---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-028269"
form_type: "8-K"
ticker: "FXNC"
cik: "0000719402"
company_name: "FIRST NATIONAL CORP /VA/"
filed_at: "2024-09-03T23:59:59+00:00"
generated_at: "2026-05-31T06:42:47.757214+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# First National shareholders approve merger with Touchstone; votes 5.19M for, 0.48M against

## Summary
- Shareholders of First National (FXNC) and Touchstone (TSBA) approved all-stock merger at special meetings on Aug 29, 2024.
- First National vote: 5,188,365 for, 484,351 against; also approved increasing authorized shares to 16M.
- Transaction expected to close in Q4 2024; Touchstone Bank will merge into First Bank after closing.
- Approximately 91% of outstanding shares voted at First National's special meeting (5,686,231 shares).

## SEC filing metadata
- accession: 0001437749-24-028269
- form_type: 8-K
- ticker: FXNC
- cik: 0000719402
- company_name: FIRST NATIONAL CORP /VA/
- filed_at: 2024-09-03T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/719402/000143774924028269/0001437749-24-028269-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/719402/000143774924028269/fxnc20240828_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-028269
- JSON: https://secwatch.observer/filing/0001437749-24-028269.json
- Plain text: https://secwatch.observer/filing/0001437749-24-028269.txt

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