secwatch.observer — SEC 8-K summary
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Issuer:     Third Coast Bancshares, Inc. (TCBX)
CIK:        0001781730
Form:       8-K
Filed at:   2025-10-27T23:59:59+00:00
Accession:  0001193125-25-251663
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.85
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Third Coast Bancshares to acquire Keystone Bancshares for 0.45925 TCBX shares per Keystone share
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- Each Keystone share converts to 0.45925 TCBX shares; holders may elect cash subject to $20M aggregate cap.
- Deal requires Keystone to deliver at least $94.576M in adjusted capital (capital surplus minus intangibles).
- Keystone shareholders representing ~12% entered into voting agreement to support the merger.
- Transaction expected to close by September 30, 2026, pending regulatory and shareholder approvals.
- Termination fee of $4,820,128 payable by Keystone under certain circumstances, including alternative proposals.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1781730/000119312525251663/0001193125-25-251663-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1781730/000119312525251663/tcbx-20251022.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-251663

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