secwatch.observer — SEC 8-K summary
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Issuer:     Business First Bancshares, Inc. (BFST)
CIK:        0001624322
Form:       8-K
Filed at:   2024-10-03T23:59:59+00:00
Accession:  0001437749-24-030643
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.01, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BFST closes Oakwood Bancshares acquisition; issues ~3.9M shares; combined assets $7.6B
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- Acquisition effective Oct. 1, 2024; each Oakwood share exchanged for 0.5112 BFST shares.
- Total consideration ~3,914,022 shares of BFST common stock issued.
- Pro forma b1BANK has $7.6B assets, $5.9B loans, $6.3B deposits, 55 banking centers.
- William G. Hall appointed to BFST and b1BANK boards; Roy J. Salley named regional chairman, Dallas.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1624322/000143774924030643/0001437749-24-030643-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1624322/000143774924030643/bfbi20241003_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-030643

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