Avidbank Holdings Files 8-K

TL;DR

Avidbank Holdings filed an 8-K on 8/13 for an 8/11 event, no major news.

AI Summary

Avidbank Holdings, Inc. filed an 8-K on August 13, 2025, reporting an event on August 11, 2025. The filing is categorized under 'Other Events' and does not specify any material changes or transactions.

Why It Matters

This filing indicates a routine update or event for Avidbank Holdings, Inc. without immediate disclosed financial impact.

Risk Assessment

Risk Level: low — The filing is a standard 8-K under 'Other Events' and does not disclose any significant financial or operational changes.

Key Players & Entities

• Avidbank Holdings, Inc. (company) — Registrant
• August 11, 2025 (date) — Earliest event reported
• August 13, 2025 (date) — Filing date
• California (location) — State of incorporation
• San Jose, CA (location) — Principal executive offices

FAQ

Key Financial Figures

• $23.00 — Stock"), at a public offering price of $23.00 per share, in its initial public offeri
• $21.4475 — erwriting discounts and commissions, or $21.4475 per share. Following the full exercise
• $62.2 million — ted offering expenses, of approximately $62.2 million. 1 SIGNATURE Pursuant to the requir

Filing Documents

• avidbankholdings_8k.htm (8-K) — 23KB
• 0001829126-25-006211.txt ( ) — 186KB
• cik0001443575-20250811.xsd (EX-101.SCH) — 3KB
• cik0001443575-20250811_lab.xml (EX-101.LAB) — 33KB
• cik0001443575-20250811_pre.xml (EX-101.PRE) — 22KB
• avidbankholdings_8k_htm.xml (XML) — 4KB

01 Other Events

Item 8.01 Other Events On August 11, 2025, Avidbank Holdings, Inc. (the "Company") completed the sale of 2,610,000 shares of common stock, no par value per share ("Common Stock"), at a public offering price of $23.00 per share, in its initial public offering ("IPO"). Pursuant to the IPO, the Company and Avidbank, a California state-chartered bank, entered into an Underwriting Agreement, dated August 7, 2025 (the "Underwriting Agreement"), with Piper Sandler & Co. and Stephens Inc., as representatives of the several underwriters thereof (the "Representatives"), under which the Company granted the Representatives a 30-day option to purchase up to an additional 391,500 shares of its Common Stock (the "Overallotment Option"). On August 11, 2025, the Representatives notified the Company of their decision to exercise the Overallotment Option in full, purchasing the additional 391,500 shares of Common Stock, at the public offering price less underwriting discounts and commissions, or $21.4475 per share. Following the full exercise of the Overallotment Option, the Company has issued and sold an aggregate total of 3,001,500 shares of Common Stock in connection with the IPO resulting in net proceeds to the Company, after deducting underwriting discounts and commissions and estimated offering expenses, of approximately $62.2 million. 1 SIGNATURE 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 hereunto duly authorized. Dated: August 13, 2025 AVIDBANK HOLDINGS, INC. By: /s/ Victor DeMarco Name: Victor DeMarco Title: Executive Vice President and Chief Legal Officer 2

View Full Filing

View this 8-K filing on SEC EDGAR