First United Corp Files 8-K on Financial Results, Nasdaq Listing
Ticker: FUNC · Form: 8-K · Filed: Feb 5, 2024 · CIK: 763907
Complexity: simple
Sentiment: neutral
Topics: financial-results, regulation-fd, corporate-filing
TL;DR
**First United Corp just dropped an 8-K with financial results and Nasdaq listing info.**
AI Summary
First United Corporation filed an 8-K on February 5, 2024, to announce its financial results and other disclosures. This filing indicates that the company's common stock, trading under the symbol FUNC, is registered on the Nasdaq Stock Market. Investors should note this filing provides updated financial information, which is crucial for evaluating the company's recent performance and future prospects.
Why It Matters
This filing updates investors on First United Corporation's financial condition and confirms its listing on the Nasdaq, providing transparency and current information for investment decisions.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial results and does not indicate any immediate new risks, but rather provides updated information.
Analyst Insight
Investors should review the full financial statements and exhibits referenced in this 8-K to understand the detailed results of operations and financial condition, as this summary 8-K only indicates the filing of such information.
Key Players & Entities
- First United Corporation (company) — the registrant filing the 8-K
- Nasdaq Stock Market (company) — the exchange where First United Corporation's common stock is registered
- FUNC (other) — the trading symbol for First United Corporation's common stock
FAQ
What is the purpose of this 8-K filing by First United Corporation?
This 8-K filing by First United Corporation is a current report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, specifically reporting on 'Results of Operations and Financial Condition' and 'Regulation FD Disclosure' as of February 5, 2024.
On what date was the earliest event reported in this 8-K filing?
The date of the earliest event reported in this 8-K filing is February 5, 2024.
What is the trading symbol and exchange for First United Corporation's common stock?
The common stock of First United Corporation trades under the symbol FUNC and is registered on the Nasdaq Stock Market.
What is the business address of First United Corporation as stated in the filing?
The business address of First United Corporation is 19 South Second Street, Oakland, Maryland 21550.
Is First United Corporation considered an emerging growth company according to this filing?
The filing indicates that First United Corporation is NOT an emerging growth company, as the box for emerging growth company status is not checked.
Filing Stats: 619 words · 2 min read · ~2 pages · Grade level 10.9 · Accepted 2024-02-05 16:31:19
Filing Documents
- tm245232d1_8k.htm (8-K) — 26KB
- tm245232d1_ex99-1.htm (EX-99.1) — 890KB
- tm245232d1_ex99-2.htm (EX-99.2) — 74KB
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02. Results of Operation and Financial Condition
Item 2.02. Results of Operation and Financial Condition. On February 5, 2024, First United Corporation (the "Corporation") issued a press release describing its financial results for the three- and twelve-month periods ended December 31, 2023. A copy of the press release is furnished herewith as Exhibit 99.1. The information contained in this Item 2.02 shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by reference in any filing under the Securities Act of 1933, as amended (the "Securities Act"), or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. On February 5, 2024, the Corporation published an investor presentation that discusses certain aspects of its financial results for the three- and twelve- month periods ended December 31, 2023. A copy of the presentation is furnished herewith as Exhibit 99.2. The information contained in this Item 7.01 shall not be deemed "filed" for purposes of Section 18 of the Exchange Act or incorporated by reference in any filing under the Securities Act or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. The exhibits filed or furnished with this report are listed in the following Exhibit Index: Exhibit No. Description 99.1 Press release dated February 5, 2024 (furnished herewith) 99.2 Investor presentation dated February 5, 2024 (furnished herewith) 104 Cover page interactive data file (embedded within the iXBRL document) - 2 -
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. FIRST UNITED CORPORATION Dated: February 5, 2024 By: /s/ Tonya K. Sturm Tonya K. Sturm Senior Vice President & CFO - 3 -