---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-001115"
form_type: "8-K"
ticker: null
cik: "0001077771"
company_name: "UMPQUA HOLDINGS CORP"
filed_at: "2023-01-10T23:59:59+00:00"
generated_at: "2026-06-20T16:51:00.862873+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Umpqua and Columbia receive FDIC approval; merger closing expected by end of February 2023

## Summary
- 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.

## SEC filing metadata
- accession: 0001140361-23-001115
- form_type: 8-K
- cik: 0001077771
- company_name: UMPQUA HOLDINGS CORP
- filed_at: 2023-01-10T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 3.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1077771/000114036123001115/0001140361-23-001115-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1077771/000114036123001115/brhc10046453_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-001115
- JSON: https://secwatch.observer/filing/0001140361-23-001115.json
- Plain text: https://secwatch.observer/filing/0001140361-23-001115.txt

## Key facts
- Listing & Compliance Notices
  UMPQUA HOLDINGS CORP received a nasdaq deficiency notice notice regarding shareholders (rules 5620(a)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: shareholders
  - Rules: 5620(a)
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1077771/000114036123001115/0001140361-23-001115-index.htm
- Material Agreements
  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
  source text: On January 9, 2023, Umpqua, Columbia, and Merger Sub entered into Amendment No. 1 to the Merger Agreement (the “Amendment”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1077771/000114036123001115/0001140361-23-001115-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.