Carver Bancorp, Inc. Definitively Rejects Dream Chasers' Offer [Yahoo! Finance]
Carver Bancorp, Inc. (CARV)
US:NASDAQ Investor Relations:
carverbank.com
Company Research
Source: Yahoo! Finance
Savings Bank (the "Bank"), a certified Community Development Financial Institution ("CDFI") and designated Minority Depository Institution ("MDI"), announced today that its Board of Directors (the "Board") reviewed and thoroughly rejected an offer by Dream Chasers Capital Group ("Dream Chasers") to acquire 35% interest in Carver's common equity. The Board determined that the adverse publicly disclosed regulatory history of Dream Chasers' leadership posed unacceptable reputational risks to Carver's standing and mission credibility. The Board noted the potential impact of such reputational risk on Carver's relationship with its shareholders, third-party stakeholders, regulators, and customers. Furthermore, a comprehensive review of the Dream Chasers proposal found it to be wholly deficient with respect to structural details, implied valuation, dilution, and the basic disclosure of financial and managerial resources. In particular, the Board noted the following contributing factors i
Show less
Read more
Impact Snapshot
Event Time:
CARV
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CARV alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CARV alerts
High impacting Carver Bancorp, Inc. news events
Weekly update
A roundup of the hottest topics
CARV
News
- Carver Bancorp, Inc. (NASDAQ: CARV) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Carver Bancorp, Inc. (NASDAQ: CARV) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Carver Bancorp, Inc. (NASDAQ: CARV) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Carver Bancorp, Inc. (NASDAQ: CARV) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Carver Bancorp, Inc. (NASDAQ: CARV) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
CARV
Sec Filings
- 2/28/24 - Form 4
- 2/22/24 - Form 8-K/A
- 2/21/24 - Form 8-K
- CARV's page on the SEC website