SEC Form S-8 POS filed by American National Bankshares Inc.

$AMNB
Major Banks
Finance
Get the next $AMNB alert in real time by email
S-8 POS 1 tm2410073d10_s8pos.htm S-8 POS

As filed with the Securities and Exchange Commission on April 1, 2024.

Registration No. 333-228810

Registration No. 333-227481

Registration No. 333-151277

Registration No. 333-35783

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

 

Post-Effective Amendment No. 2 to Registration Statement No. 333-228810

Post-Effective Amendment No. 1 to Registration Statement No. 333-227481

Post-Effective Amendment No. 1 to Registration Statement No. 333-151277

Post-Effective Amendment No. 1 to Registration Statement No. 333-35783

 

to

 

FORM S-8

 

REGISTRATION STATEMENT

UNDER THE SECURITIES ACT OF 1933

 

AMERICAN NATIONAL BANKSHARES INC.

(Exact name of registrant as specified in its charter)

 

Virginia
(State or other jurisdiction
of incorporation or organization)
  54-1284688
(I.R.S. Employer
Identification No.)
     

628 Main Street

Danville, Virginia
(Address of Principal Executive Offices)

  24541
(Zip Code)

 

HomeTown Bank 2005 Stock Option Plan

American National Bankshares Inc. 2018 Equity Compensation Plan

American National Bankshares Inc. 2008 Stock Incentive Plan

American National Bankshares Inc. Stock Option Plan

(Full title of the plans)

 

John C. Asbury

President and Chief Executive Officer

Atlantic Union Bankshares Corporation

4300 Cox Road

Glen Allen, Virginia 23060

(Name and address of agent for service)

 

(804) 633-5031

(Telephone number, including area code, of agent for service)

 

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company.  See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

 

Large accelerated filer ¨ Accelerated filer  x
Non-accelerated filer ¨ Smaller reporting company ¨
(Do not check if a smaller reporting company) Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ¨

 

 

 

 

 

 

EXPLANATORY NOTE

 

DEREGISTRATION OF SECURITIES

 

This Post-Effective Amendment (the “Post-Effective Amendment”) relates to the following Registration Statements on Form S-8 (each, a “Registration Statement” and together, the “Registration Statements”):

 

Registration Statement on Form S-8 (No. 333-228810), pertaining to the registration and sale of 40,753 shares of common stock of American National Bankshares Inc. (the “Company”), $1.00 par value per share (“Common Stock”) in connection with the HomeTown Bank 2005 Stock Option Plan;
Registration Statement on Form S-8 (No. 333-227481), pertaining to the registration and sale of 675,000 shares of Common Stock in connection with the American National Bankshares Inc. 2018 Equity Compensation Plan;
Registration Statement on Form S-8 (No. 333-151277), pertaining to the registration and sale of 500,000 shares of Common Stock in connection with the American National Bankshares Inc. 2008 Stock Incentive Plan; and
Registration Statement on Form S-8 (No. 333-35783), pertaining to the registration and sale of 150,000 shares of Common Stock in connection with the American National Bankshares Inc. Stock Option Plan.

 

On July 15, 1999 the Company issued a 2 for 1 stock split and on October 25, 2004 the Company issued a 6 for 5 stock split. The share amounts listed above for Registration Statement No. 333-35783 is presented on a pre-split basis and do not reflect the stock splits.

 

On April 1, 2024, pursuant to the Agreement and Plan of Merger, dated as of July 24, 2023, by and between Atlantic Union Bankshares Corporation (“Atlantic Union”) and the Company, the Company was merged with and into Atlantic Union (the “Merger”), with Atlantic Union as the surviving corporation. As a result of the Merger, the Company ceased to exist as of 12:01 a.m. on April 1, 2024.

 

As a result of the Merger, the offerings and sale of securities under the above-listed Registration Statements under the Securities Act of 1933, as amended, which have been previously filed with the Securities and Exchange Commission, have been terminated.  In accordance with the undertakings made by the Company in the Registration Statements to remove from registration by means of a post-effective amendment any of the securities that remain unsold at the termination of the offering, Atlantic Union (as successor to the Company) hereby terminates the effectiveness of the Registration Statements and removes from registration the securities of the Company registered but unsold under the Registration Statements as of the date hereof. The Registration Statements are hereby amended, as appropriate, to reflect the deregistration of such securities.

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Act of 1933, the registrant (as successor to American National Bankshares Inc.) certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this post-effective amendment to the Registration Statements to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Glen Allen, Virginia on this 1st day of April, 2024.

 

  ATLANTIC UNION BANKSHARES CORPORATION
  (as successor to American National Bankshares Inc.)
   
  By: /s/ Robert M. Gorman
   

Robert M. Gorman

Executive Vice President and Chief Financial Officer

 

No other person is required to sign this Post-Effective Amendment to each Registration Statement in reliance upon Rule 478 under the Securities Act of 1933, as amended.

 

 

 

Get the next $AMNB alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$AMNB

DatePrice TargetRatingAnalyst
4/6/2023Mkt Perform
Raymond James
12/13/2022$42.00Outperform → Mkt Perform
Keefe Bruyette
10/22/2021$36.50 → $39.50Equal-Weight → Overweight
Stephens & Co.
7/26/2021$35.00 → $37.00Mkt Perform → Outperform
Keefe Bruyette
More analyst ratings

$AMNB
Press Releases

Fastest customizable press release news feed in the world

See more
  • American National Bankshares Reports Fourth Quarter and Full Year 2023 Earnings

    DANVILLE, Va., Jan. 23, 2024 (GLOBE NEWSWIRE) -- American National Bankshares Inc. (NASDAQ:AMNB) ("American National" or the "Company") today reported fourth quarter 2023 earnings of $4.0 million, or $0.38 per diluted common share. Those results compare to earnings of $8.0 million, or $0.76 per diluted common share, during the same quarter in the prior year, and earnings of $5.8 million, or $0.54 per diluted common share, for the third quarter of 2023. Earnings for the twelve months ended December 31, 2023, were $26.2 million, or $2.46 per diluted common share, compared to $34.4 million, or $3.23 per diluted common share, for the same period of 2022. Earnings for the fourth quarter and twe

    $AMNB
    Major Banks
    Finance
  • American National Bankshares Inc. Announces Quarterly Cash Dividend

    DANVILLE, Va., Nov. 21, 2023 (GLOBE NEWSWIRE) -- American National Bankshares Inc. (NASDAQ:AMNB), parent company of American National Bank and Trust Company, announced its Board of Directors has declared a quarterly cash dividend of $0.30 per common share, payable December 15, 2023, to shareholders of record on December 1, 2023. The dividend amount is the same as the prior quarter's dividend and based on the stock's closing price of $43.08 on November 20, 2023, the dividend yield is approximately 2.8%. About American NationalAmerican National is a multi-state bank holding company with total assets of approximately $3.1 billion. Headquartered in Danville, Virginia, American National i

    $AMNB
    Major Banks
    Finance
  • American National Bankshares Reports Third Quarter Earnings

    DANVILLE, Va., Oct. 19, 2023 (GLOBE NEWSWIRE) -- American National Bankshares Inc. (NASDAQ:AMNB) ("American National" or the "Company") today reported third quarter 2023 earnings of $5.8 million, or $0.54 per diluted common share. These results compare to earnings of $9.3 million, or $0.87 per diluted common share, during the same quarter in the prior year, and earnings of $7.1 million, or $0.67 per diluted common share, for the second quarter of 2023. Earnings for the nine months ended September 30, 2023 were $22.1 million, or $2.08 per diluted common share, compared to $26.4 million, or $2.47 per diluted common share, for the same period of 2022. President and Chief Executive Office

    $AMNB
    Major Banks
    Finance

$AMNB
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

See more

$AMNB
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

See more

$AMNB
SEC Filings

See more

$AMNB
Leadership Updates

Live Leadership Updates

See more
  • American National Bankshares Inc. Announces Share Repurchase Authorization

    DANVILLE, Va., Jan. 11, 2021 (GLOBE NEWSWIRE) -- American National Bankshares Inc. (“American National”) (NASDAQ: AMNB), parent company of American National Bank and Trust Company, today announced that its Board of Directors has authorized the repurchase of up to 350,000 shares of American National’s outstanding common stock through December 31, 2021. Repurchases may be made through open market purchases or in privately negotiated transactions at prevailing market prices. The actual means and timing of any purchases, target number of shares and range of prices under the program will be determined by management in its discretion and will depend on a number of factors, including the market p

    $AMNB
    Major Banks
    Finance

$AMNB
Financials

Live finance-specific insights

See more
  • American National Bankshares Reports Fourth Quarter and Full Year 2023 Earnings

    DANVILLE, Va., Jan. 23, 2024 (GLOBE NEWSWIRE) -- American National Bankshares Inc. (NASDAQ:AMNB) ("American National" or the "Company") today reported fourth quarter 2023 earnings of $4.0 million, or $0.38 per diluted common share. Those results compare to earnings of $8.0 million, or $0.76 per diluted common share, during the same quarter in the prior year, and earnings of $5.8 million, or $0.54 per diluted common share, for the third quarter of 2023. Earnings for the twelve months ended December 31, 2023, were $26.2 million, or $2.46 per diluted common share, compared to $34.4 million, or $3.23 per diluted common share, for the same period of 2022. Earnings for the fourth quarter and twe

    $AMNB
    Major Banks
    Finance
  • American National Bankshares Inc. Announces Quarterly Cash Dividend

    DANVILLE, Va., Nov. 21, 2023 (GLOBE NEWSWIRE) -- American National Bankshares Inc. (NASDAQ:AMNB), parent company of American National Bank and Trust Company, announced its Board of Directors has declared a quarterly cash dividend of $0.30 per common share, payable December 15, 2023, to shareholders of record on December 1, 2023. The dividend amount is the same as the prior quarter's dividend and based on the stock's closing price of $43.08 on November 20, 2023, the dividend yield is approximately 2.8%. About American NationalAmerican National is a multi-state bank holding company with total assets of approximately $3.1 billion. Headquartered in Danville, Virginia, American National i

    $AMNB
    Major Banks
    Finance
  • American National Bankshares Reports Third Quarter Earnings

    DANVILLE, Va., Oct. 19, 2023 (GLOBE NEWSWIRE) -- American National Bankshares Inc. (NASDAQ:AMNB) ("American National" or the "Company") today reported third quarter 2023 earnings of $5.8 million, or $0.54 per diluted common share. These results compare to earnings of $9.3 million, or $0.87 per diluted common share, during the same quarter in the prior year, and earnings of $7.1 million, or $0.67 per diluted common share, for the second quarter of 2023. Earnings for the nine months ended September 30, 2023 were $22.1 million, or $2.08 per diluted common share, compared to $26.4 million, or $2.47 per diluted common share, for the same period of 2022. President and Chief Executive Office

    $AMNB
    Major Banks
    Finance

$AMNB
Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more