secwatch.observer — SEC 8-K summary
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Issuer:     COMMERCE BANCSHARES INC /MO/ (CBSH)
CIK:        0000022356
Form:       8-K
Filed at:   2025-06-17T23:59:59+00:00
Accession:  0001104659-25-060053
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Commerce Bancshares to acquire FineMark Holdings; exchange ratio 0.690 shares of CBSH per FineMark share
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- Each FineMark common share converts into 0.690 shares of Commerce common stock; cash for fractional shares.
- Termination fee of $24 million payable by FineMark under certain circumstances.
- Transaction requires FineMark shareholder approval, regulatory approvals, and Nasdaq listing of CBSH shares.
- Certain FineMark officers, directors and shareholders entered voting agreements to support the merger.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/22356/000110465925060053/0001104659-25-060053-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/22356/000110465925060053/tm2517993d8_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-060053

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