Castle Creek Capital Partners VII, LP Amends CF Bankshares Stake

TL;DR

Castle Creek Capital Partners VII, LP updated its 13D filing for CF Bankshares Inc. on 12/12/24.

AI Summary

Castle Creek Capital Partners VII, LP, a significant shareholder, filed an amendment to its Schedule 13D on December 12, 2024, regarding its holdings in CF Bankshares Inc. The filing indicates a change in the beneficial ownership of CF Bankshares Inc. common stock. Castle Creek Capital Partners VII, LP is based in San Diego, CA.

Why It Matters

This amendment signals potential shifts in the ownership structure or strategy of CF Bankshares Inc., which could impact its stock price and future business decisions.

Risk Assessment

Risk Level: medium — Amendments to Schedule 13D filings often indicate changes in a major shareholder's intentions or holdings, which can introduce uncertainty and volatility.

Key Players & Entities

• Castle Creek Capital Partners VII, LP (company) — Filing entity
• CF BANKSHARES INC. (company) — Subject company
• 20241212 (date) — Filing date

FAQ

Key Financial Figures

• $0.01 — ame of Issuer) Common Stock, par value $0.01 per share (Title of Class of Securiti
• $1,542,804 — of Voting Common Stock for proceeds of $1,542,804.05, which represents an amount net of c
• $28.42 — 2, 2024 at a weighted average price of $28.42 per share (in multiple open market, bro
• $28.22 — oker-assisted transactions ranging from $28.22 to $28.65, inclusive); (ii) 7,531 share
• $28 — ted transactions ranging from $28.22 to $28.65, inclusive); (ii) 7,531 shares of Vo
• $28.46 — 3, 2024 at a weighted average price of $28.46 per share (in multiple open market, bro
• $28.25 — oker-assisted transactions ranging from $28.25 to $28.80, inclusive); (iii) 10,645 sha
• $28.33 — 4, 2024 at a weighted average price of $28.33 per share (in multiple open market, bro
• $28.15 — oker-assisted transactions ranging from $28.15 to $28.63, inclusive); (iv) 10,000 shar
• $28.10 — oker-assisted transactions ranging from $28.10 to $28.43, inclusive); (v) 8,861 shares
• $29.28 — 6, 2024 at a weighted average price of $29.28 per share (in multiple open market, bro
• $29.00 — oker-assisted transactions ranging from $29.00 to $29.53, inclusive); (vi) 2,769 share
• $29 — ted transactions ranging from $29.00 to $29.53, inclusive); (vi) 2,769 shares of Vo
• $28.77 — 9, 2024 at a weighted average price of $28.77 per share (in multiple open market, bro
• $28.49 — oker-assisted transactions ranging from $28.49 to $29.27, inclusive) and (vii) 4,609 s

Filing Documents

• tm2430929d1_sc13da.htm (SC 13D/A) — 61KB
• 0001104659-24-128121.txt ( ) — 63KB

of the Schedule 13D is hereby amended

Item 3 of the Schedule 13D is hereby amended and supplemented by adding the following: Between December 2, 2024 and December 10, 2024 (inclusive), Castle Creek Capital Partners VII, LP (“Fund VII”) sold an aggregate of 54,102 shares of Voting Common Stock for proceeds of $1,542,804.05, which represents an amount net of commissions and fees, in various open-market transactions. Additionally, on December 6, 2024, Fund VII exchanged all 160 shares of the Company’s non-voting convertible, perpetual Series D preferred stock, par value $0.01 per share (the “ Exchanged Shares ”), into 16,000 shares of Voting Common Stock (the “ New Shares ”, and such exchange, the “ Exchange ”). Following the Exchange, Fund VII owns 325,649 shares of Voting Common Stock, which includes 309,649 shares of Voting Common Stock owned by Fund VII prior to the Exchange. Item 4. Purpose of Transaction The information in Items 3 and 6 is incorporated by reference. Fund VII entered into the Exchange in the ordinary course of business because of its belief that the New Shares represented an attractive investment in accordance with its investment strategy. Agreement and the applicable federal and state securities laws, the Reporting Persons may dispose of the New Shares (as well as the existing shares of Voting Common Stock owned by the Reporting Persons) from time to time, subject to market conditions and other investment considerations, and may cause the New Shares to be distributed in kind to investors. Other than as described in this Item 4 (including as previously described in the Schedule 13D), each of the Reporting Persons has no present plans or proposals that relate to or would result in any of the events set forth in Items 4(a) through (j) of Schedule 13D. However, each of the Reporting Persons reserves the right to change its plans at any time, as it deems appropriate, in light

(c) of the Schedule

Item 5(c) of the Schedule 13D is hereby amended and supplemented as follows: Except as previously disclosed in the Schedule 13D, Fund VII has engaged in the following open market, broker-assisted transactions with respect to the Voting Common Stock during the last 60 days: (i) 9,687 shares of Voting Common Stock sold on December 2, 2024 at a weighted average price of $28.42 per share (in multiple open market, broker-assisted transactions ranging from $28.22 to $28.65, inclusive); (ii) 7,531 shares of Voting Common Stock sold on December 3, 2024 at a weighted average price of $28.46 per share (in multiple open market, broker-assisted transactions ranging from $28.25 to $28.80, inclusive); (iii) 10,645 shares of Voting Common Stock sold on December 4, 2024 at a weighted average price of $28.33 per share (in multiple open market, broker-assisted transactions ranging from $28.15 to $28.63, inclusive); (iv) 10,000 shares of Voting Common Stock sold on December 5, 2024 at a weighted average price of $28.33 share (in multiple open market, broker-assisted transactions ranging from $28.10 to $28.43, inclusive); (v) 8,861 shares of Voting Common Stock sold on December 6, 2024 at a weighted average price of $29.28 per share (in multiple open market, broker-assisted transactions ranging from $29.00 to $29.53, inclusive); (vi) 2,769 shares of Voting Common Stock sold on December 9, 2024 at a weighted average price of $28.77 per share (in multiple open market, broker-assisted transactions ranging from $28.49 to $29.27, inclusive) and (vii) 4,609 shares of Voting Common Stock sold on December 10, 2024 at a weighted average price of $28.37 per share (in multiple open market, broker-assisted transactions ranging from $28.00 to $29.12, inclusive). 5

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of the knowledge and belief of the undersigned, the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: December 12, 2024 CASTLE CREEK CAPITAL PARTNERS VII, LP By: /s/ Tony Scavuzzo Name: Tony Scavuzzo Title: Managing Principal CASTLE CREEK CAPITAL VII LLC By: /s/ Tony Scavuzzo Name: Tony Scavuzzo Title: Managing Principal 6

View Full Filing

View this SC 13D/A filing on SEC EDGAR