secwatch.observer — SEC 8-K summary
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Issuer:     COLONY BANKCORP INC (CBAN)
CIK:        0000711669
Form:       8-K
Filed at:   2025-11-07T23:59:59+00:00
Accession:  0000711669-25-000161
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Colony Bankcorp enters $40M at-the-market equity distribution agreement with Piper Sandler
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- Company may sell up to $40M in common stock via ATM offering with Piper Sandler as agent.
- Agent commission up to 3% of gross proceeds; Company also reimburses certain expenses.
- Proceeds for general corporate purposes including bank capital support, debt repayment, and acquisitions.
- Agreement dated November 3, 2025; sales may be suspended by either party at any time.
- Common stock sold under existing S-3 shelf registration (No. 333-291233) filed same day.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/711669/000071166925000161/0000711669-25-000161-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/711669/000071166925000161/cban-20251103.htm
  HTML page:      https://secwatch.observer/filing/0000711669-25-000161

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