VersaBank (VBNK) refreshes tokenized deposit pilots in US, Canada
Rhea-AI Filing Summary
VersaBank submitted a Form 6-K to provide investors with a copy of a press release titled “VersaBank announces refresh of previous DDR Tokenized Deposit Pilot Program in Canada and integration with US Pilot Program.” The press release is attached as Exhibit 99.1. The company specifies that the information in this Form 6-K, including Exhibit 99.1, is being furnished rather than filed under the U.S. securities laws, which means it is not subject to certain liability provisions and is not incorporated by reference into other Securities Act or Exchange Act filings.
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FAQ
What did VersaBank (VBNK) report in this Form 6-K?
VersaBank reported that it issued a press release titled “VersaBank announces refresh of previous DDR Tokenized Deposit Pilot Program in Canada and integration with US Pilot Program,” which is furnished as Exhibit 99.1.
What is the title of VersaBanks press release referenced in the Form 6-K?
The press release is titled “VersaBank announces refresh of previous DDR Tokenized Deposit Pilot Program in Canada and integration with US Pilot Program.”
How is the information in VersaBanks Form 6-K treated under U.S. securities laws?
The information in this Form 6-K, including Exhibit 99.1, is furnished, not filed, for purposes of Section 18 of the Securities Exchange Act of 1934 and is not subject to that sections liabilities.
Is the Form 6-K information incorporated by reference into VersaBanks other SEC filings?
No. The Form 6-K states that its information, including Exhibit 99.1, shall not be deemed incorporated by reference into any filing under the Securities Act of 1933 or the Exchange Act.
Where can investors find details on VersaBanks DDR Tokenized Deposit Pilot Program update?
Details are contained in the press release furnished as Exhibit 99.1 to this Form 6-K.
Who signed VersaBanks Form 6-K submission?
The Form 6-K was signed on behalf of VersaBank by Brent T. Hodge, who is identified as SVP, General Counsel & Corporate Secretary.