Post-effective Amendment to an S-3d Filing (s-3dpos)
29 Juin 2016 - 11:06PM
Edgar (US Regulatory)
As filed with the Securities and Exchange Commission on June 29, 2016
Registration No. 333-180993
UNITED STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington, D.C. 20549
POST-EFFECTIVE
AMENDMENT NO. 1 TO FORM S-3
REGISTRATION STATEMENT
Under
THE SECURITIES ACT
OF 1933
Monarch Financial Holdings, Inc.
(Exact name of registrant as specified in its charter)
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Virginia
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20-4985388
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(State or other jurisdiction of
incorporation or organization)
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(I.R.S. Employer
Identification No.)
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1435 Crossways Blvd.
Chesapeake, Virginia 23320
(757) 389-5111
(Address,
including zip code, and telephone number, including area
code, of registrants principal executive office)
Clyde E. McFarland, Jr.
Senior Executive Vice President and Chief Financial Officer
TowneBank
5716 High
Street
Portsmouth, Virginia 23703
(757) 638-7500
(Name,
address, including zip code, and telephone number,
including area code, of agent for service)
Copies to:
Scott
H. Richter, Esq.
LeClairRyan, A Professional Corporation
919 East Main Street
24th Floor
Richmond,
Virginia 23219
(804) 783-2003
Approximate
Date of Commencement of Proposed Sale to the Public:
Not applicable.
If the only securities being registered on this Form are being
offered pursuant to dividend or interest reinvestment plans, please check the following box.
x
If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the
Securities Act of 1933, other than securities offered only in connection with dividend or interest reinvestment plans, check the following box.
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If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, please check the
following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering.
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If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the
Securities Act registration statement number of the earlier effective registration statement for the same offering.
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If this Form is a registration statement pursuant to General Instruction I.D. or a post-effective amendment thereto that shall become effective
upon filing with the Commission pursuant to Rule 462(e) under the Securities Act, check the following box.
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If this Form is a post-effective amendment to a registration statement filed pursuant to General Instruction I.D. filed to register additional
securities or additional classes of securities pursuant to Rule 413(b) under the Securities Act, check the following box.
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Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller
reporting company. See the definitions of large accelerated filer, accelerated filer and smaller reporting company in Rule 12b-2 of the Exchange Act. (Check one):
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Large accelerated filer
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Accelerated filer
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þ
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Non-accelerated filer
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Smaller reporting company
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(Do not check if a smaller reporting company)
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EXPLANATORY NOTE
This Post-Effective Amendment No. 1 relates to the following Registration Statement on Form S-3 (the Registration
Statement):
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Registration Statement No. 333-180993, pertaining to the registration of 500,000 shares of Monarch Financial Holdings, Inc. common stock in connection with the Monarch Financial Holdings, Inc. Dividend Reinvestment
and Stock Purchase Plan.
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On June 24, 2016, pursuant to the Agreement and Plan of Reorganization, dated as of
December 16, 2015, by and among TowneBank, Monarch Financial Holdings, Inc. (Monarch) and Monarch Bank, and a related Plan of Merger, Monarch was merged with and into TowneBank (the Merger). As a result of the Merger,
Monarch ceased to exist as of 5:02 p.m. on June 24, 2016.
As a result of the Merger, the offering pursuant to the Registration
Statement has been terminated. In accordance with the undertakings made by Monarch in the Registration Statement to remove from registration by means of a post-effective amendment any of the securities that remain unsold at the termination of
the offering, TowneBank (as successor to Monarch) hereby removes from registration the securities of Monarch registered but unsold under the Registration Statement. The Registration Statement is hereby amended, as appropriate, to reflect the
deregistration of such securities.
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SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the registrant (as successor to Monarch Financial Holdings, Inc.) certifies that
it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-3 and has duly caused this post-effective amendment to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of
Portsmouth, Commonwealth of Virginia, on this 29th day of June, 2016.
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TOWNEBANK
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(as successor to Monarch Financial Holdings, Inc.)
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By:
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/s/ Clyde E. McFarland, Jr.
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Clyde E. McFarland, Jr.
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Senior Executive Vice President
and Chief
Financial Officer
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