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Thursday, March 13, 2025

Equity Corporate Actions Alert #2025 - 126
Information Regarding the Merger of Village Bank & Trust Financial Corp. (VBFC)

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  • Industry Announcement

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At a special meeting held on December 19, 2024, the shareholders of Village Bank & Trust Financial Corp. (VBFC) approved a merger with TowneBank (TOWN). The merger is tentatively scheduled to become effective as of 12:01 AM on April 1, 2025, subject to completion of closing conditions. The details are as follows:

Company/Issue: Village Bank and Trust Financial Corp. Common Stock
CUSIP#: 92705T200
Symbol: VBFC
Anticipated Last Trading Date: March 31, 2025
Anticipated Marketplace Effective Date for Suspension: April 1, 2025
Merger Consideration: $80.25 for each share held.

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