Blue Ridge Bankshares, Inc. Schedule 13G/A reports that Azora Capital and related reporting persons beneficially own 2,703,441 shares of Common Stock, representing approximately 3.0% of the class. The percentage is calculated based on 91,340,481 shares outstanding as of March 2, 2026.
The filing states the shares are directly owned by funds managed by Azora Capital, with shared voting and dispositive power reported as 2,703,441 shares. The Reporting Persons disclaim beneficial ownership beyond their pecuniary interest and reference Exhibit A filed earlier.
Positive
None.
Negative
None.
Insights
Administrative disclosure of a passive 3.0% stake in BRBS.
This Schedule 13G/A reports that the Funds managed by Azora Capital hold 2,703,441 shares with shared voting and dispositive power. The filing uses the issuer's outstanding share count of 91,340,481 as of March 2, 2026.
Reported qualifiers include an express disclaimer of broader beneficial ownership and a reference to Exhibit A. Future filings may update ownership or group status; timing and any transfers are not stated.
Key Figures
Shares outstanding:91,340,481 sharesReported holdings:2,703,441 sharesPercent of class:3.0%
3 metrics
Shares outstanding91,340,481 sharesas of March 2, 2026
Reported holdings2,703,441 sharesOwned by Funds managed by Azora Capital (shared power)
Percent of class3.0%Calculated using outstanding shares as of March 2, 2026
"This Schedule 13G/A reports that Azora Capital is the investment manager"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
Shared Dispositive Powerfinancial
"Shared Dispositive Power 2,703,441.00 9 2,703,441.00"
Beneficial ownershipregulatory
"Each Reporting Person hereby expressly disclaims beneficial ownership in the securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
What stake does Azora Capital report in Blue Ridge Bankshares (BRBS)?
Azora Capital reports beneficial ownership of 2,703,441 shares, equal to approximately 3.0% of common stock. The percentage is based on 91,340,481 shares outstanding as of March 2, 2026, per the filing.
Are the shares directly owned or held on behalf of funds?
The filing states the securities are directly owned by the Funds managed on a discretionary basis by Azora Capital. Azora Capital is identified as the beneficial owner within Rule 13d-3; other investor beneficiaries are not listed.
What voting and dispositive powers are reported by the filers?
Each Reporting Person reports 0 shares of sole voting or dispositive power and 2,703,441 shares of shared voting and dispositive power. Those shared-power figures are repeated throughout the Schedule 13G/A.
Does the filing claim the Reporting Persons form a group?
No. The Reporting Persons expressly disclaim membership in a "group" as defined under Rule 13d-5(b)(1) and disclaim beneficial ownership beyond pecuniary interest, while still reporting shared power over the disclosed shares.
What share count and date did the filing use to calculate percent ownership?
The percent ownership is calculated using 91,340,481 Common Stock issued and outstanding as of March 2, 2026, citing the issuer's Form 10-K filed on March 12, 2026.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
Blue Ridge Bankshares, Inc.
(Name of Issuer)
Common Stock, no par value ("Common Stock")
(Title of Class of Securities)
095825105
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
095825105
1
Names of Reporting Persons
Azora Capital LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
2,703,441.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
2,703,441.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,703,441.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
3.0 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
CUSIP Number(s):
095825105
1
Names of Reporting Persons
Azora Capital GP LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
2,703,441.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
2,703,441.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,703,441.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
3.0 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP Number(s):
095825105
1
Names of Reporting Persons
Ravi Chopra
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
2,703,441.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
2,703,441.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,703,441.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
3.0 %
12
Type of Reporting Person (See Instructions)
IN, HC
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Blue Ridge Bankshares, Inc.
(b)
Address of issuer's principal executive offices:
1801 Bayberry Court Suite 101 Richmond, Virginia 23226
Item 2.
(a)
Name of person filing:
This statement is filed by:
* Azora Capital LP, a Delaware limited partnership ("Azora Capital") registered with the Securities and Exchange Commission (the "SEC"), which serves as the investment manager to certain investment funds and/or accounts (the "Funds"), with respect to the shares of Common Stock (as defined in Item 2(d) below) held by the Funds;
* Azora Capital GP LLC, a Delaware limited liability company ("Azora Capital GP"), which serves as the general partner to Azora Capital, with respect to the shares of Common Stock held by the Funds; and
* Ravi Chopra ("Mr. Chopra"), a United States citizen, who serves as the managing member to Azora Capital GP with respect to the shares of Common Stock held by the Funds.
The foregoing persons are hereinafter sometimes collectively referred to as the "Reporting Persons." Any disclosures herein with respect to persons other than the Reporting Persons are made on information and belief after making inquiry to the appropriate party.
(b)
Address or principal business office or, if none, residence:
The business address of Azora Capital, Azora Capital GP and Mr. Chopra is at 3480 Main Highway, Suite 200, Miami, FL 33133.
(c)
Citizenship:
Azora Capital is a Delaware limited partnership.
Azora Capital GP is a Delaware limited liability company.
Mr. Chopra is a U.S. citizen.
(d)
Title of class of securities:
Common Stock, no par value ("Common Stock")
(e)
CUSIP No.:
095825105
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
The percentages used herein and in the rest of this Schedule 13G are for each Reporting Person and have been calculated based upon 91,340,481 Common Stock issued and outstanding as of March 2, 2026 as reported by the Issuer in its Form 10-K filed with the SEC on March 12, 2026. As of the close of business on March 31, 2026, the Reporting Persons may be deemed to have beneficially owned approximately 3.0% of Common Stock outstanding.
(b)
Percent of class:
3.0%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
2,703,441
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose or to direct the disposition of:
Each Reporting Person hereby expressly disclaims beneficial ownership in the securities reported in this Schedule 13G and membership in a "group" as that term is described in Rule 13d-5(b)(1) of the Securities Exchange Act of 1934, as amended.
2,703,441
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
All of the securities reported in this Schedule 13G are directly owned by the Funds, which are managed on a discretionary basis by Azora Capital (and indirectly, the Reporting Persons), and only Azora Capital has beneficial ownership (within the meaning of Rule 13d-3) of the Common Stock.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
See Exhibit A on Schedule 13G filed by the Reporting Persons with the Securities and Exchange Commission on February 17, 2026.
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Azora Capital LP
Signature:
/s/ Ravi Chopra
Name/Title:
individually and as managing member of Azora Capital GP LLC, for itself and as the general partner of Azora Capital LP
Date:
05/15/2026
Azora Capital GP LLC
Signature:
/s/ Ravi Chopra
Name/Title:
Ravi Chopra, Managing Member
Date:
05/15/2026
Ravi Chopra
Signature:
/s/ Ravi Chopra
Name/Title:
Ravi Chopra, Managing Member
Date:
05/15/2026
Comments accompanying signature: * The Reporting Persons disclaim beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein, and this report shall not be deemed an admission that any such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
