M&A
confidence high
sentiment positive
materiality 0.75
HomeStreet shareholders approve merger with FirstSun Capital Bancorp
Mechanics Bancorp
- Preliminary vote count at June 18 special meeting indicates shareholders approved merger agreement dated Jan 16, 2024, as amended April 30.
- CEO Mark Mason says strong vote reflects attractiveness of combination; merger remains subject to regulatory approvals.
- Final voting results will be filed on Form 8-K by June 20, 2024.
- Merger would combine HomeStreet (HMST) with FirstSun; Dynamis Subsidiary is the merger subsidiary.