Meridian Corp enters ATM equity distribution agreement for up to 1M shares

Meridian Corp

Enters Equity Distribution Agreement with D.A. Davidson & Co. for at-the-market offering.
Authorizes sale of up to 1,000,000 shares of common stock ($1 par) at prevailing market prices.
Distribution agent commission set at 2.75% of gross proceeds; $75,000 expense reimbursement cap.
Sales may be suspended by either party; agreement terminates upon sale of 1M shares or earlier termination.
Shares sold under existing effective S-3 registration statement (File No. 333-279631).

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