Atlantic Union Bankshares Corporation
07/01/2022 | Press release | Distributed by Public on 07/01/2022 05:34
Regulation FD Disclosure - Form 8-K
United States
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 30, 2022
ATLANTIC UNION BANKSHARES CORPORATION
(Exact name of registrant as specified in its charter)
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Virginia |
001-39325 |
54-1598552 |
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(State or other jurisdiction |
(Commission |
(I.R.S. Employer |
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of incorporation) |
File Number) |
Identification No.) |
1051 East Cary Street
Suite 1200
Richmond, Virginia23219
(Address of principal executive offices, including Zip Code)
Registrant's telephone number, including area code: (804)633-5031
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
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Title of each class |
Trading Symbol(s) |
Name of each exchange on which registered |
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Common Stock, par value $1.33 per share |
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AUB |
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The NASDAQ Global Select Market |
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Depositary Shares, Each Representing a 1/400th Interest in a Share of 6.875% Perpetual Non-Cumulative Preferred Stock, Series A |
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AUBAP |
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The NASDAQ Global Select Market |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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Emerging growth company |
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If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. |
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Item 7.01 Regulation FD Disclosure.
As previously disclosed, on June 5, 2022, Atlantic Union Bankshares Corporation (the "Company") and Atlantic Union Bank (the "Bank") executed a definitive agreement to transfer the Bank's ownership interest in Dixon, Hubard, Feinour & Brown, Inc. ("Dixon Hubard") to Cary Street Partners Financial LLC ("CSP") in exchange for a minority ownership interest in CSP. On June 30, 2022, the Company, the Bank and CSP closed the transaction as scheduled pursuant to the definitive agreement.
The information disclosed in this Item 7.01 is furnished and shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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ATLANTIC UNION BANKSHARES CORPORATION |
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Date: July 1, 2022 |
By: |
/s/ Robert M. Gorman |
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Robert M. Gorman |
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Executive Vice President and |
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Chief Financial Officer |
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