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

Issuer:     CARVER BANCORP INC (CARV)
CIK:        0001016178
Form:       8-K
Filed at:   2023-07-20T23:59:59+00:00
Accession:  0001104659-23-082563
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1016178/000110465923082563/0001104659-23-082563-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1016178/000110465923082563/tm2321673d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-082563

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