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| FCVA > SEC Filings for FCVA > Form 8-K on 14-Jun-2012 | All Recent SEC Filings |
14-Jun-2012
Regulation FD Disclosure
On June 13, 2012, the United States Department of the Treasury announced that it priced its secondary public offering of 10,958 shares of the Fixed Rate Cumulative Perpetual Preferred Stock, Series A (the "Preferred Stock") it holds in First Capital Bancorp, Inc. (the "Company") at $920.11 per share. The Company has been notified that it has successfully bid for the purchase of 5,434 shares of the Preferred Stock for a total purchase price of $4,999,877.74, plus accrued and unpaid dividends on the Preferred Stock from and including May 15, 2012 to the date of closing. The closing of the offering is expected to occur on or about June 19, 2012, subject to customary closing conditions.
As a result of its successful bid in the offering, upon settlement of the transaction, the Company will retire 5,434 of its original sale of 10,958 of shares of Preferred Stock.
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