secwatch.observer — SEC 8-K summary
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Issuer:     FIRST NATIONAL CORP /VA/ (FXNC)
CIK:        0000719402
Form:       8-K
Filed at:   2024-09-03T23:59:59+00:00
Accession:  0001437749-24-028269
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First National shareholders approve merger with Touchstone; votes 5.19M for, 0.48M against
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- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/719402/000143774924028269/0001437749-24-028269-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/719402/000143774924028269/fxnc20240828_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-028269

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