secwatch / observer
8-K filed March 2, 2026, 6:59 PM ET ticker HBT CIK 0000775215
M&A confidence high sentiment positive materiality 0.75

HBT Financial completes $34M + 5.5M shares acquisition of CNB Bank Shares

HBT Financial, Inc.

Machine-readable event card

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secwatch.filing_event.v1
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0000775215-26-000021
form_type
8-K
ticker
HBT
cik
0000775215
company_name
HBT Financial, Inc.
filed_at
2026-03-02T23:59:59+00:00
discovered_at
2026-05-14T18:02:37.680165+00:00
generated_at
2026-05-15T22:54:40.285971+00:00
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0.75
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0.75
confidence
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https://secwatch.observer/filing/0000775215-26-000021.txt
edgar_index_url
https://www.sec.gov/Archives/edgar/data/775215/000077521526000021/0000775215-26-000021-index.htm
edgar_primary_document_url
https://www.sec.gov/Archives/edgar/data/775215/000077521526000021/hbt-20260301.htm
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Source-grounded claims

8d136c8bbb2fea464c078cf2043581d3405dc43e

HBT Financial, Inc. completed an acquisition involving CNB Bank Shares, Inc. for approximately $34 million in cash and approximately 5.5 million shares of HBT Financial common stock (closed 2026-03-01).

of cash and HBT Financial common stock. In lieu of fractional shares, holders of CNB common stock will receive cash. The aggregate transaction consideration is approximately $34 million in cash and approximately 5.5 million shares of HBT Financial common stock. Following the closing of the Merger, the shares of CNB common stock, which were previously quoted on

SEC 8-K Item 2.01/5.01 confidence 0.9 SEC evidence

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APAD

Enhanced Group completes de-SPAC merger with Enhanced Ltd; redemptions of $201.7M

Enhanced Group Inc. May 8, 2026, 7:59 PM ET m_and_a Items 1.01, 2.01, 5.06, 3.02, 9.01, 4.01, 3.01, 3.03, 5.01, 5.02, 5.03, 5.05, 7.01

same fact type: ma_transaction same SEC item: 2.01, 5.02, 7.01, 9.01 same event type: m_and_a similar materiality

This filing

of cash and HBT Financial common stock. In lieu of fractional shares, holders of CNB common stock will receive cash. The aggregate transaction consideration is approximately $34 million in cash and approximately 5.5 million shares of HBT Financial common stock. Following the closing of the Merger, the shares of CNB common stock, which were previously quoted on

Comparable filing

On May 7, 2026, as contemplated by the Business Combination Agreement and as described in the section titled “ The BCA Proposal ” beginning on pa ge 180 of the Proxy Statement/Prospectus, the Company, Enhanced and Merger Sub consummated the business combination contemplated by the Business Combination Agreement, whereby: • Merger Sub merged with and into Enhanced (the “First Merger”), with Enhanced surviving the merger as a wholly owned subsidiary of the Company;

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GYRE

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GYRE THERAPEUTICS, INC. May 4, 2026, 7:59 PM ET m_and_a Items 2.01, 5.03, 1.01, 3.02, 3.03, 5.02, 7.01, 9.01

same fact type: ma_transaction same SEC item: 2.01, 5.02, 7.01, 9.01 same event type: m_and_a similar materiality

This filing

of cash and HBT Financial common stock. In lieu of fractional shares, holders of CNB common stock will receive cash. The aggregate transaction consideration is approximately $34 million in cash and approximately 5.5 million shares of HBT Financial common stock. Following the closing of the Merger, the shares of CNB common stock, which were previously quoted on

Comparable filing

Revenue Code of 1986, as amended. Under the terms of the Merger Agreement, the Company acquired Cullgen in an all-stock transaction that valued Cullgen at approximately $300 million. At the effective time of the Merger (the “Effective Time”), each then outstanding share of Cullgen capital stock (the “Cullgen Capital Stock”), excluding shares of Cullgen

Filing page SEC filing

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Laird Superfood acquires Terrasoul for $48M cash plus $5M earnout; Nexus invests $60M in preferred stock

Laird Superfood, Inc. April 21, 2026, 7:59 PM ET m_and_a Items 1.01, 2.01, 3.02, 5.02, 7.01, 9.01

same fact type: ma_transaction same SEC item: 2.01, 5.02, 7.01, 9.01 same event type: m_and_a similar materiality

This filing

of cash and HBT Financial common stock. In lieu of fractional shares, holders of CNB common stock will receive cash. The aggregate transaction consideration is approximately $34 million in cash and approximately 5.5 million shares of HBT Financial common stock. Following the closing of the Merger, the shares of CNB common stock, which were previously quoted on

Comparable filing

Interests (as defined in the Terrasoul Acquisition Agreement) which constitute all of the issued and outstanding equity interests of Terrasoul, for a purchase price of (i) $48.0 million in cash, subject to customary purchase price adjustments, including adjustments for working capital, cash, debt and transaction expenses and (ii) potential earnout consideration

Filing page SEC filing

HRZN

Horizon Tech completes MRCC merger; issues 20.37M shares, receives $141.1M cash

Horizon Technology Finance Corp April 14, 2026, 7:59 PM ET m_and_a Items 1.01, 2.01, 5.02, 7.01, 9.01

same fact type: ma_transaction same SEC item: 2.01, 5.02, 7.01, 9.01 same event type: m_and_a similar materiality

This filing

of cash and HBT Financial common stock. In lieu of fractional shares, holders of CNB common stock will receive cash. The aggregate transaction consideration is approximately $34 million in cash and approximately 5.5 million shares of HBT Financial common stock. Following the closing of the Merger, the shares of CNB common stock, which were previously quoted on

Comparable filing

On April 14, 2026, Horizon Technology Finance Corporation (the “Company”), a Delaware corporation, completed its previously announced acquisition of Monroe Capital Corporation (“MRCC”), a Maryland corporation, pursuant to that certain Agreement and Plan of Merger, dated August 7, 2025

Filing page SEC filing

VREOF

Vireo closes Eaze acquisition for $47M in stock; CEO awarded performance-based RSUs up to 3.5% diluted

Vireo Growth Inc. April 6, 2026, 7:59 PM ET m_and_a Items 1.01, 2.01, 3.02, 5.02, 7.01, 8.01, 9.01

same fact type: ma_transaction same SEC item: 2.01, 5.02, 7.01, 9.01 same event type: m_and_a similar materiality

This filing

of cash and HBT Financial common stock. In lieu of fractional shares, holders of CNB common stock will receive cash. The aggregate transaction consideration is approximately $34 million in cash and approximately 5.5 million shares of HBT Financial common stock. Following the closing of the Merger, the shares of CNB common stock, which were previously quoted on

Comparable filing

adjustment with respect to certain of the estimated items included in the Estimated Closing Merger Consideration. In general, the Estimated Closing Merger Consideration is US$47,040,000 in base consideration (the “Base Consideration”), adjusted for certain items as described in the definition of Estimated Closing Merger Consideration in the Merger Agreement,

Filing page SEC filing

BRR

ProCap Financial completes acquisition of CFO Silvia; $30B assets, Noor named CTO

ProCap Financial, Inc. April 6, 2026, 7:59 PM ET m_and_a Items 1.01, 2.01, 3.02, 5.02, 7.01, 9.01

same fact type: ma_transaction same SEC item: 2.01, 5.02, 7.01, 9.01 same event type: m_and_a similar materiality

This filing

of cash and HBT Financial common stock. In lieu of fractional shares, holders of CNB common stock will receive cash. The aggregate transaction consideration is approximately $34 million in cash and approximately 5.5 million shares of HBT Financial common stock. Following the closing of the Merger, the shares of CNB common stock, which were previously quoted on

Comparable filing

On April 6, 2026 (the “Closing Date”), ProCap Financial, Inc., a Delaware corporation (the “Company”), completed its previously announced acquisition of CFO Silvia, Inc, a Delaware corporation (“CFO Silvia”), pursuant to the Agreement and Plan of Merger, dated as of February 9, 2026

Filing page SEC filing

BLBD

Blue Bird completes acquisition of Micro Bird joint venture for ~$202M, full ownership

Blue Bird Corp April 2, 2026, 7:59 PM ET m_and_a Items 2.01, 3.02, 5.02, 5.03, 7.01, 9.01

same fact type: ma_transaction same SEC item: 2.01, 5.02, 7.01, 9.01 same event type: m_and_a similar materiality

This filing

of cash and HBT Financial common stock. In lieu of fractional shares, holders of CNB common stock will receive cash. The aggregate transaction consideration is approximately $34 million in cash and approximately 5.5 million shares of HBT Financial common stock. Following the closing of the Merger, the shares of CNB common stock, which were previously quoted on

Comparable filing

of Québec (“ MB Canada Target ” and together with MB US Target, the “ Micro Bird Targets ” and each, a “ Target ”) collectively in exchange for an aggregate purchase price of $201,787,193 (the “ Purchase Price ”). Under the terms of the Purchase Agreement, the Purchase Price was paid as follows: (i) approximately 30% of the Purchase Price paid as cash in the amount

Filing page SEC filing

FFIC

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FLUSHING FINANCIAL CORP June 1, 2026, 5:21 PM ET m_and_a Items 2.01, 3.01, 3.03, 5.01, 5.02, 9.01

same fact type: ma_transaction same SEC item: 2.01, 5.02, 9.01 same event type: m_and_a similar materiality

This filing

of cash and HBT Financial common stock. In lieu of fractional shares, holders of CNB common stock will receive cash. The aggregate transaction consideration is approximately $34 million in cash and approximately 5.5 million shares of HBT Financial common stock. Following the closing of the Merger, the shares of CNB common stock, which were previously quoted on

Comparable filing

of Flushing (“ Flushing Common Stock ”) issued and outstanding immediately prior to the Effective Time, subject to certain exceptions, was converted into the right to receive 0.85 of a share (the “ Exchange Ratio ”) of common stock, par value $0.01 per share, of OceanFirst (“ OceanFirst Common Stock ” and such consideration, the “ Merger Consideration ”).

Filing page SEC filing

Source: SEC EDGAR
accession 0000775215-26-000021

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.