<SEC-DOCUMENT>0001104659-20-130581.txt : 20210125
<SEC-HEADER>0001104659-20-130581.hdr.sgml : 20210125
<ACCEPTANCE-DATETIME>20201130172046
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0001104659-20-130581
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20201130

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MVB FINANCIAL CORP
		CENTRAL INDEX KEY:			0001277902
		STANDARD INDUSTRIAL CLASSIFICATION:	STATE COMMERCIAL BANKS [6022]
		IRS NUMBER:				200034461
		STATE OF INCORPORATION:			WV
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		CORRESP

	BUSINESS ADDRESS:	
		STREET 1:		301 VIRGINIA AVENUE
		CITY:			FAIRMONT
		STATE:			WV
		ZIP:			26554-2777
		BUSINESS PHONE:		3043634800

	MAIL ADDRESS:	
		STREET 1:		301 VIRGINIA AVENUE
		CITY:			FAIRMONT
		STATE:			WV
		ZIP:			26554-2777
</SEC-HEADER>
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<TYPE>CORRESP
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    <TD STYLE="width: 50%"><IMG SRC="tm2036030d5_correspimg001.jpg" ALT="">&nbsp;</TD>
    <TD STYLE="text-align: left; width: 25%">&nbsp;</TD>
    <TD STYLE="text-align: left; width: 25%">Squire Patton Boggs (US) LLP
<BR>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">201 E. Fourth St., Suite&nbsp;1900<BR>
Cincinnati, Ohio 45202</P>
<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0">&nbsp;</P>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&nbsp;</P>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"><FONT STYLE="font-size: 10pt">O</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">+1
513 361 1200</FONT>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"><FONT STYLE="font-size: 10pt">F</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">+1
513 361 1201</FONT>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&nbsp;&nbsp;&nbsp;squirepattonboggs.com&nbsp;</P></TD></TR>
</TABLE>

<P STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt">November&nbsp;30, 2020</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="text-transform: uppercase"><B>Via Edgar</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Valian A. Afshar<BR>
Special Counsel, Division of Corporation Finance, Office of Mergers and Acquisitions<BR>
Securities and Exchange Commission<BR>
100 F Street, NE<BR>
Washington, D.C. 20549</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
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    <TD STYLE="width: 4%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Re:</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P></TD>
    <TD STYLE="width: 96%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>MVB Financial Corp.</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Schedule TO-1 filed November&nbsp;17, 2020</B></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>File No.&nbsp;005-89723</B>&nbsp;</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Dear Valian A. Afshar:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">On behalf of MVB Financial Corp., a
West Virginia corporation (&ldquo;MVB&rdquo; or the &ldquo;Company&rdquo;), we are responding to the comments of the staff
(the &ldquo;Staff&rdquo;) of the Securities and Exchange Commission (the &ldquo;Commission&rdquo;) set forth in your letter
dated November&nbsp;19, 2020 with respect to the above-referenced Schedule TO-I, filed by MVB on November&nbsp;17, 2020 (the
 &ldquo;Schedule TO&rdquo;), in connection with the proposed offer by MVB to purchase for cash up to an aggregate purchase
price of $45,000,000 of shares of its common stock, par value $1.00 per share (the &ldquo;Shares&rdquo;), at a per Share
price not greater than $20.25 and not less than $18.00, upon the terms and subject to the conditions described in the Offer
to Purchase dated November&nbsp;17, 2020 (as supplemented or amended, the &ldquo;Offer to Purchase&rdquo;), which is filed as
Exhibit&nbsp;(a)(1)(A)&nbsp;to the Schedule TO.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">In connection with this response, MVB is
today also filing with the Commission Amendment No.&nbsp;1 to Schedule TO (the &ldquo;Schedule TO Amendment&rdquo;) which reflects
the responses set forth below, as appropriate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">To facilitate the Staff&rsquo;s review,
this letter includes each of the Staff&rsquo;s comments in italics followed by a response to the questions raised. Capitalized
terms used in the Offer to Purchase and used in the following responses without definition have the meanings specified in the
Offer to Purchase.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I><U>Schedule TO-1</U></I></B>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I><U>Exhibit&nbsp;(a)(1)(A)&nbsp;&ndash; Offer to Purchase</U></I></B>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I><U>General</U></I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><B><I>1.</I></B></TD><TD><B><I>Statements throughout the Offer to Purchase
                                         indicate that your directors and executive officers are not permitted to participate
                                         in the Offer. In the appropriate section of the Offer to Purchase, please clarify the
                                         source of and/or basis for this prohibition.</I></B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><U>Response</U>: The Company acknowledges
the Staff&rsquo;s comment and has included revised disclosure in the Schedule TO Amendment to delete such statements from the
Offer to Purchase and further clarified that the Company&rsquo;s directors and executive officers have informed the Company that
they do not intended to participate in the tender offer.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><B><I>2.</I></B></TD><TD><B><I>We note the following statement under the header
                                         &ldquo;Summary of Procedures for Tendering your Shares&rdquo;: &ldquo;WE ARE NOT MAKING
                                         THE OFFER TO, AND WILL NOT ACCEPT ANY TENDERED SHARES FROM, SHAREHOLDERS IN ANY JURISDICTION
                                         WHERE IT WOULD BE ILLEGAL TO DO SO&hellip;..&rdquo; While offer materials need not be
                                         disseminated into jurisdictions where such a distribution would be impermissible, please
                                         remove the implication that tendered shares will not be accepted from all shareholders
                                         (notwithstanding the subsequent statement that you will comply with the requirements
                                         of Rule&nbsp;13e-4(f)(8)). See Rule&nbsp;13e-4(f)(8)(i)&nbsp;and guidance in Section&nbsp;II.G.1
                                         of Exchange Act Release No.&nbsp;58597 (September&nbsp;19, 2008). Please also make any
                                         conforming changes to similar statements in Exhibits (a)(1)(B), (D), (E)&nbsp;and in
                                         (F).</I></B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><U>Response</U>: The Company acknowledges
the Staff&rsquo;s comment and has removed such statements from the Offer to Purchase as well as in the referenced exhibits as
reflected in the Schedule TO Amendment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I><U>Procedures for Tendering Shares, page&nbsp;20</U></I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><I>3.</I></TD><TD><B><I>We note your statement that &ldquo;[t]o tender Shares
                                         properly, one and only one box must be checked in the section captioned &lsquo;Price
                                         (in Dollars) Per Share at Which Shares Are Being Tendered&rsquo; in the Letter of Transmittal.&rdquo;
                                         Please further disclose (consistent with the instructions to the Letter of Transmittal)
                                         that if more than one box is checked or if no box is checked, there is no valid tender
                                         of Shares</I></B><I>.</I></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><U>Response</U>: The Company acknowledges
the Staff&rsquo;s comment and has modified the Offer to Purchase as reflected in the Schedule TO Amendment to include the additional
requested disclosure.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I><U>Conditions of the Offer, page&nbsp;27</U></I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><I>4.</I></TD><TD><B><I>We note that the Offer is not completely financed
                                         and is subject to the Financing Condition. Generally, when an offer is not financed,
                                         or when a bidder&rsquo;s ability to obtain financing is uncertain, a material change
                                         will occur in the information previously disclosed when the offer becomes fully financed.
                                         Under Rule&nbsp;13e-4(c)(3), a bidder is required to promptly file an amendment to its
                                         Schedule TO disclosing this material change. Please confirm that you will disseminate
                                         the disclosure of this change in a manner reasonably calculated to inform shareholders
                                         as required by Rule&nbsp;13e-4 (e)(3). In addition, please confirm that five business
                                         days will remain in the Offer following disclosure of the change or that the Offer will
                                         be extended so that at least five business days remain in the offer. Refer to Release
                                         No.&nbsp;34-23421 (July&nbsp;11, 1986), at footnote 70, and Release No.&nbsp;34-24296
                                         (April&nbsp;3, 1987).</I></B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><U>Response</U>: The Company acknowledges
the Staff&rsquo;s comment and advises the Staff that the Financing Condition was satisfied on November&nbsp;30, 2020. On November&nbsp;30,
2020, the Company announced in a Current Report on Form&nbsp;8-K and by press release that as of that date the Company had issued
$40.0 million in aggregate principal amount of its 4.25% Fixed-to-Floating Rate Subordinated Notes due 2030 to certain qualified
institutional buyers. The Schedule TO Amendment discloses the completion of the Notes Offering and satisfaction of the Financing
Condition, and includes additional disclosure relating to the terms of the Notes Offering. The Company confirms that its disclosures
on November&nbsp;30, 2020 were disseminated in a manner reasonably calculated to inform security holders of such change. Further
the Company confirms that the offer will remain open for at least five business days following its November&nbsp;30 disclosure,
with the expiration date of the tender offer occurring on December&nbsp;18, 2020, fourteen business days following the disclosure
of this change.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><B><I>5.</I></B></TD><TD><B><I>With a view towards disclosure, please clarify
                                         what would constitute an &ldquo;internal interpretation&rdquo; as used in the first bullet
                                         on page&nbsp;28.</I></B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><U>Response</U>: The Company acknowledges
the Staff&rsquo;s comment and has modified the Offer to Purchase in the Schedule TO Amendment to delete all references to &ldquo;formal
or internal interpretation&rdquo; and replacing such references with &ldquo;official interpretation.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><B><I>6.</I></B></TD><TD><B><I>You have included a condition that will be
                                         triggered by, among other things, &ldquo;any commencement of a war, armed hostilities
                                         or other national or international calamity, including, but not limited to, an act of
                                         terrorism . . . directly or indirectly involving the United States&rdquo; without any
                                         materiality qualifier on the gravity of such an event and without limiting the event
                                         to one directly involving the United States. Therefore, if any event anywhere in the
                                         world &ldquo;triggers&rdquo; this condition while the Offer is pending, you must promptly
                                         amend the Offer materials to advise shareholders whether you will waive the condition,
                                         or assert it and terminate the Offer. Depending on the timing of this event and your
                                         revised disclosure, you may also be required to extend the Offer. Please confirm your
                                         understanding in your response letter. Alternatively, please amend the condition to more
                                         narrowly tailor it.</I></B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><U>Response</U>: The Company acknowledges
the Staff&rsquo;s comment and has modified the Offer to Purchase in the Schedule TO Amendment to more narrowly tailor the referenced
condition.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I><U>Source and Amount of Funds, page&nbsp;29</U></I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><B><I>7.</I></B></TD><TD><B><I>Please disclose any material conditions to
                                         the Notes Offering as well as whether any alternative financing arrangements or alternative
                                         financing plans exist in the event the Notes Offering falls through. See Item 1007(b)&nbsp;of
                                         Regulation M-A.</I></B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><U>Response</U>: The Company acknowledges
the Staff&rsquo;s comment and as described in response to Comment 4 above, notes that on November&nbsp;30, 2020, the Financing
Condition was satisfied and has further modified the Offer to Purchase in the Schedule TO Amendment to reflect the satisfaction
of the Financing Condition.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><B><I>8.</I></B></TD><TD><B><I>Please provide the information required by
                                         Item 1007(d)&nbsp;of Regulation M-A with respect to the Notes Offering.</I></B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><U>Response</U>: The Company acknowledges
the Staff&rsquo;s comment and has included additional information as required by 1007(d)&nbsp;of Regulation M-A with respect to
the Notes Offering in the Schedule TO Amendment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">* * * * *</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">We believe the responses set forth above
fully address the Staff&rsquo;s comments. Please contact the undersigned at (513) 361-1260 (<U>james.barresi@squirepb.com</U>),
or Aaron A. Seamon at (614) 365-2759 (<U>aaron.seamon@squirepb.com)</U> if you have any questions regarding the responses set
forth above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 50%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 50%">Sincerely,</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">/s/ James J. Barresi &nbsp; &nbsp;</TD></TR>
</TABLE>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">cc:</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">Donald
T. Robinson, MVB Financial Corp.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Aaron A. Seamon, Squire Patton Boggs (US)
LLP</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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