secwatch.observer — SEC 8-K summary
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Issuer:     CARVER BANCORP INC (CARV)
CIK:        0001016178
Form:       8-K
Filed at:   2021-09-30T23:59:59+00:00
Accession:  0001104659-21-121216
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Carver Bancorp raises $4M via private placement of Series F preferred stock to J.P. Morgan
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- Sold 4,000 shares of Series F non-cumulative, non-voting, non-convertible participating preferred stock at $1,000/share for $4.0M gross proceeds.
- Proceeds from the private placement will be used for general corporate purposes.
- Shares redeemable at the company's option on or after September 27, 2026.
- Amended certificate of designations increased authorized Series F shares from 5,000 to 9,000.
- No underwriting discounts or commissions; offering exempt under Rule 506 of Regulation D.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1016178/000110465921121216/0001104659-21-121216-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1016178/000110465921121216/tm2128832d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-121216

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