Cordia Bancorp Inc. Issues Correction to Share Exchange Press Release
29 3월 2013 - 4:49AM
On March 27, 2012 - Cordia Bancorp Inc. inadvertently issued a
draft press release dated April 1, 2013 stating that it had closed
its share exchange with Bank of Virginia (BOVA) and its common
stock was listed on The Nasdaq Stock Market. The share exchange is
expected to be completed on March 29, 2013. Shares of Cordia
Bancorp will commence trading on The Nasdaq Stock Market on Monday,
April 1, 2013 under the symbol "BVA". Upon the closing of the
reorganization, Cordia will have approximately 2,778,900 shares of
common stock outstanding.
About Cordia Bancorp and Bank of Virginia
Cordia Bancorp is a private bank holding company founded in 2009
to bring new leadership and financial strength to undervalued
community banks. Substantially all of the assets of Cordia consist
of its investment in Bank of Virginia. Bank of Virginia, a state
chartered bank headquartered in Midlothian, Virginia, currently
operates four full-service offices in the counties of Chesterfield
and Henrico, Virginia. Additional information can be found on the
internet at www.cordiabancorp.com and www.bankofva.com. Bank of
Virginia is a member of the FDIC and Equal Housing Lender.
Forward-looking Statements
This news release contains forward-looking
statements. These forward-looking statements may include:
management plans relating to the transactions; and the expected
timing of the completion of the transactions. Forward-looking
statements are typically identified by words such as "believe,"
"expect," "anticipate," "intend," "outlook," "estimate,"
"forecast," "project" and other similar words and expressions.
Forward-looking statements are subject to numerous assumptions,
risks and uncertainties, which change over time. Forward-looking
statements speak only as of the date they are made. Neither
Cordia Bancorp nor Bank of Virginia assumes any duty and do not
undertake to update forward-looking statements. Because
forward-looking statements are subject to assumptions and
uncertainties, actual results or future events could differ,
possibly materially, from those that Cordia Bancorp or Bank of
Virginia anticipated in its forward-looking statements and future
results could differ materially from historical performance. For
any forward-looking statements made in this press release or in any
documents, Cordia Bancorp and Bank of Virginia claim the protection
of the safe harbor for forward-looking statements contained in the
Private Securities Litigation Reform Act of 1995.
CONTACT: Jack Zoeller,
Chairman & CEO, Bank of Virginia
President & CEO, Cordia Bancorp
804-763-1333
Bank OF Virginia (NASDAQ:BOVA)
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Bank OF Virginia (NASDAQ:BOVA)
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