secwatch.observer — SEC 8-K summary
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Issuer:     COMMERCE BANCSHARES INC /MO/ (CBSH)
CIK:        0000022356
Form:       8-K
Filed at:   2025-12-03T23:59:59+00:00
Accession:  0001104659-25-118152
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.35
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Commerce-FineMark merger exchange ratio adjusted to 0.7245 after 5% stock dividend
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- Exchange ratio increased from 0.690 to 0.7245 shares of CBSH per FNBT share due to 5% stock dividend.
- Stock dividend declared Oct 31, 2025, payable Dec 16 to CBSH holders of record Dec 2, 2025.
- Effective time of merger expected on or about January 1, 2026.
- No other changes to merger terms; closing conditions remain unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/22356/000110465925118152/0001104659-25-118152-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/22356/000110465925118152/tm2532583d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-118152

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