---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-034232"
form_type: "8-K"
ticker: "CBNK"
cik: "0001419536"
company_name: "Capital Bancorp Inc"
filed_at: "2024-07-25T23:59:59+00:00"
generated_at: "2026-05-31T16:14:59.801259+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Capital Bancorp adds proxy disclosures for IFH merger after shareholder demands

## Summary
- Shareholder demand letters alleged omitted material info; CBNK voluntarily supplements proxy but denies merit.
- Raymond James advisory fee for IFH merger: greater of ~$1.2M or 1.375%–2.5% of transaction value, plus $350K opinion fee credited.
- Stephens DCF analysis for CBNK: NPV per share without synergies $31.11, with synergies $40.80, using 16.0% discount rate.
- Revised selected companies and transactions tables added to proxy; shareholder vote still set for August 15, 2024.
- Supplemental disclosures include DCF details, fee structures, and updated public company comparison tables.

## SEC filing metadata
- accession: 0001140361-24-034232
- form_type: 8-K
- ticker: CBNK
- cik: 0001419536
- company_name: Capital Bancorp Inc
- filed_at: 2024-07-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1419536/000114036124034232/0001140361-24-034232-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1419536/000114036124034232/ef20033103_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-034232
- JSON: https://secwatch.observer/filing/0001140361-24-034232.json
- Plain text: https://secwatch.observer/filing/0001140361-24-034232.txt

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