---
schema_version: "secwatch.filing_event.v1"
accession: "0000943374-24-000220"
form_type: "8-K"
ticker: "AFBI"
cik: "0001823406"
company_name: "Affinity Bancshares, Inc."
filed_at: "2024-05-30T23:59:59+00:00"
generated_at: "2026-06-01T07:27:43.941670+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Affinity Bancshares enters definitive agreement to sell Affinity Bank for ~$22.50/share cash to APCU

## Summary
- All-cash purchase and assumption; APCU to acquire substantially all assets and assume all liabilities of Affinity Bank.
- Affinity shareholders expected to receive ~$22.50 per share in cash upon liquidation after closing.
- Transaction unanimously approved by both boards; expected close Q4 2024 or Q1 2025 subject to approvals.
- Affinity Bank locations in Newton County and Northwest Atlanta to continue under APCU/Center Parc.
- Hovde Group (APCU) and Performance Trust Capital Partners (Affinity) served as financial advisors.

## SEC filing metadata
- accession: 0000943374-24-000220
- form_type: 8-K
- ticker: AFBI
- cik: 0001823406
- company_name: Affinity Bancshares, Inc.
- filed_at: 2024-05-30T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1823406/000094337424000220/0000943374-24-000220-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1823406/000094337424000220/form8ka-12_053024.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000943374-24-000220
- JSON: https://secwatch.observer/filing/0000943374-24-000220.json
- Plain text: https://secwatch.observer/filing/0000943374-24-000220.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.