---
schema_version: "secwatch.filing_event.v1"
accession: "0000314489-24-000114"
form_type: "8-K"
ticker: "BUSE"
cik: "0000314489"
company_name: "FIRST BUSEY CORP /NV/"
filed_at: "2024-04-05T23:59:59+00:00"
generated_at: "2026-06-04T02:01:11.687922+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# First Busey closes M&M acquisition; issues ~1.43M shares & $12.2M cash

## Summary
- Deal closed April 1, 2024; M&M stockholders could elect cash ($117.74), stock (5.7294 BUSE shares), or mixed consideration.
- 71% of M&M shares elected stock, 6% cash, 4% mixed; 19% no election received cash.
- Aggregate consideration: ~1,429,304 BUSE shares and ~$12.2M cash; fractional shares paid at $23.32 per share.

## SEC filing metadata
- accession: 0000314489-24-000114
- form_type: 8-K
- ticker: BUSE
- cik: 0000314489
- company_name: FIRST BUSEY CORP /NV/
- filed_at: 2024-04-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/314489/000031448924000114/0000314489-24-000114-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/314489/000031448924000114/buse-20240405.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000314489-24-000114
- JSON: https://secwatch.observer/filing/0000314489-24-000114.json
- Plain text: https://secwatch.observer/filing/0000314489-24-000114.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.