8-K
filed June 24, 2024, 7:59 PM ET
ticker BRBS
CIK 0000842717
other material
confidence high
sentiment neutral
materiality 0.55
Blue Ridge Bankshares increases authorized shares to 150M; shareholders approve preferred conversion
BLUE RIDGE BANKSHARES, INC.
- Five directors retiring effective Sept 25, 2024 annual meeting: voluntary (Farmar, Holzwarth, Janney) and mandatory age (Dean, Dees).
- Shareholders approved amendment increasing authorized common shares from 50M to 150M at June 20 special meeting.
- Shareholders also approved issuance of >20% of outstanding common stock upon conversion of Series B & C preferred stock and warrants.
- For Proposal 1 (stock issuance): 12,214,396 for, 2,994,872 against, 71,128 abstain, 3,400,000 broker non-votes.
- For Proposal 2 (share increase): 15,485,636 for, 3,097,551 against, 97,208 abstain, 0 broker non-votes.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Andrew C. Holzwarth retired as Director at BLUE RIDGE BANKSHARES, INC..
- Action
- retired
- Role
- Director
Exact text from the filing
Richard A. Farmar, III, Andrew C. Holzwarth and Robert S. Janney, directors of Blue Ridge Bankshares, Inc. (the “Company”) and Blue Ridge Bank, National Association (the “Bank”), a wholly-owned subsidiary of the Company, each notified the Company and the Bank that they are voluntarily retiring from the Boards of Directors of the Company and the Bank effective as of the date of the Company’s 2024 annual meeting of shareholders
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Larry Dees retired as Director at BLUE RIDGE BANKSHARES, INC..
- Action
- retired
- Role
- Director
Exact text from the filing
the Company announced that Mensel D. Dean, Jr. and Larry Dees, directors of the Company and the Bank, are retiring from the Boards of Directors of the Company and the Bank effective as of the date of the Annual Meeting pursuant to the Company’s mandatory director retirement age provision set forth in the Company’s Bylaws
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Richard A. Farmar, III retired as Director at BLUE RIDGE BANKSHARES, INC..
- Action
- retired
- Role
- Director
Exact text from the filing
Richard A. Farmar, III, Andrew C. Holzwarth and Robert S. Janney, directors of Blue Ridge Bankshares, Inc. (the “Company”) and Blue Ridge Bank, National Association (the “Bank”), a wholly-owned subsidiary of the Company, each notified the Company and the Bank that they are voluntarily retiring from the Boards of Directors of the Company and the Bank effective as of the date of the Company’s 2024 annual meeting of shareholders
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Mensel D. Dean, Jr. retired as Director at BLUE RIDGE BANKSHARES, INC..
- Action
- retired
- Role
- Director
Exact text from the filing
the Company announced that Mensel D. Dean, Jr. and Larry Dees, directors of the Company and the Bank, are retiring from the Boards of Directors of the Company and the Bank effective as of the date of the Annual Meeting pursuant to the Company’s mandatory director retirement age provision set forth in the Company’s Bylaws
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Robert S. Janney retired as Director at BLUE RIDGE BANKSHARES, INC..
- Action
- retired
- Role
- Director
Exact text from the filing
Richard A. Farmar, III, Andrew C. Holzwarth and Robert S. Janney, directors of Blue Ridge Bankshares, Inc. (the “Company”) and Blue Ridge Bank, National Association (the “Bank”), a wholly-owned subsidiary of the Company, each notified the Company and the Bank that they are voluntarily retiring from the Boards of Directors of the Company and the Bank effective as of the date of the Company’s 2024 annual meeting of shareholders
View on SEC.gov
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