MainStreet Bancshares Files 8-K

Ticker: MNSBP · Form: 8-K · Filed: Oct 29, 2024 · CIK: 1693577

Sentiment: neutral

Topics: 8-K, regulatory-filing

Related Tickers: MSNB

TL;DR

MSNB filed an 8-K on 10/29/24 for 'Other Events' - check full filing for details.

AI Summary

On October 29, 2024, MainStreet Bancshares, Inc. filed an 8-K report. The filing indicates "Other Events" as the primary item of disclosure. No specific financial transactions or material events are detailed in the provided text, suggesting a routine or administrative filing.

Why It Matters

This filing signals that MainStreet Bancshares, Inc. has reported a material event to the SEC. Investors should review the full filing for details on the nature of these 'Other Events'.

Risk Assessment

Risk Level: low — The provided text is a standard 8-K filing notification without specific details of negative events, indicating a low immediate risk.

Key Players & Entities

FAQ

What specific 'Other Events' are being reported by MainStreet Bancshares, Inc. in this 8-K filing?

The provided text of the 8-K filing does not specify the nature of the 'Other Events'; it only indicates that this is the item being reported.

When was this 8-K filing submitted to the SEC?

The filing was submitted on October 29, 2024, which is also stated as the date of the earliest event reported.

What is the principal business of MainStreet Bancshares, Inc. according to the filing?

The filing lists the Standard Industrial Classification as 'STATE COMMERCIAL BANKS [6022]'.

Where are MainStreet Bancshares, Inc.'s principal executive offices located?

The principal executive offices are located at 10089 Fairfax Boulevard, Fairfax, VA 22030.

What is the Commission File Number for MainStreet Bancshares, Inc.?

The Commission File Number for MainStreet Bancshares, Inc. is 001-38817.

Filing Stats: 568 words · 2 min read · ~2 pages · Grade level 11.5 · Accepted 2024-10-29 09:16:05

Key Financial Figures

Filing Documents

01 Other Events

Item 8.01 Other Events. On October 29, 2024, the Board of Directors of MainStreet Bancshares, Inc. announced a $0.10 per share cash dividend to common shareholders. The dividend will be paid on November 19, 2024, to shareholders of record on November 12, 2024. The Board of Directors will consider future dividends to common shareholders after its review of the Company's financial condition, results of operations, and other factors. Any subsequent dividend declaration will be subject to the discretion of the Board of Directors. Shares of the Company's Common Stock trade on the Nasdaq Capital Market under the symbol "MNSB." The information furnished under Item 8.01 of this Current Report on Form 8-K, shall not be deemed " filed " for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the " Exchange Act " ), or otherwise subject to the liabilities of that Section, and it shall not be deemed incorporated by reference in any filing under the Exchange Act, or the Securities Act of 1933, as amended, except as expressly set forth by specific reference in such filing to this Form 8-K.

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. MAINSTREET BANCSHARES, INC Date: October 29, 2024 By: /s/ Thomas J. Chmelik Name: Thomas J. Chmelik Title: Chief Financial Officer

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