BRBS shareholders approve capital raise and tripling of authorized shares

BLUE RIDGE BANKSHARES, INC.

Capital raise proposal approved: 12.66M for, 918,795 against, 237,623 abstain.
Articles amendment to increase authorized shares from 50M to 150M approved: 15.29M for, 1.84M against.
19.2M shares outstanding; quorum of 17.4M shares present at special meeting.
No adjournment needed; all proposals passed with sufficient votes.

item 5.07

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 1.0

BLUE RIDGE BANKSHARES, INC. shareholders approved Capital Raise Proposal at the 2024-03-06 meeting.

Outcome: passed
Meeting: 2024-03-06

Exact text from the filing

Proposal 1: Capital Raise Proposal Shareholders approved the Capital Raise Proposal. For Against Abstain Non-votes 12,655,931 918,795 237,623 3,607,523

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Shareholder Votes SEC 8-K Item 5.07 confidence 1.0

BLUE RIDGE BANKSHARES, INC. shareholders approved Articles Amendment Proposal at the 2024-03-06 meeting.

Proposal: charter amendment
Outcome: passed
Meeting: 2024-03-06

Exact text from the filing

Proposal 2: Articles Amendment Proposal Shareholders approved the Articles Amendment Proposal. For Against Abstain Non-votes 15,291,932 1,842,381 285,559 0

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224 shareholder votes filed in the last 30 days. Browse all shareholder votes →

BLUE RIDGE BANKSHARES, INC. filing history →

Source: SEC EDGAR

accession 0001193125-24-062311

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