VersaBank details receivable program expansion in 6-K

VersaBank, a Canadian-based financial institution, submitted a Form 6-K noting that it has expanded its receivable purchase program.

Accepted by SEC EDGAR 08/15/2025 - 04:35 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

VersaBank, a Canadian-based financial institution, submitted a Form 6-K noting that it has expanded its receivable purchase program. The bank issued a press release on August 14, 2025 describing the launch of a securitized financing solution tied to this program and the appointment of veteran U.S. executive Timothy Comiskey to lead the initiative. This filing mainly serves to make the press release available to U.S. investors and clarifies that the information is furnished to the SEC rather than formally filed under U.S. securities laws.

FAQ

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What did VersaBank (VBNK) report in this Form 6-K?

VersaBank reported that it issued a press release on August 14, 2025 about expanding its receivable purchase program, launching a securitized financing solution, and appointing Timothy Comiskey to lead the initiative.

What new initiative did VersaBank (VBNK) highlight?

VersaBank highlighted the expansion of its receivable purchase program with the launch of a securitized financing solution, as described in its August 14, 2025 press release.

Who did VersaBank (VBNK) appoint to lead the receivable purchase initiative?

VersaBank appointed veteran U.S. executive Timothy Comiskey to lead the expanded receivable purchase program and related securitized financing solution.

Does this VersaBank (VBNK) Form 6-K include the full press release?

The Form 6-K states that the full press release is attached as Exhibit 99.1, titled “VersaBank Expands Receivable Purchase Program with Launch of Securitized Financing Solution and Appoints Veteran US Executive Timothy Comiskey to Lead Initiative.”

Is the information in this VersaBank (VBNK) Form 6-K considered filed or furnished?

The Form 6-K states that the information, including the exhibit, is not deemed “filed” for purposes of Section 18 of the Exchange Act and is instead furnished to the SEC.

Which annual report form does VersaBank (VBNK) use with the SEC?

VersaBank indicates that it files its annual reports under cover of Form 40-F, consistent with its status as a foreign private issuer from Canada.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of August, 2025

Commission File Number: 001-40805

VersaBank

(Exact name of registrant as specified in its charter)

140 Fullarton Street, Suite 2002

London, Ontario N6A 5P2

Canada

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ¨                    Form 40-F x

On August 14, 2025, VersaBank issued a press release regarding the expansion of its receivable purchase program. A copy of the press release is attached hereto as Exhibit 99.1.

The information in this Form 6-K (including the exhibit) shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act.

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, thereunto duly authorized.

		VERSABANK
Date: August 15, 2025		By:		/s/ Tammie Ashton
				Name:		Tammie Ashton
				Title:		Executive Vice President & Corporate Secretary

EXHIBIT INDEX

Exhibit No.		Description
99.1		Press Release, dated August 14, 2025, titled “VersaBank Expands Receivable Purchase Program with Launch of Securitized Financing Solution and Appoints Veteran US Executive Timothy Comiskey to Lead Initiative.”