secwatch.observer — SEC 8-K summary
======================================

Issuer:     F&M BANK CORP (FMBM)
CIK:        0000740806
Form:       8-K
Filed at:   2022-08-23T23:59:59+00:00
Accession:  0001002105-22-000024
Event type: m_and_a
Sentiment:  positive
Materiality: 0.55
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

F & M Bank Corp. expects ~$4.55M in proceeds from Infinex sale to Advisor Group
-------------------------------------------------------------------------------

- Expected to receive ~$3.8M cash upon close of Infinex/Advisor Group transaction.
- Potential post-closing contingent payments of ~$750k.
- Transaction expected to close Q3 or Q4 2022, subject to regulatory approvals.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/740806/000100210522000024/0001002105-22-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/740806/000100210522000024/fmbform8k08232022.htm
  HTML page:      https://secwatch.observer/filing/0001002105-22-000024

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer