Patriot Financial Partners III, L.P. Acquires 5.35% Stake in Primis Financial Corp.

Patriot Financial Partners III, L.P. (Patriot Fund III) has acquired a 5.35% stake in Primis Financial Corp., as disclosed in a Schedule 13D filing. The acquisition was made for investment purposes, and Patriot Fund III used working capital to fund the purchase. The filing indicates that Patriot Fund III, along with its general partners and members, collectively own 1,317,531 shares of Primis Financial Corp.'s common stock. The filing also notes that no member of the Patriot Financial Group has been convicted of any criminal proceedings or been subject to any civil proceedings related to securities laws in the past five years. The shares were acquired through transactions on August 7, 8, and 12, 2025. Patriot Fund III may dispose of the shares or acquire additional shares depending on market conditions and other investment considerations.