---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-071362"
form_type: "8-K"
ticker: null
cik: "0001447051"
company_name: "Territorial Bancorp Inc."
filed_at: "2025-04-02T23:59:59+00:00"
generated_at: "2026-05-23T23:26:13.905261+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Hope Bancorp completes acquisition of Territorial Bancorp; Territorial shareholders get 0.8048 Hope shares per share

## Summary
- Merger closed April 2, 2025; Territorial shareholders receive 0.8048 Hope shares per share.
- Territorial Bancorp ceases to exist; all directors and officers resign effective upon closing.
- Territorial common stock to be delisted from NASDAQ and deregistered under Exchange Act.
- Hope Bancorp is the surviving entity; Territorial's charter and bylaws terminated.

## SEC filing metadata
- accession: 0001193125-25-071362
- form_type: 8-K
- cik: 0001447051
- company_name: Territorial Bancorp Inc.
- filed_at: 2025-04-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1447051/000119312525071362/0001193125-25-071362-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1447051/000119312525071362/d932149d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-071362
- JSON: https://secwatch.observer/filing/0001193125-25-071362.json
- Plain text: https://secwatch.observer/filing/0001193125-25-071362.txt

## Key facts
- M&A Transactions
  Territorial Bancorp Inc. underwent a change of control involving Hope Bancorp, Inc. for 0.8048 shares of Hope Common Stock per share of Territorial Common Stock, plus cash in lieu of fractional shares (closed 2025-04-02).
  - Action: change of control
  - Counterparty: Hope Bancorp, Inc.
  - Consideration: 0.8048 shares of Hope Common Stock per share of Territorial Common Stock, plus cash in lieu of fractional shares
  - Closing: 2025-04-02
  source text: ☐ Introductory Note This Current Report on Form 8-K is being filed in connection with the closing of the transactions contemplated by that certain Agreement and Plan of Merger, dated April 26, 2024 (the “Merger Agreement”), by and between Hope Bancorp, Inc., a Delaware corporation (“Hope Bancorp”), and Territorial Bancorp Inc.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1447051/000119312525071362/0001193125-25-071362-index.htm

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