---
schema_version: "secwatch.filing_event.v1"
accession: "0001747068-23-000035"
form_type: "8-K"
ticker: "MCBS"
cik: "0001747068"
company_name: "MetroCity Bankshares, Inc."
filed_at: "2023-05-19T23:59:59+00:00"
generated_at: "2026-06-14T19:55:53.304963+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.1
calibrated_materiality_score: 0.1
confidence: "high"
source: SEC EDGAR
---

# Shareholders elect four Class II directors and ratify Crowe LLP at 2023 annual meeting

## Summary
- Directors elected: Frank Glover (17,507,384 for), William Hungeling (17,769,745), Francis Lai (15,129,818), Nack Paek (17,765,105).
- Auditor ratification: 20,065,155 votes for Crowe LLP, 3,125 against, 35,501 abstentions.
- Turnout: 20,103,781 shares represented (79.96% of outstanding 25,143,675).
- Broker non-votes of 2,158,986 on director elections did not affect outcome.

## SEC filing metadata
- accession: 0001747068-23-000035
- form_type: 8-K
- ticker: MCBS
- cik: 0001747068
- company_name: MetroCity Bankshares, Inc.
- filed_at: 2023-05-19T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.1
- calibrated_materiality_score: 0.1
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1747068/000174706823000035/0001747068-23-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1747068/000174706823000035/mcbs-20230519x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001747068-23-000035
- JSON: https://secwatch.observer/filing/0001747068-23-000035.json
- Plain text: https://secwatch.observer/filing/0001747068-23-000035.txt

## Key facts
- Shareholder Votes
  MetroCity Bankshares, Inc. shareholders approved To ratify the appointment of Crowe LLP as the Company’s independent registered public accounting firm for the year ended December 31, 2023. at the 2023-05-18 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-05-18
  source text: Proposal 2 – Ratification of Auditors: To ratify the appointment of Crowe LLP as the Company’s independent registered public accounting firm for the year ended December 31, 2023. ​ ​ ​ ​ ​ ​ ​ ​ Votes For ​ Votes Against ​ Abstentions ​ Broker Non-Votes 20,065,155 ​ 3,125 ​ 35,501 ​ —
  evidence_url: https://www.sec.gov/Archives/edgar/data/1747068/000174706823000035/0001747068-23-000035-index.htm
- Shareholder Votes
  MetroCity Bankshares, Inc. shareholders approved To elect four (4) incumbent Class II directors named in the proxy statement to serve until the 2026 Annual Meeting of Shareholders. at the 2023-05-18 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-05-18
  source text: Proposal 1 – Election of Directors: To elect four (4) incumbent Class II directors named in the proxy statement to serve until the 2026 Annual Meeting of Shareholders. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Director ​ Votes For ​ Votes Against ​ Abstentions ​ Broker Non-Votes Frank Glover ​ 17,507,384 ​ 433,799 ​ 3,612 ​ 2,158,986 William J. Hungeling ​ 17,769,745 ​ 171,656 ​ 3,394 ​ 2,158,986 Francis Lai ​ 15,129,818 ​ 2,811,365 ​ 3,612 ​ 2,158,986 Nack Y. Paek ​ 17,765,105 ​ 179,069 ​ 621 ​ 2,158,986
  evidence_url: https://www.sec.gov/Archives/edgar/data/1747068/000174706823000035/0001747068-23-000035-index.htm

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