secwatch.observer — SEC 8-K summary
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Issuer:     MetroCity Bankshares, Inc. (MCBS)
CIK:        0001747068
Form:       8-K
Filed at:   2026-05-22T20:00:11+00:00
Accession:  0001104659-26-065677
Event type: other_material
Sentiment:  neutral
Materiality: 0.15
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

MetroCity Bankshares shareholders elect all directors, ratify auditors at annual meeting
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- Quorum of 71.19% (20,401,807 of 28,660,042 shares) represented at May 21, 2026 meeting.
- All five director nominees elected: Nack Paek, Frank Glover, William Hungeling, Francis Lai, David Shim (votes for ranged from 14.88M to 17.45M).
- Ratification of Crowe LLP as independent auditor passed with 20,346,364 votes for, 16,551 against, 22,912 abstain.
- Board adopted policy to hold shareholder advisory vote on executive compensation every two years based on non-binding advisory vote results.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1747068/000110465926065677/0001104659-26-065677-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1747068/000110465926065677/mcbs-20260521x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-065677

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