SCHEDULE 13G/A: Ategra Entities and Jacques Rebibo Disclose Significant Passive Stakes in Meridian Corp
Beneficial Ownership Disclosure
Ategra Community Financial Institution Fund, LP and related entities, along with Jacques Rebibo, have disclosed beneficial ownership exceeding 5% in Meridian Corp, primarily for investment purposes.
Summary
- Ategra Community Financial Institution Fund, LP, Ategra GP, LLC, Ategra Capital Management, LLC, and Jonathan Holtaway collectively reported beneficial ownership of 769,755 shares of Meridian Corp Common Stock, representing 6.8% of the class.
- Jacques Rebibo reported beneficial ownership of 823,955 shares, representing 7.3% of the class, which includes 54,200 shares with sole voting and dispositive power, and 769,755 shares with shared voting and dispositive power.
- The shares are held for investment purposes and not to influence control of Meridian Corp, as certified by the reporting persons.
- This filing is an Amendment No. 7, indicating a continuation or update of previously disclosed beneficial ownership positions by these parties.
Sentiment
Score: 5
Explanation: Neutral. This is a routine disclosure of beneficial ownership, indicating an investment position without expressing positive or negative sentiment about the company's performance or future.
Future Outlook
NA
Industry Context
This filing indicates a significant passive investment by Ategra entities and related individuals in Meridian Corp, a financial institution. Such disclosures are common for institutional investors acquiring substantial stakes in publicly traded companies, particularly within the financial sector, reflecting investment interest rather than operational or strategic changes.
Stakeholder Impact
- Shareholders: The disclosure of significant passive ownership by institutional investors may be viewed as a sign of investor confidence, but it does not imply any immediate operational or strategic changes for the company.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of event requiring the filing of this statement, indicating when the beneficial ownership threshold was met or changed. |
| 05/15/2025 | Date of filing of this Schedule 13G Amendment No. 7. |
Keywords
Meridian Corp, Common Stock, Schedule 13G, Beneficial Ownership, Ategra Community Financial Institution Fund, Ategra GP, Ategra Capital Management, Jonathan Holtaway, Jacques Rebibo, Institutional Investor, Passive Investment
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