secwatch.observer — SEC 8-K summary
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Issuer:     CB Financial Services, Inc. (CBFV)
CIK:        0001605301
Form:       8-K
Filed at:   2023-12-08T23:59:59+00:00
Accession:  0001605301-23-000049
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CB Financial completes sale of Exchange Underwriters for $30.5M cash
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- Sale of wholly owned insurance agency Exchange Underwriters to World Insurance Associates for $30.5M cash plus potential earn-outs.
- Director Richard Boyer resigned from all boards effective December 8; board sizes reduced accordingly.
- Transaction closed on December 8, 2023; Community Bank remains CB's sole banking subsidiary.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1605301/000160530123000049/0001605301-23-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1605301/000160530123000049/cbfv-20231208.htm
  HTML page:      https://secwatch.observer/filing/0001605301-23-000049

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