IPO - EAGLE FINANCIAL SERVICES INC

Form Type: 8-K

Filing Date: 2025-02-13

Corporate Action: Ipo

Type: New

Accession Number: 000095017025019719

Filing Summary: On February 13, 2025, Eagle Financial Services, Inc. announced via a press release that the underwriters for its recently completed public offering exercised their overallotment option, resulting in the sale of an additional 234,375 shares of common stock at a price of $32.00 per share. The net proceeds from this sale are expected to total approximately $7.1 million after accounting for the underwriting discount and commissions. A copy of the press release dated February 13, 2025, is included as Exhibit 99.1 of the filing.

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Form Type: 424B5

Filing Date: 2025-02-07

Corporate Action: Ipo

Type: New

Accession Number: 000119312525022297

Filing Summary: Eagle Financial Services, Inc. is offering 1,562,500 shares of common stock with a par value of $2.50 per share. The common stock has been approved for listing on Nasdaq under the symbol 'EFSI' and will start trading on February 7, 2025. As of February 3, 2025, the closing price was $36.25 per share on the OTCQX Market. The offering price is set at $32.00 per share, totaling $50 million before discounts and commissions. After deducting underwriting fees, the proceeds are anticipated to be $47 million. The document mentions a 30-day option for underwriters to purchase an additional 234,375 shares. The Company cautions about various risks impacting investments and discusses its status as a smaller reporting company, which allows for reduced regulatory disclosures. The office is located in Berryville, Virginia, and currently has total assets of $1.88 billion and a shareholder equity of $117.8 million as of September 30, 2024.

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Form Type: 8-K

Filing Date: 2025-02-07

Corporate Action: Ipo

Type: New

Accession Number: 000119312525022730

Filing Summary: On February 6, 2025, Eagle Financial Services, Inc. entered into an underwriting agreement to issue and sell 1,562,500 shares of common stock at a public offering price of $32.00 per share. A 30-day option to purchase an additional 234,375 shares was also granted to underwriters. The offering is expected to generate approximately $46.4 million in net proceeds, intended for general corporate purposes and to strengthen the company's capital ratios. The offering is scheduled to close around February 10, 2025, pending customary conditions. Additionally, press releases announcing the launch and pricing of the Offering were issued on the same day.

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Form Type: 424B5

Filing Date: 2025-02-06

Corporate Action: Ipo

Type: New

Accession Number: 000119312525021765

Filing Summary: Eagle Financial Services Inc. is issuing shares of common stock as part of a public offering that will be listed on the Nasdaq Capital Market under the symbol 'EFSI'. The common stock will commence trading on February 7, 2025, marking the transition from trading on the OTCQX Market. As of February 3, 2025, the closing price of the common stock on OTCQX was $36.25 per share. The offering includes shares with a prospectus supplement dated February 6, 2025, which is part of a shelf registration statement filed with the SEC. The document discusses underwriting, including the underwriters' option to purchase additional shares and the pricing structure, which includes public offering price and underwriting discounts. The company anticipates general corporate purposes for the proceeds, along with certain risks associated with the investment.

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