SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (date of earliest event reported) September 5, 2000
WESTSTAR FINANCIAL SERVICES CORPORATION
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(Exact name of Registrant as specified in its charter)
North Carolina 000-30515 56-2181423
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(State or other jurisdiction (Commission File No.) (IRS Employer Identification
of incorporation) number)
79 Woodfin Place, Asheville, North Carolina 28801
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(Address of principal executive offices)
Registrant's telephone number, including area code (828) 232-2902
Not Applicable
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(Former address of principal executive offices)
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Item 5 Other Events.
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On September 1, 2000, the Registrant filed a Registration Statement with the
Securities and Exchange Commission to conduct a public offering of between
117,600 and 410,000 shares of its Common Stock. The offering price is yet to be
determined. The Registrant intends to sell primarily in the markets where it has
established branches in and around Asheville, North Carolina. Wachovia
Securities, Inc., Charlotte, North Carolina has agreed to sell a portion of the
shares on a "best efforts" basis through IJL Wachovia. The proceeds of the
offering will be used to enhance the liquidity position of the Company's
subsidiary bank, The Bank of Asheville, provide funding or capital to support
additional branch locations and general corporate purposes.
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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 hereunto duly authorized.
WESTSTAR FINANCIAL SERVICES CORPORATION
By: /s/ G. Gordon Greenwood
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G. Gordon Greenwood, President
Dated: September 5, 2000
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EXHIBIT INDEX
Exhibit Description
Number of Exhibit
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99 Press Release dated Included as Exhibit 99
September 5, 2000
