secwatch.observer — SEC 8-K summary
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Issuer:     BV Financial, Inc. (BVFL)
CIK:        0001302387
Form:       8-K
Filed at:   2023-07-25T23:59:59+00:00
Accession:  0000943374-23-000316
Event type: other_material
Sentiment:  positive
Materiality: 0.85
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BV Financial to close mutual-to-stock conversion July 31; Nasdaq listing Aug 1
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- Conversion closing expected after July 31 market close; trading on Nasdaq under BVFL begins Aug 1.
- Company expects to sell 9,798,980 shares at $10.00 per share, including 783,918 shares to ESOP.
- Existing public stockholder shares converted at 1.5309-to-one; cash for fractional shares.
- Total shares outstanding post-conversion approximately 11,374,706 before fractional adjustment.
- All regulatory approvals received for the conversion and stock offering.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1302387/000094337423000316/0000943374-23-000316-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1302387/000094337423000316/form8k.htm
  HTML page:      https://secwatch.observer/filing/0000943374-23-000316

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