-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, MByBdEWgVpFCaGLTNJ99/H9CrvGpzuQ8jSsoaXCC841oxDPjWbMcA5cAQeuBJCIO ZbV0fyWkJ1k/vwcDgC1P8A== 0000950123-10-079613.txt : 20100820 0000950123-10-079613.hdr.sgml : 20100820 20100820163653 ACCESSION NUMBER: 0000950123-10-079613 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20100817 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Unregistered Sales of Equity Securities ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20100820 DATE AS OF CHANGE: 20100820 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MIDDLEFIELD BANC CORP CENTRAL INDEX KEY: 0000836147 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 341585111 STATE OF INCORPORATION: OH FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-32561 FILM NUMBER: 101030524 BUSINESS ADDRESS: STREET 1: 15985 E HIGH ST STREET 2: P O BOX 35 CITY: MIDDLEFILED STATE: OH ZIP: 44062-9263 BUSINESS PHONE: 4406321666 MAIL ADDRESS: STREET 1: 15985 EAST HIGH STREET STREET 2: P O BOX 35 CITY: MIDDLEFIELD STATE: OH ZIP: 44062-9263 8-K 1 l40561e8vk.htm FORM 8-K e8vk
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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): August 17, 2010
 
Middlefield Banc Corp.
(Exact name of registrant specified in its charter)
 
         
Ohio
(State or other jurisdiction of incorporation) 		  000-32561
(Commission File Number) 		  34-1585111
(IRS Employer Identification No.)
     
15985 East High Street, Middlefield, Ohio
(Address of principal executive offices) 		  44062
(Zip Code)
Registrant’s telephone number, including area code (440) 632-1666
[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 Instruction A.2. below):
o     Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o     Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)
 
 

 

 

Item 1.01: Entry into a Material Definitive Agreement
Item 3.02: Unregistered Sales of Equity Securities
Item 7.01: Regulation FD Disclosure
     On August 17, 2010 we entered into a Sales Agency Agreement with a Midwest investment banking firm that specializes in the financial institutions industry. The Sales Agency Agreement provides for the offer and sale for cash of any or all of 1.7 million shares of our common stock at $18 per share, for total gross proceeds of up to $30.6 million. A commission of 5% is payable to the investment banking firm for sale of the stock, except that no commission is payable for sales of up to $5 million to directors and officers and members of their family and a commission of 3% is payable for sales to individuals designated by us. Unless the investment banking firm engages other broker/dealers to assist with sales, the 5% commission declines to 4% for sales from $20 million to $25 million and to 3% for sales exceeding $25 million. The offering is scheduled to end on October 31, 2010, although we may extend the offering to November 30, 2010. The purposes of the offering include reducing debt and supporting subsidiary bank capital. The offering is a best efforts offering made solely to accredited investors, a private offering exempt from registration by Rule 506 of Regulation D. The shares being offered and sold may not be offered or sold in the United States without registration or an applicable exemption from registration.
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.
         
  Middlefield Banc Corp.
 		  
Date: August 20, 2010  /s/ James R. Heslop, II    
  Executive Vice President and Chief Operating   
  Officer   
 

 

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