UMPQUA HOLDINGS CORP: Nasdaq/NYSE listing notice — Umpqua and Columbia receive FDIC approval; merger closing expected by end of February 2023

UMPQUA HOLDINGS CORP

FDIC approval received, final regulatory clearance for combination of Umpqua and Columbia.
Merger expected to close by end of February 2023; termination date extended to March 11, 2023.
Combined bank will have over $50 billion in assets and operate as Umpqua Bank under Columbia Banking System.
Umpqua received Nasdaq notice for missing annual meeting due to pending merger; plans to submit compliance plan by Feb 19.
All other regulatory and shareholder approvals previously obtained; branch divestitures agreed in November 2022.

item 1.01 item 3.01 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

UMPQUA HOLDINGS CORP received a nasdaq deficiency notice notice regarding shareholders (rules 5620(a)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: shareholders
Rules: 5620(a)

Exact text from the filing

January 5, 2023, Umpqua received a written notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market indicating that Umpqua was not in compliance with Listing Rule 5620(a) (the “Annual Shareholders Meeting Rule”), which requires Umpqua to hold an annual meeting of shareholders within 12 months of the end of Umpqua’s fiscal year ended December 31, 2021 for continued listing on the NASDAQ Global Select Market (the “Nasdaq”). The Notice is only a notification of deficiency, not of imminent delisting, and has no current effect on the listing or trading of Umpqua

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

UMPQUA HOLDINGS CORP amended Amendment No. 1 to the Merger Agreement with Columbia Banking System, Inc. and Cascade Merger Sub, Inc. (effective 2023-01-09).

Action: amendment
Agreement: merger
Counterparty: Columbia Banking System, Inc. and Cascade Merger Sub, Inc.
Effective: 2023-01-09

Exact text from the filing

On January 9, 2023, Umpqua, Columbia, and Merger Sub entered into Amendment No. 1 to the Merger Agreement (the “Amendment”).

View on SEC.gov

Browse all listing & compliance notices →

Source: SEC EDGAR

accession 0001140361-23-001115

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.