---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-039871"
form_type: "8-K"
ticker: "HBAN"
cik: "0000049196"
company_name: "HUNTINGTON BANCSHARES INC /MD/"
filed_at: "2025-10-30T23:59:59+00:00"
generated_at: "2026-05-17T01:27:32.153679+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Huntington enters into merger agreement to acquire Cadence Bank for 2.475x stock exchange ratio

## Summary
- Each Cadence common share converted into 2.475 Huntington common shares; cash for fractional shares.
- Cadence preferred stock converted into new Huntington preferred series with materially equivalent terms.
- Three current Cadence directors, including CEO James D. Rollins III, to join Huntington board.
- Termination fee of $296 million payable under certain conditions if deal fails to close.
- Transaction subject to Huntington and Cadence shareholder approvals and regulatory clearances.

## SEC filing metadata
- accession: 0001140361-25-039871
- form_type: 8-K
- ticker: HBAN
- cik: 0000049196
- company_name: HUNTINGTON BANCSHARES INC /MD/
- filed_at: 2025-10-30T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/49196/000114036125039871/0001140361-25-039871-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/49196/000114036125039871/ef20057903_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-039871
- JSON: https://secwatch.observer/filing/0001140361-25-039871.json
- Plain text: https://secwatch.observer/filing/0001140361-25-039871.txt

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