---
schema_version: "secwatch.filing_event.v1"
accession: "0000908834-24-000343"
form_type: "8-K"
ticker: "HBNC"
cik: "0000706129"
company_name: "HORIZON BANCORP INC /IN/"
filed_at: "2024-11-25T23:59:59+00:00"
generated_at: "2026-05-29T19:18:49.368755+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Horizon Bancorp terminates LOI to sell mortgage warehouse business; Q4 guidance unchanged

## Summary
- On Nov 22, 2024, Horizon and prospective purchaser terminated non-binding LOI to sell mortgage warehouse business.
- Deal was expected to generate gain-on-sale, neutral to net income; termination does not change Q4 2024 guidance.
- Horizon may continue pursuing sale to other parties but cannot predict terms or if transaction will occur.

## SEC filing metadata
- accession: 0000908834-24-000343
- form_type: 8-K
- ticker: HBNC
- cik: 0000706129
- company_name: HORIZON BANCORP INC /IN/
- filed_at: 2024-11-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/706129/000090883424000343/0000908834-24-000343-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/706129/000090883424000343/horizon_8k112224.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000908834-24-000343
- JSON: https://secwatch.observer/filing/0000908834-24-000343.json
- Plain text: https://secwatch.observer/filing/0000908834-24-000343.txt

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