the record date. Of these, 5,735,831 shares voted either in person or by proxy, representing 69.76% of the shares entitled to vote at the special meeting. The Company’s shareholders approved (i) the Agreement and Plan of Merger, (the “Agreement”) dated May 22, 2017, by and among the Company, SmartBank, Capstone Bancshares, Inc., and Capstone Bank (which we refer to as the “Merger Proposal”), and (ii) one or more adjournments of the special meeting, if necessary or appropriate, including adjournments to permit further solicitation of proxies in favor of the Merger Proposal (which we refer to as the “Adjournment Proposal”). The final voting results for the two proposals are set forth below:

Proposal 1 – Approval of the Merger Proposal

Proposal 2 – Approval of the Adjournment Proposal

Item 8.01Other Events.

On September 19, 2017, the Company and Capstone Bancshares, Inc. issued a joint press release announcing that the shareholders of the Company and the shareholders of Capstone Bancshares, Inc., at separate special shareholders meetings, had approved the Agreement and the proposals to adjourn the special meetings, if necessary. A copy of the press release is attached as Exhibit 99.1 hereto.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

SMARTFINANCIAL INC. Exhibit
EX-99.1 2 smartbank_capstonebankjoin.htm EXHIBIT 99.1 Exhibit Exhibit 99.1FOR IMMEDIATE RELEASESMARTFINANCIAL,…
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About SMARTFINANCIAL, INC. (NASDAQ:SMBK)

SmartFinancial, Inc., formerly Cornerstone Bancshares, Inc., is a bank holding company. The Company operates through its SmartBank subsidiary (The Bank). The principal business of the Bank consists of attracting deposits from the public and investing those funds, together with funds generated from operations and from principal and interest payments on loans. It offers commercial real estate-mortgage, consumer real estate-mortgage, construction and land development, commercial and industrial, and consumer and other loans. The Bank’s investment portfolio consists of Federal agency bonds, mortgage-backed securities, and state and municipal securities. The Bank provides a range of deposit services to businesses and individuals, including non-interest bearing checking accounts, interest bearing checking accounts, savings accounts, money market accounts, individual retirement accounts (IRAs) and certificates of deposit (CDs). SmartBank operates in approximately seven banking offices.