Item 8.01 Other Events

On May 9, 2008, First Capital Bancorp, Inc. (the "Company") filed a Registration Statement on Form S-3. However, it is important to note, that there are no current plans for any officers and directors identified in the Registration Statement to sell any of the registered shares. Rather, the registration statement, which became effective on June 23, 2008, covers 459,164 shares of the Company's common stock that were acquired by certain of the Company's officers and directors on September 8, 2006 in a statutory share exchange transaction pursuant to which the Company became the holding company for First Capital Bank. Because of the manner in which the shares were acquired, they had to be registered with the Securities and Exchange Commission. The May 9, 2008 S-3 filing simply completed this transaction.

---