secwatch.observer — SEC 8-K summary
======================================

Issuer:     Third Coast Bancshares, Inc. (TCBX)
CIK:        0001781730
Form:       8-K
Filed at:   2026-01-16T23:59:59+00:00
Accession:  0001193125-26-015445
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Third Coast supplements proxy with projections for Keystone merger; denies shareholder claims
--------------------------------------------------------------------------------

- Received four demand letters alleging proxy omissions; denies violations but provides supplemental disclosures.
- Third Coast standalone projected net income: $59.8M (2025) to $86.3M (2030); assets $5.1B to $7.6B.
- Keystone standalone projected net income: $9.9M (2025) to $14.5M (2030); assets $1.0B to $1.5B.
- Pro forma: 1.9% dilution to TBVPS, but 5.2% EPS accretion in 2027 and 5.3% in 2028.
- Merger consideration and special meeting dates (Jan 23/29, 2026) unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1781730/000119312526015445/0001193125-26-015445-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1781730/000119312526015445/d215168d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-015445

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer