8-K
NEW PEOPLES BANKSHARES INC (NWPP)
UNITED STATES
SECURITIESAND EXCHANGE COMMISSION
Washington,D.C. 20549
Form 8-K
Current Report
Pursuantto Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 15, 2020
New PeoplesBankshares, Inc.
(Exact name of registrant as specified in its charter)
CommissionFile Number: 000-33411
| VA | 31-1804543 |
|---|---|
| (State or other jurisdiction of | (IRS Employer |
| incorporation) | Identification No.) |
67 CommerceDrive
Honaker,VA 24260
(Address of principal executive offices, including zip code)
(276) 873-7000
(Registrant’s telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act: None.
| Title of each class: | Trading Symbol(s) | Name of each exchange on which registered: |
|---|
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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 13(a) of the Exchange Act. ¨
Item 8.01 – Other Events
On April 15, 2020, New Peoples Bankshares, Inc. (the “Company”) issued a press release announcing the indefinite postponement of the annual meeting of shareholders due to the ongoing health concerns related to the novel coronavirus (COVID-19) pandemic. The meeting will be rescheduled for later in 2020, and an announcement of the rescheduled meeting will be issued once that date is determined.
A copy of the Company’s press release is attached as Exhibit 99.1 to this Form 8-K and is incorporated herein by reference.
Item 9.01 – FinancialStatements and Exhibits
| (d) | Exhibits. |
|---|---|
| Exhibit No. | Description |
| --- | --- |
| 99.1 | Press release dated April 15, 2020 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| New Peoples Bankshares, Inc. | |
|---|---|
| Date: April 15, 2020 | /s/ John<br> J. Boczar<br><br><br><br><br><br><br><br><br><br><br><br><br>* * * |
| John J. Boczar | |
| Executive Vice<br> President, Chief Financial Officer |
EXHIBIT 99.1
NEW PEOPLESBANKSHARES, INC. ANNOUNCES POSTPONEMENT OF ANNUAL MEETING
April 15, 2020 (Honaker, VA) -- New Peoples Bankshares, Inc. (OTCBB: NWPP) announced the postponement of its annual meeting of shareholders due to the ongoing health concerns related to the novel coronavirus (COVID-19) pandemic.
Todd Asbury, president and chief executive officer stated, “Due to the continuing health concerns related to the COVID-19 pandemic, and the resulting restrictions on non-essential travel and public gatherings, we are postponing our annual meeting, originally scheduled for May 19, 2020. Once a timeline is established for an easing of the travel restrictions and public gatherings, we will announce a date for the rescheduled meeting and provide the appropriate notice and documentation to our shareholders.”
Contact Information:
New Peoples Bankshares, Inc.
C. Todd Asbury, President and CEO
(276) 873-7000