0001437749-24-012765.txt : 20240423 0001437749-24-012765.hdr.sgml : 20240423 20240423084235 ACCESSION NUMBER: 0001437749-24-012765 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20240423 ITEM INFORMATION: Other Events FILED AS OF DATE: 20240423 DATE AS OF CHANGE: 20240423 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MainStreet Bancshares, Inc. CENTRAL INDEX KEY: 0001693577 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] ORGANIZATION NAME: 02 Finance IRS NUMBER: 812871064 STATE OF INCORPORATION: VA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38817 FILM NUMBER: 24862788 BUSINESS ADDRESS: STREET 1: 10089 FAIRFAX BOULEVARD CITY: FAIRFAX STATE: VA ZIP: 22030 BUSINESS PHONE: (703) 481-4567 MAIL ADDRESS: STREET 1: 10089 FAIRFAX BOULEVARD CITY: FAIRFAX STATE: VA ZIP: 22030 8-K 1 main20240422_8k.htm FORM 8-K main20240422_8k.htm
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 
FORM 8-K
 
CURRENT REPORT
 
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported): April 23, 2024
 
 
mlogo.jpg
 
MainStreet Bancshares, Inc.
(Exact name of Registrant as Specified in Its Charter)
 
 
 
Virginia
001-38817
81-2871064
(State or Other Jurisdiction
of Incorporation)
(Commission File Number)
(IRS Employer
Identification No.)
     
10089 Fairfax Boulevard, Fairfax, VA
  
22030
(Address of Principal Executive Offices)
  
(Zip Code)
 
(703) 481-4567
(Registrant’s Telephone Number, Including Area Code)
 
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
 
 
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):
 
☐         Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
☐         Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
☐         Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
☐         Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
Securities registered pursuant to Section 12(b) of the Act:
 
Title of each class
  
Trading
Symbol(s)
  
Name of each exchange on which registered
Common Stock
  
MNSB
  
The Nasdaq Stock Market LLC
Depositary Shares (each representing a 1/40th
interest in a share of 7.50% Series A Fixed-Rate
Non-Cumulative Perpetual Preferred Stock
  
MNSBP
  
The Nasdaq Stock Market LLC
 
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
 
Emerging growth company  ☒
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☒
 
 
 
 
Item 8.01 Other Events.
 
On April 23, 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 May 10, 2024, to shareholders of record on May 3, 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.”
 
 
 
 
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: April 23, 2024
 
By:
/s/ Thomas J. Chmelik
 
 
 
Name: Thomas J. Chmelik
 
 
 
Title: Chief Financial Officer
 
 
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Document And Entity Information
Apr. 23, 2024
Document Information [Line Items]  
Entity, Registrant Name MainStreet Bancshares, Inc.
Document, Type 8-K
Document, Period End Date Apr. 23, 2024
Entity, Incorporation, State or Country Code VA
Entity, File Number 001-38817
Entity, Tax Identification Number 81-2871064
Entity, Address, Address Line One 10089 Fairfax Boulevard
Entity, Address, City or Town Fairfax
Entity, Address, State or Province VA
Entity, Address, Postal Zip Code 22030
City Area Code 703
Local Phone Number 481-4567
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity, Emerging Growth Company true
Entity, Ex Transition Period true
Amendment Flag false
Entity, Central Index Key 0001693577
CommonStock Custom [Member]  
Document Information [Line Items]  
Title of 12(b) Security Common Stock
Trading Symbol MNSB
Security Exchange Name NASDAQ
DepositaryShares Custom [Member]  
Document Information [Line Items]  
Title of 12(b) Security Depositary Shares
Trading Symbol MNSBP
Security Exchange Name NASDAQ
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