---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-351626"
form_type: "8-K"
ticker: "HOMB"
cik: "0001331520"
company_name: "HOME BANCSHARES INC"
filed_at: "2021-12-08T23:59:59+00:00"
generated_at: "2026-06-28T02:45:46.270033+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Home BancShares supplements proxy for Happy merger; reveals $1.47M advisor fee and discount rates

## Summary
- Voluntarily supplemented joint proxy statement to moot shareholder lawsuit (Pate Pearson v. Home BancShares).
- Stephens Inc. received $1.47M in fees for its fairness opinion on the Happy merger.
- Piper Sandler used 10.07% discount rate for Home and 10.82% for Happy in NPV analyses.
- Terminal multiple applied to Happy's projected 2026 adjusted net income of $83.4M.
- Special meeting of Home stockholders still scheduled for December 15, 2021 to vote on merger.

## SEC filing metadata
- accession: 0001193125-21-351626
- form_type: 8-K
- ticker: HOMB
- cik: 0001331520
- company_name: HOME BANCSHARES INC
- filed_at: 2021-12-08T23:59:59+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1331520/000119312521351626/0001193125-21-351626-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1331520/000119312521351626/d257385d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-351626
- JSON: https://secwatch.observer/filing/0001193125-21-351626.json
- Plain text: https://secwatch.observer/filing/0001193125-21-351626.txt

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