Item 2.01. Completion of Acquisition or Disposition of Assets.
On
Subject to the terms and conditions of the Merger Agreement, at the effective
time of the Merger, each share of HVBC common stock was converted into the right
to receive, subject to the election of the holder, either (x)
A copy of CZFS's press release dated
The foregoing description of the Merger and the Merger Agreement does not
purport to be complete and is qualified in its entirety by reference to the full
text of the Merger Agreement, which is attached as Exhibit 2.1 to the
Current Report on Form 8-K filed by CZFS with the
Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
As previously disclosed, in connection with and effective upon the completion of
the Merger, the Board of Directors of the Company (the "Board") increased the
number of directors that comprise the Board to 13 directors, an increase of one,
and appointed
In addition, in connection with and effective upon completion of the Merger, the
Board of Directors of FCCB (the "FCCB Board") increased the number of directors
that comprise the FCCB Board to 16 directors, an increase of two, and appointed
Item 9.01. Financial Statements and Exhibits
(a) Financial Statements of Business Acquired
The required financial statements will be filed by amendment to this Current Report on Form 8-K within 71 calendar days after the date this Current Report on Form 8-K is required to be filed.
(b) Pro Forma Financial Information
The required pro forma financial information will be filed by amendment to this Current Report on Form 8-K within 71 calendar days after the date this Current Report on Form 8-K is required to be filed.
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(d) Exhibits Exhibit Number Description 99.1 Press Release ofCitizens Financial Services, Inc. datedJune 16, 2023 . 104 Cover Page Interactive Data File (embedded in the cover page formatted in Inline XBRL)
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