ACNB Corp Files 8-K on Shareholder Votes & Other Events
Ticker: ACNB · Form: 8-K · Filed: Dec 19, 2024 · CIK: 715579
Sentiment: neutral
Topics: sec-filing, corporate-governance, financial-reporting
TL;DR
ACNB Corp filed an 8-K detailing shareholder votes and financial updates as of Dec 18, 2024.
AI Summary
ACNB Corporation filed an 8-K on December 19, 2024, reporting on matters submitted to a vote of security holders and other events. The filing includes financial statements and exhibits related to the period ending December 18, 2024. The company is headquartered in Gettysburg, Pennsylvania.
Why It Matters
This filing provides important updates on corporate governance and financial reporting for ACNB Corporation, which may impact investor decisions.
Risk Assessment
Risk Level: low — This is a routine SEC filing reporting on corporate events and financial statements, not indicating any immediate financial distress or significant new risks.
Key Numbers
- 1231 — Fiscal Year End (Indicates the end of the company's annual financial reporting period.)
- 20241218 — Report Date (The earliest date for which events are reported in this filing.)
Key Players & Entities
- ACNB Corporation (company) — Registrant
- Pennsylvania (location) — State of incorporation
- Gettysburg (location) — Principal executive offices city
FAQ
What specific matters were submitted to a vote of security holders?
The filing indicates 'Submission of Matters to a Vote of Security Holders' as an item, but the specific details of these matters are not provided in the excerpt.
What is the primary business of ACNB Corporation?
ACNB Corporation is classified under 'STATE COMMERCIAL BANKS [6022]' according to its SIC code.
When was ACNB Corporation incorporated?
ACNB Corporation was incorporated in Pennsylvania.
What is the IRS Employer Identification Number for ACNB Corporation?
The IRS Employer Identification Number for ACNB Corporation is 23-2233457.
What is the filing date of this 8-K report?
This 8-K report was filed on December 19, 2024.
Filing Stats: 790 words · 3 min read · ~3 pages · Grade level 11.1 · Accepted 2024-12-19 16:13:25
Key Financial Figures
- $2.50 — ange On Which Registered Common Stock, $2.50 par value per share ACNB The NASDAQ Sto
Filing Documents
- acnb-20241218.htm (8-K) — 41KB
- pressrelease202419-acnba.htm (EX-99.1) — 9KB
- pressrelease202419-acnba001.jpg (GRAPHIC) — 170KB
- pressrelease202419-acnba002.jpg (GRAPHIC) — 230KB
- pressrelease202419-acnba003.jpg (GRAPHIC) — 198KB
- 0000715579-24-000139.txt ( ) — 999KB
- acnb-20241218.xsd (EX-101.SCH) — 2KB
- acnb-20241218_lab.xml (EX-101.LAB) — 21KB
- acnb-20241218_pre.xml (EX-101.PRE) — 12KB
- acnb-20241218_htm.xml (XML) — 3KB
07 Submission of Matters to a Vote of Security Holders
ITEM 5.07 Submission of Matters to a Vote of Security Holders On December 18, 2024, ACNB Corporation ("ACNB") held a Special Meeting of Shareholders (the "Special Meeting"). A total of 8,577,773 shares of ACNB's common stock were entitled to vote as of October 21, 2024, the record date for the Special Meeting. There were 5,525,489 shares present virtually or by proxy which constituted a quorum at the Special Meeting, at which the shareholders were asked to vote on three (3) proposals. Set forth below are the matters acted upon by the shareholders at the Special Meeting, and the final voting results of each such proposal. Proposal No. 1 – Approval of Issuance of Shares of ACNB Common Stock The shareholders voted to approve the issuance of shares of ACNB common stock in connection with the merger of Traditions Bancorp, Inc. with and into ACNB South Acquisition Subsidiary, LLC, a wholly-owned subsidiary of ACNB, as contemplated by the Agreement and Plan of Reorganization, dated as of July 23, 2024, by and among ACNB, ACNB South Acquisition Subsidiary, LLC, ACNB Bank, Traditions Bancorp, Inc. and Traditions Bank. The results of the vote were as follows: For Against Abstain 5,459,384 56,484 9,621 Proposal No. 2 – Adjournment or Postponement of Special Meeting The shareholders voted to approve the proposal to adjourn or postpone the Special Meeting of Shareholders, if more time is needed, to allow ACNB to solicit additional votes in favor of issuance of shares of ACNB common stock in connection with the merger. The results of the vote were as follows: For Against Abstain 5,096,245 382,451 46,793 Proposal No. 3 – To Transact Such Other Business The shareholders voted to approve the transaction of such other business as may properly come before the Special Meeting of Shareholders. The results of the vote were as follows: For Against Abstain 2,838,615 2,634,517 52,357 Given that Proposal No. 1 was approved and the adjournment or postponement of the S
01 Other Events
ITEM 8.01 Other Events On December 19, 2024, the Registrant issued a press release announcing the results of the Special Meeting of Shareholders. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
01 Financial Statements and Exhibits
ITEM 9.01 Financial Statements and Exhibits (d) Exhibits. Exhibit Number Description 99. 1 Joint Press Release Announcing Receipt of Shareholder Approvals Dated December 19, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned, thereunto duly authorized. ACNB CORPORATION (Registrant) Dated: December 19, 2024 /s/ Kevin J. Hayes Kevin J. Hayes Senior Vice President/ General Counsel, Secretary & Chief Governance Officer