Atlantic Union Bankshares Files 8-K

TL;DR

AUBN filed an 8-K on Jan 13, 2025, with stock details.

AI Summary

Atlantic Union Bankshares Corporation filed an 8-K on January 13, 2025, reporting on other events and financial statements. The filing includes details about common stock and Series A preferred stock as of January 13, 2025. The company is incorporated in Virginia and its fiscal year ends on December 31.

Why It Matters

This filing provides an update on the company's corporate structure and financial instruments, which is important for investors tracking its equity.

Risk Assessment

Risk Level: low — The filing is a routine 8-K reporting on corporate events and financial statements, not indicating any immediate financial distress or significant new risks.

Key Numbers

• 2025-01-13 — Report Date (The filing reports events as of this date.)
• 1231 — Fiscal Year End (Indicates when the company's financial year concludes.)

Key Players & Entities

• Atlantic Union Bankshares Corporation (company) — Registrant
• Virginia (location) — State of incorporation
• January 13, 2025 (date) — Date of earliest event reported
• 001-39325 (other) — Commission File Number
• 54-1598552 (other) — IRS Employer Identification No.

FAQ

Key Financial Figures

• $1.33 — ch registered Common Stock, par value $1.33 per share AUB New York Stock Exchan

Filing Documents

• tm253201d1_8k.htm (8-K) — 59KB
• tm253201d1_ex99-1.htm (EX-99.1) — 37KB
• tm253201d1_ex99-1img01.jpg (GRAPHIC) — 8KB
• tm253201d1_ex99-1img02.jpg (GRAPHIC) — 6KB
• 0001104659-25-003147.txt ( ) — 345KB
• aub-20250113.xsd (EX-101.SCH) — 3KB
• aub-20250113_def.xml (EX-101.DEF) — 26KB
• aub-20250113_lab.xml (EX-101.LAB) — 36KB
• aub-20250113_pre.xml (EX-101.PRE) — 25KB
• tm253201d1_8k_htm.xml (XML) — 5KB

01

Item 8.01 Other Events. On January 13, 2025, the Federal Reserve Bank of Richmond, acting on delegated authority from the Board of Governors of the Federal Reserve System, approved Atlantic Union Bankshares Corporation's ("Atlantic Union") application with respect to the previously announced merger (the "holding company merger") between Atlantic Union and Sandy Spring Bancorp, Inc. ("Sandy Spring") pursuant to the Agreement and Plan of Merger, dated as of October 21, 2024, by and between Atlantic Union and Sandy Spring. Immediately following the holding company merger, Sandy Spring Bank, Sandy Spring's wholly owned subsidiary bank, will merge with and into Atlantic Union Bank, Atlantic Union's wholly owned subsidiary bank (the "bank merger" and together with the holding company merger, the "mergers"). The mergers remain subject to the approval of the Virginia Bureau of Financial Institutions, the Maryland Office of Financial Regulation, the shareholders of Atlantic Union and the stockholders of Sandy Spring, as well as other customary closing conditions. On January 13, 2025, Atlantic Union and Sandy Spring issued a joint press release announcing that they have received the foregoing approval. A copy of the joint 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 No. Description of Exhibit 99.1 Joint Press Release of Atlantic Union Bankshares Corporation and Sandy Spring Bancorp, Inc. 104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL Cautionary Note Regarding Forward-Looking Certain statements in this Form 8-K constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Rule 175 promulgated thereunder, and Section 21E of the Securities Exchange Act of 1934, as amended, and Rule 3b-6 promulgated thereunder, which statements involve inherent risks and uncertainties. Examples of forward-looking statements include, but are not limited to, statements regarding the outlook and expectations of Atlantic Union and Sandy Spring, respectively, with respect to the proposed transaction, the strategic benefits and financial benefits of the proposed transaction, including the expected impact of the proposed transaction on the combined company's future financial performance (including anticipated accretion to earnings per share, the tangible book value earn-back period and other operating and return metrics), the timing of the closing of the proposed transaction, and the ability to successfully integrate the combined businesses. Such statements are often characterized by the use of qualified words (and their derivatives) such as "may," "will," "anticipate," "could," "should," "would," "believe," "contemplate," "expect," "estimate," "continue," "plan," "project" and "intend," as well as words of similar meaning or other to

SIGNATURES

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. ATLANTIC UNION BANKSHARES CORPORATION (Registrant) Date: January 13, 2025 By: /s/ Robert M. Gorman Robert M. Gorman Executive Vice President and Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR