GBank Financial Holdings Inc Annual Meeting of Shareholders Scheduled for Tuesday, May 9th at 12:00 P.M. Pacific Time

Rhea-AI Summary

GBank Financial Holdings Inc. (OTCQX: GBFH) has announced its virtual annual meeting of shareholders set for May 9, 2023, at 12:00 p.m. PST. Shareholders can participate via ZOOM, with details provided for joining online or by telephone. The meeting will be led by Edward M. Nigro, Executive Chairman, and T. Ryan Sullivan, President/CEO, who encourage shareholders to review the annual meeting notice and related materials ahead of time. The Company reported approximately $678.7 million in assets as of December 31, 2022. GBank operates in Nevada and focuses on small- to medium-sized businesses, with significant SBA lending and a presence in the gaming fintech sector. The detailed annual report was made available on March 31, 2023.

Positive

• Holding a virtual annual meeting increases accessibility for shareholders.
• Total assets reported at approximately $678.7 million, indicating financial stability.
• Engagement in key sectors such as SBA Lending and Gaming FinTech may drive future growth.

Negative

• The company faces potential risks due to competition and economic uncertainties.

LAS VEGAS, April 10, 2023 /PRNewswire/ -- GBank Financial Holdings Inc. (the "Company") (OTCQX: GBFH), the parent company for GBank (the "Bank"), today announced it will host its annual meeting of shareholders on Tuesday, May 9, 2023, at 12:00 p.m. (PST). Shareholders will be able to listen from their home or from any remote location that has Internet connectivity. There will be no physical location for shareholders to attend. Shareholders may participate online, via the ZOOM app on their smartphones, or by joining by telephone:

The ZOOM video conference ID is 856 1782 9948.

The ZOOM meeting password is included on your Notice of Virtual Annual Meeting of Shareholders that accompanied your proxy materials.

Joining by ZOOM Video Conference
Log in on your computer at: https://us02web.zoom.us/j/85617829948?pwd=c2JXOXdKaGEyeGczeHBJZlI0RFNUQT09
or by using the Zoom app on your smartphone.

Joining by Telephone
Dial (408) 638-0968. The conference ID is 856 1782 9948.

Additional information on joining ZOOM by various methods can be found at:
https://support.zoom.us/hc/en-us/articles/201362193 

The Annual Meeting of Shareholders will be hosted by Edward M. Nigro, Executive Chairman, and T. Ryan Sullivan, President/CEO. You are encouraged to review in full the Annual Meeting Notice and related materials. Reviewing these materials will allow you to know which items of business we intend to cover during the meeting. The GBFH Annual Report dated December 31, 2022, was posted to https://www.otcmarkets.com/stock/GBFH/disclosure on March 31, 2023.

The Company

GBank Financial Holdings Inc. (the "Company") (GBFH), a bank holding company with approximately $678.7 million in assets at December 31, 2022, conducts business through its wholly owned subsidiary, GBank (formerly known as "Bank of George") (the "Bank"). Founded in 2007, the Bank operates two full-service commercial branches in Las Vegas, Nevada, with primary lending activities focused on engaging clients in Nevada, California, Utah, and Arizona. GBank has key businesses in three prominent divisions: SBA Lending, Gaming FinTech, and Commercial Lending. The Bank conducts business nationally through its SBA lending activities (ranked 14^th in the nation by the U.S. Small Business Administration for SBA 7(a) dollar loan volume through September 30, 2022) and its BankCard Services, LLC ("BCS") partnership. GBank's Gaming Fintech Division was launched in 2016 with the GBank/BCS Agreement. BCS provides not only Sightline Payments Play+ Prepaid Card Programs for gaming operators, but also prepaid access programs granting GBank use and access to the BCS proprietary Player/Consumer Information Management System ("PIMS/CIMS"). PIMS/CIMS provides custodial accounts for the benefit of the player/consumer managed by GBank and insured by the FDIC. The Bank also provides general commercial banking services with an emphasis on serving the needs of small- and medium-sized businesses, high net worth individuals, professionals, and investors. The Bank offers a full complement of consumer deposit products and is focused on delivering a premium level of service. GBank has been recognized every year for each of the past six years by S&P Capital IQ in its Top 100 Best-Performing Community Banks. For more information about GBank, please visit its website at www.g.bank. The Company's Common Stock is quoted on the US OTCQX Market under the symbol GBFH.

Cautionary Notice Regarding Forward-Looking Statements

The Company has made forward-looking statements in this Press Release. These forward-looking statements are subject to risks and uncertainties. Forward-looking statements include information concerning possible or assumed future results of operations of the Company and its subsidiaries. When words such as "believes," "expects," "anticipates," or similar expressions occur in this Press Release, the Company is making forward-looking statements. Note that many factors could affect the future financial results of the Company and its subsidiaries, both individually and collectively, and could cause those results to differ materially from those expressed in the forward-looking statements contained in this Press Release. Those factors include, but are not limited to, the recent and continuing coronavirus (COVID-19) pandemic which poses risks and may harm the Company's business and results of operations in future quarters, credit risk, changes in market interest rates, inability to achieve merger-related synergies, competition, economic downturn or recession, and government regulation and supervision. The Company undertakes no obligation to update or revise any forward-looking statements.

Questions or comments concerning this Press Release should be directed to: 
rsullivan@g.bank

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SOURCE GBank Financial Holdings Inc.

FAQ

When is the GBank Financial Holdings annual meeting scheduled?

The GBank Financial Holdings annual meeting is scheduled for May 9, 2023, at 12:00 p.m. PST.

How can shareholders participate in the GBank Financial Holdings annual meeting?

Shareholders can participate in the annual meeting via ZOOM or by telephone.

What were GBank Financial Holdings' assets as of December 31, 2022?

GBank Financial Holdings reported approximately $678.7 million in assets as of December 31, 2022.

Who will host the GBank Financial Holdings annual meeting?

The annual meeting will be hosted by Edward M. Nigro, Executive Chairman, and T. Ryan Sullivan, President/CEO.

Where can I find the GBank Financial Holdings annual report?

The annual report is available on the GBank Financial Holdings website and was posted on March 31, 2023.