secwatch.observer — SEC 8-K summary
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Issuer:     Capital Bancorp Inc (CBNK)
CIK:        0001419536
Form:       8-K
Filed at:   2026-09-30T11:03:34+00:00
Accession:  0001419536-26-000145
Event type: m_and_a
Sentiment:  positive
Materiality: 0.97
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Peoples Bancorp to acquire Capital Bancorp in all-stock merger valued at about $728.1 million
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- Capital shareholders will receive 1.11 shares of Peoples common stock per share, implying $43.75 per share based on Peoples' 20-day VWAP of $39.41 as of Sept. 29, 2026.
- The all-stock transaction is valued at approximately $728.1 million; Capital shareholders are expected to own about 32% of the combined company.
- The combined company is expected to have about $14 billion in assets, $10 billion in loans and $11 billion in deposits across over 150 locations in eight states and Washington, D.C.
- Capital must pay Peoples a $30.66 million termination fee under specified circumstances; deal expected to close in first half of 2027 subject to regulatory and shareholder approvals.
- Capital directors and executive officers signed support agreements to vote their shares in favor; three Capital directors are expected to join Peoples' board.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1419536/000141953626000145/0001419536-26-000145-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1419536/000141953626000145/cbnk-20260929.htm
  HTML page:      https://secwatch.observer/filing/0001419536-26-000145

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