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EX-99.1 - EXHIBIT 99.1 - FOUR OAKS FINCORP INCpressrelease-fy17q2dividend.htm
        

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): April 25, 2017


FOUR OAKS FINCORP, INC.
(Exact name of registrant as specified in its charter)


North Carolina
000-22787
56-2028446
(State or other jurisdiction of
incorporation)
(Commission File
Number)
(I.R.S. Employer
Identification Number)
 
 
 


6114 U.S. 301 South
 
Four Oaks, North Carolina
27524
(Address of principal executive offices)
(Zip Code)



(919) 963-2177
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))
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 25, 2017, the Company issued a press release announcing a cash dividend of $0.01 per share payable on or after May 23, 2017, to shareholders of record on May 8, 2017. The full text of the press release is set forth in Exhibit 99.1 hereto and is incorporated herein by reference.

Item 9.01    Financial Statements and Exhibits.

(d)    Exhibits.

 
Exhibit No.
 
Description of Exhibit
 
 
 
 
 
99.1
 
Press Release issued on April 25, 2017












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.

 
 
FOUR OAKS FINCORP, INC.
 
 
 
 
 
 
By:
/s/ Deanna W. Hart
 
 
 
Deanna W. Hart
 
 
 
Executive Vice President, Chief Financial Officer


Date: April 25, 2017





        

EXHIBIT INDEX

 
Exhibit No.
 
Description of Exhibit
 
 
 
 
 
99.1
 
Press Release issued on April 25, 2017