{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-091291","form_type":"8-K","ticker":"NBHC","cik":"0001475841","company_name":"National Bank Holdings Corp","filed_at":"2025-09-18T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.065637+00:00","generated_at":"2026-05-17T06:14:19.256303+00:00","sec_items":["1.01","5.02","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"NBHC to acquire Vista Bancshares: $31.62 cash + 3.1161 NBHC shares per share","bullets":["Consideration per Vista share: $31.62 cash plus 3.1161 NBHC shares; exchange ratio adjustable if NYSE vote required.","Deal expected to close no earlier than January 2, 2026, subject to regulatory approvals and other conditions.","Tangible common equity adjustment: minimum tangible equity target of $246.7M (increasing $2.8M/month after Jan 2, 2026) drives cash escrow.","All Vista stock options and restricted stock awards will be converted into cash and/or NBHC shares at closing.","Merger agreement unanimously approved by both boards; includes customary representations, warranties, and conditions."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-091291","json":"https://secwatch.observer/filing/0001104659-25-091291.json","markdown":"https://secwatch.observer/filing/0001104659-25-091291.md","text":"https://secwatch.observer/filing/0001104659-25-091291.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1475841/000110465925091291/0001104659-25-091291-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1475841/000110465925091291/tm2526246d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T06:14:19.256303+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}