Item 8.01 Other Events.
On September 23, 2021, Primis Financial Corp. (the "Company") announced that
Primis Bank, the wholly-owned banking subsidiary of the Company (the "Bank"),
entered into an agreement with Southern Trust Mortgage, LLC, a regional mortgage
banking company and an affiliate of the Bank ("STM"), pursuant to which STM will
repurchase all of the Bank's common membership interests and a portion of the
Bank's preferred membership interests in STM. A copy of the press release
announcing the proposed transaction is attached hereto as Exhibit 99.1 and
incorporated by reference herein.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
99.1 Press Release, dated September 23, 2021
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
© Edgar Online, source Glimpses