{"schema_version":"secwatch.filing_event.v1","accession":"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","sec_items":["2.01","5.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"HBT Financial completes $34M + 5.5M shares acquisition of CNB Bank Shares","bullets":["Total consideration ~$34M cash and ~5.5M HBT shares; exchange ratio 1.0434 HBT shares or $27.73 cash per CNB share.","CNB had $1.8B in assets, $1.3B loans, $1.5B deposits as of Dec 31, 2025.","Merger expands HBT's footprint into central Illinois, Chicago MSA, and St. Louis MSA.","HBT appointed former CNB president James T. Ashworth and former CNB director Nancy L. Ruyle to its board, effective March 1, 2026.","CNB stock (CNBN) will no longer be quoted on OTC QX; financial statements to be filed as amendment within 71 days."],"urls":{"canonical":"https://secwatch.observer/filing/0000775215-26-000021","json":"https://secwatch.observer/filing/0000775215-26-000021.json","markdown":"https://secwatch.observer/filing/0000775215-26-000021.md","text":"https://secwatch.observer/filing/0000775215-26-000021.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/775215/000077521526000021/0000775215-26-000021-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/775215/000077521526000021/hbt-20260301.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T22:54:40.285971+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8d136c8bbb2fea464c078cf2043581d3405dc43e","claim":"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).","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/775215/000077521526000021/0000775215-26-000021-index.htm","confidence":0.9}],"comparable_filings":[{"accession":"0001628280-26-032558","ticker":"APAD","company_name":"Enhanced Group Inc.","filed_at":"2026-05-08T23:59:59+00:00","headline":"Enhanced Group completes de-SPAC merger with Enhanced Ltd; redemptions of $201.7M","event_type":"m_and_a","sec_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"],"materiality_score":0.8,"calibrated_materiality_score":0.8,"match_reasons":["same fact type: ma_transaction","same SEC item: 2.01, 5.02, 7.01, 9.01","same event type: m_and_a","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-032558","json":"https://secwatch.observer/filing/0001628280-26-032558.json","markdown":"https://secwatch.observer/filing/0001628280-26-032558.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1956439/000162828026032558/0001628280-26-032558-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1956439/000162828026032558/apadu-20260506.htm"},"side_by_side_evidence":{"fact_type":"ma_transaction","source_excerpt":"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","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/775215/000077521526000021/0000775215-26-000021-index.htm","comparable_excerpt":"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;","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1956439/000162828026032558/0001628280-26-032558-index.htm"}},{"accession":"0001140361-26-018716","ticker":"GYRE","company_name":"GYRE THERAPEUTICS, INC.","filed_at":"2026-05-04T23:59:59+00:00","headline":"Gyre Therapeutics completes $300M all-stock acquisition of Cullgen; appoints Ying Luo as CEO","event_type":"m_and_a","sec_items":["2.01","5.03","1.01","3.02","3.03","5.02","7.01","9.01"],"materiality_score":0.85,"calibrated_materiality_score":0.85,"match_reasons":["same fact type: ma_transaction","same SEC item: 2.01, 5.02, 7.01, 9.01","same event type: m_and_a","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-26-018716","json":"https://secwatch.observer/filing/0001140361-26-018716.json","markdown":"https://secwatch.observer/filing/0001140361-26-018716.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1124105/000114036126018716/0001140361-26-018716-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1124105/000114036126018716/ef20072211_8k.htm"},"side_by_side_evidence":{"fact_type":"ma_transaction","source_excerpt":"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","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/775215/000077521526000021/0000775215-26-000021-index.htm","comparable_excerpt":"Revenue Code of 1986, as\n amended. Under the terms of the Merger Agreement, the Company acquired Cullgen in an all-stock transaction that valued Cullgen at\n 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","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1124105/000114036126018716/0001140361-26-018716-index.htm"}},{"accession":"0001437749-26-012942","ticker":"LSF","company_name":"Laird Superfood, Inc.","filed_at":"2026-04-21T23:59:59+00:00","headline":"Laird Superfood acquires Terrasoul for $48M cash plus $5M earnout; Nexus invests $60M in preferred stock","event_type":"m_and_a","sec_items":["1.01","2.01","3.02","5.02","7.01","9.01"],"materiality_score":0.85,"calibrated_materiality_score":0.85,"match_reasons":["same fact type: ma_transaction","same SEC item: 2.01, 5.02, 7.01, 9.01","same event type: m_and_a","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-26-012942","json":"https://secwatch.observer/filing/0001437749-26-012942.json","markdown":"https://secwatch.observer/filing/0001437749-26-012942.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1650696/000143774926012942/0001437749-26-012942-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1650696/000143774926012942/lsf20260421_8k.htm"},"side_by_side_evidence":{"fact_type":"ma_transaction","source_excerpt":"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","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/775215/000077521526000021/0000775215-26-000021-index.htm","comparable_excerpt":"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","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1650696/000143774926012942/0001437749-26-012942-index.htm"}},{"accession":"0001140361-26-014610","ticker":"HRZN","company_name":"Horizon Technology Finance Corp","filed_at":"2026-04-14T23:59:59+00:00","headline":"Horizon Tech completes MRCC merger; issues 20.37M shares, receives $141.1M cash","event_type":"m_and_a","sec_items":["1.01","2.01","5.02","7.01","9.01"],"materiality_score":0.85,"calibrated_materiality_score":0.85,"match_reasons":["same fact type: ma_transaction","same SEC item: 2.01, 5.02, 7.01, 9.01","same event type: m_and_a","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-26-014610","json":"https://secwatch.observer/filing/0001140361-26-014610.json","markdown":"https://secwatch.observer/filing/0001140361-26-014610.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1487428/000114036126014610/0001140361-26-014610-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1487428/000114036126014610/ef20070439_8k.htm"},"side_by_side_evidence":{"fact_type":"ma_transaction","source_excerpt":"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","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/775215/000077521526000021/0000775215-26-000021-index.htm","comparable_excerpt":"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","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1487428/000114036126014610/0001140361-26-014610-index.htm"}},{"accession":"0001104659-26-039924","ticker":"VREOF","company_name":"Vireo Growth Inc.","filed_at":"2026-04-06T23:59:59+00:00","headline":"Vireo closes Eaze acquisition for $47M in stock; CEO awarded performance-based RSUs up to 3.5% diluted","event_type":"m_and_a","sec_items":["1.01","2.01","3.02","5.02","7.01","8.01","9.01"],"materiality_score":0.8,"calibrated_materiality_score":0.8,"match_reasons":["same fact type: ma_transaction","same SEC item: 2.01, 5.02, 7.01, 9.01","same event type: m_and_a","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-039924","json":"https://secwatch.observer/filing/0001104659-26-039924.json","markdown":"https://secwatch.observer/filing/0001104659-26-039924.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1771706/000110465926039924/0001104659-26-039924-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1771706/000110465926039924/tm2611166d1_8k.htm"},"side_by_side_evidence":{"fact_type":"ma_transaction","source_excerpt":"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","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/775215/000077521526000021/0000775215-26-000021-index.htm","comparable_excerpt":"adjustment with respect to certain of the estimated items included\nin the Estimated Closing Merger Consideration. In general, the Estimated Closing Merger Consideration\nis US$47,040,000 in base consideration (the “Base Consideration”), adjusted for certain items as described in the definition\nof Estimated Closing Merger Consideration in the Merger Agreement,","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1771706/000110465926039924/0001104659-26-039924-index.htm"}},{"accession":"0001493152-26-015249","ticker":"BRR","company_name":"ProCap Financial, Inc.","filed_at":"2026-04-06T23:59:59+00:00","headline":"ProCap Financial completes acquisition of CFO Silvia; $30B assets, Noor named CTO","event_type":"m_and_a","sec_items":["1.01","2.01","3.02","5.02","7.01","9.01"],"materiality_score":0.85,"calibrated_materiality_score":0.85,"match_reasons":["same fact type: ma_transaction","same SEC item: 2.01, 5.02, 7.01, 9.01","same event type: m_and_a","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-015249","json":"https://secwatch.observer/filing/0001493152-26-015249.json","markdown":"https://secwatch.observer/filing/0001493152-26-015249.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/2076163/000149315226015249/0001493152-26-015249-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2076163/000149315226015249/form8-k.htm"},"side_by_side_evidence":{"fact_type":"ma_transaction","source_excerpt":"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","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/775215/000077521526000021/0000775215-26-000021-index.htm","comparable_excerpt":"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","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/2076163/000149315226015249/0001493152-26-015249-index.htm"}},{"accession":"0001589526-26-000017","ticker":"BLBD","company_name":"Blue Bird Corp","filed_at":"2026-04-02T23:59:59+00:00","headline":"Blue Bird completes acquisition of Micro Bird joint venture for ~$202M, full ownership","event_type":"m_and_a","sec_items":["2.01","3.02","5.02","5.03","7.01","9.01"],"materiality_score":0.85,"calibrated_materiality_score":0.85,"match_reasons":["same fact type: ma_transaction","same SEC item: 2.01, 5.02, 7.01, 9.01","same event type: m_and_a","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001589526-26-000017","json":"https://secwatch.observer/filing/0001589526-26-000017.json","markdown":"https://secwatch.observer/filing/0001589526-26-000017.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1589526/000158952626000017/0001589526-26-000017-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1589526/000158952626000017/blbd-20260401.htm"},"side_by_side_evidence":{"fact_type":"ma_transaction","source_excerpt":"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","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/775215/000077521526000021/0000775215-26-000021-index.htm","comparable_excerpt":"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","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1589526/000158952626000017/0001589526-26-000017-index.htm"}},{"accession":"0001193125-26-251765","ticker":"FFIC","company_name":"FLUSHING FINANCIAL CORP","filed_at":"2026-06-01T21:21:30+00:00","headline":"OceanFirst completes acquisition of Flushing Financial; FFIC holders receive 0.85 OCFC shares","event_type":"m_and_a","sec_items":["2.01","3.01","3.03","5.01","5.02","9.01"],"materiality_score":0.85,"calibrated_materiality_score":0.85,"match_reasons":["same fact type: ma_transaction","same SEC item: 2.01, 5.02, 9.01","same event type: m_and_a","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-251765","json":"https://secwatch.observer/filing/0001193125-26-251765.json","markdown":"https://secwatch.observer/filing/0001193125-26-251765.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/923139/000119312526251765/0001193125-26-251765-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/923139/000119312526251765/d135457d8k.htm"},"side_by_side_evidence":{"fact_type":"ma_transaction","source_excerpt":"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","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/775215/000077521526000021/0000775215-26-000021-index.htm","comparable_excerpt":"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 ”).","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/923139/000119312526251765/0001193125-26-251765-index.htm"}}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}