---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-082563"
form_type: "8-K"
ticker: "CARV"
cik: "0001016178"
company_name: "CARVER BANCORP INC"
filed_at: "2023-07-20T23:59:59+00:00"
generated_at: "2026-06-13T05:20:06.061683+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Carver Bancorp raises $1.0M via private placement of 378,788 shares at $2.64/share

## Summary
- Sold 378,788 common shares at $2.64/share to National Community Investment Fund for gross proceeds of $1.0M.
- Shares issued on July 19, 2023, in a private placement exempt from registration under Section 4(a)(2) and Regulation D.
- No underwriting discounts or commissions were incurred in the placement.
- Net proceeds to be used for general corporate purposes; total outstanding common shares now 4,892,517.
- Investment Agreement includes customary representations, warranties, and covenants.

## SEC filing metadata
- accession: 0001104659-23-082563
- form_type: 8-K
- ticker: CARV
- cik: 0001016178
- company_name: CARVER BANCORP INC
- filed_at: 2023-07-20T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1016178/000110465923082563/0001104659-23-082563-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1016178/000110465923082563/tm2321673d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-082563
- JSON: https://secwatch.observer/filing/0001104659-23-082563.json
- Plain text: https://secwatch.observer/filing/0001104659-23-082563.txt

## Key facts
- Material Agreements
  CARVER BANCORP INC entered into Investment Agreement with National Community Investment Fund valued at approximately $1.0 million (effective 2023-07-19).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: National Community Investment Fund
  - Value: approximately $1.0 million
  - Effective: 2023-07-19
  source text: On July 19, 2023, Carver Bancorp, Inc. (the “Company”) entered into an Investment Agreement (the “Investment Agreement”) with National Community Investment Fund (“NCIF”), pursuant to which the Company sold 378,788 shares of the Company’s common stock, par value $0.01 per share, at a purchase price of $2.64 per share (the “Common Stock”) in a private placement (the “Private Placement”) for gross proceeds of approximately $1.0 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1016178/000110465923082563/0001104659-23-082563-index.htm

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