secwatch.observer — SEC 8-K summary
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Issuer:     EAGLE FINANCIAL SERVICES INC (EFSI)
CIK:        0000880641
Form:       8-K
Filed at:   2025-02-07T23:59:59+00:00
Accession:  0001193125-25-022730
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Eagle Financial Services prices 1.56M share offering at $32/sh, net proceeds ~$46.4M
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- Offering of 1,562,500 shares at $32.00/share; expected net proceeds ~$46.4M after underwriting discounts and expenses.
- Underwriters granted 30-day option to purchase up to 234,375 additional shares at same price.
- Proceeds may be used for balance sheet restructuring, including repositioning AFS debt securities portfolio.
- Shares expected to begin trading on Nasdaq on Feb 7, 2025 under symbol EFSI (previously OTCQX).
- Closing expected Feb 10, 2025; KBW sole bookrunner, D.A. Davidson lead manager.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/880641/000119312525022730/0001193125-25-022730-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/880641/000119312525022730/d861882d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-022730

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