secwatch.observer — SEC 8-K summary
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Issuer:     CROSSFIRST BANKSHARES, INC. (—)
CIK:        0001458412
Form:       8-K
Filed at:   2025-03-03T23:59:59+00:00
Accession:  0001104659-25-019506
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.90
Item codes: 2.01, 3.01, 3.03, 5.03, 5.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CrossFirst Bankshares completes merger with First Busey; CFB shareholders receive 0.6675 Busey shares per CFB share
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- CrossFirst merged with and into Busey on March 1, 2025; each CFB share converted into 0.6675 Busey shares.
- CrossFirst common stock delisted from NASDAQ; CrossFirst ceased to exist as separate entity.
- Michael J. Maddox appointed Executive Vice Chairman of Busey board and President of Busey; Amy J. Fauss appointed CIO/CTO.
- Five CrossFirst directors appointed to Busey's expanded 13-member board.
- Bank merger of CrossFirst Bank into Busey Bank expected to close June 20, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1458412/000110465925019506/0001104659-25-019506-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1458412/000110465925019506/tm257858d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-019506

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