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EX-99.1 - EX-99.1 - Level One Bancorp Inca18-2775_10ex99d1.htm

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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 24, 2018

 

Level One Bancorp, Inc.
(Exact Name of Registrant as Specified in Charter)

 

Michigan

 

 

001-38458

 

71-1015624

(State or Other Jurisdiction of
Incorporation)

 

(Commission File Number)

 

(IRS Employer Identification No.)

 

32991 Hamilton Court
Farmington Hills, Michigan 48334
(Address of Principal Executive Offices) (Zip Code)

 

Registrant’s telephone number, including area code: (248) 737-0300

 

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 (see General Instruction A.2. below):

 

o             Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o             Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o             Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o             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 x

 

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. o

 

 

 



 

Item 8.01.                              Other Events.

 

On April 24, 2018, Level One Bancorp, Inc. (the “Company”) issued a press release announcing that it had completed the sale of 1,150,765 shares of common stock, no par value per share, of the Company (the “Common Stock”), including 180,000 shares of Common Stock sold pursuant to the exercise in full by the underwriters of their option to purchase additional securities, at an initial public offering price of $28.00 per share. The offering was registered pursuant to the Company’s registration statements on Form S-1 (File Nos. 333-223866 and 333-224359). A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

 

Item 9.01.                              Financial Statements and Exhibits.

 

(d)  Exhibits.

 

Exhibit No.

 

Description

 

 

 

 

99.1

 

Press Release of Level One Bancorp, Inc., dated April 24, 2018

 



 

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.

 

Date: April 24, 2018

LEVEL ONE BANCORP, INC.

 

 

 

 

 

 

 

By:

/s/ David C. Walker

 

Name:

David C. Walker

 

Title:

Executive Vice President and Chief Financial Officer