Village Bank & Trust Financial Corp. Files 8-K, Reports Delisting Notice
| Field | Detail |
|---|---|
| Company | Village Bank & Trust Financial Corp. |
| Form Type | 8-K |
| Filed Date | Apr 1, 2025 |
| Risk Level | high |
| Sentiment | neutral |
Sentiment: neutral
Topics: delisting, change-of-control, corporate-action
TL;DR
VBFC filing 8-K: Change of control, potential delisting. Big shakeup.
AI Summary
Village Bank & Trust Financial Corp. filed an 8-K on April 1, 2025, reporting a change in control and a notice of delisting or failure to satisfy listing rules. The company was formerly known as Southern Community Financial Corp. and is incorporated in Virginia.
Why It Matters
This filing indicates significant changes for Village Bank & Trust Financial Corp., including potential delisting and a change in control, which could impact its operations and shareholder value.
Risk Assessment
Risk Level: high — The filing mentions a notice of delisting or failure to satisfy listing rules, which is a significant risk for the company and its shareholders.
Key Players & Entities
- Village Bank & Trust Financial Corp. (company) — Registrant
- Southern Community Financial Corp. (company) — Former Company Name
- April 1, 2025 (date) — Date of Report
- Virginia (location) — State of Incorporation
FAQ
What specific event triggered the notice of delisting or failure to satisfy a continued listing rule?
The filing does not specify the exact event that triggered the notice of delisting or failure to satisfy a continued listing rule, but it is reported as an item information for the 8-K filed on April 1, 2025.
What is the nature of the 'Change in Control of Registrant' reported?
The filing lists 'Changes in Control of Registrant' as an item information, but the specific details of the change in control are not provided in the provided text.
When did Village Bank & Trust Financial Corp. change its name from Southern Community Financial Corp.?
Village Bank & Trust Financial Corp. changed its name from Southern Community Financial Corp. on May 14, 2004.
What is the business address and phone number for Village Bank & Trust Financial Corp.?
The business address is 13319 Midlothian Turnpike, Midlothian, VA 23113, and the business phone number is 804-897-3900.
What is the SIC code for Village Bank & Trust Financial Corp.?
The Standard Industrial Classification (SIC) code for Village Bank & Trust Financial Corp. is 6022, which corresponds to State Commercial Banks.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on April 1, 2025 regarding Village Bank & Trust Financial Corp..