Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

FVCBankcorp, Inc. Capital/Financing Update 2021

Aug 30, 2021

33565_rns_2021-08-30_3e802a4e-c4e7-4fa6-90a1-9ef596a84c14.zip

Capital/Financing Update

Open in viewer

Opens in your device viewer

Field: Rule-Page

Field: /Rule-Page

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 30, 2021

FVCBankcorp, Inc.

(Exact name of registrant as specified in its charter)

Virginia 001-38647 47-5020283
(State or other jurisdiction (Commission file number) (IRS Employer
of incorporation) Number)

11325 Random Hills Road Fairfax , Virginia 22030

(Address of Principal Executive Offices) (Zip Code)

( 703 ) 436-3800

Registrant’s telephone number, including area code:

Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (See General Instruction A.2. below):

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities Registered under Section 12(b) of the Act:

Title of Each Class Trading Symbol(s) Name of Each Exchange on Which Registered
Common Stock, $0.01 par value FVCB The Nasdaq Stock Market, LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company x

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 13(a) of the Exchange Act. x

Field: Rule-Page

Field: /Rule-Page

Field: Page; Sequence: 1

Field: /Page

Item 8.01 Other Events.

On August 30, 2021, FVCBankcorp, Inc. (the “Company”) notified the holders of its 6.00% Fixed to Floating Rate Subordinated Notes due June 30, 2026 (the “2026 Notes”) that, on September 30, 2021, the Company will redeem all of the outstanding 2026 Notes in the aggregate principal amount of $25,000,000. The 2026 Notes will be redeemed pursuant to the terms of Section 4 of the 2026 Notes and in full satisfaction of the Company’s obligations thereunder, at an amount equal to 100% of the outstanding principal amount being redeemed plus accrued but unpaid interest, to but excluding September 30, 2021.

Field: Page; Sequence: 2

Field: /Page

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

FVCBANKCORP, INC.

By:
Jennifer L. Deacon, Executive Vice President and Chief
Financial Officer

Dated: August 30, 2021

Field: Page; Sequence: 3; Options: Last

Field: /Page