{"schema_version":"secwatch.filing_event.v1","accession":"0001552781-24-000253","form_type":"8-K","ticker":"FSUN","cik":"0001709442","company_name":"FIRSTSUN CAPITAL BANCORP","filed_at":"2024-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.688321+00:00","generated_at":"2026-06-03T04:34:25.827508+00:00","sec_items":["1.01","3.02","7.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"FirstSun and HomeStreet amend merger terms; capital raise up to $235M, exchange ratio reduced to 0.3867","bullets":["Capital raise increased from $175M to up to $235M; Wellington leads additional $45M to $60M equity investment.","Exchange ratio reduced from 0.4345 to 0.3867, valuing HomeStreet at $13.53 per share based on April 29 close.","Termination fee payable by HomeStreet cut from $10M to $2.6M plus expenses if competing bid within 30 days.","Bank merger restructured: Sunflower Bank to convert to Texas state charter; OCC app withdrawn, replaced by Fed and Texas approvals.","FirstSun to issue $48.5M subordinated debt; HomeStreet to sell ~$300M CRE loans post-close."],"urls":{"canonical":"https://secwatch.observer/filing/0001552781-24-000253","json":"https://secwatch.observer/filing/0001552781-24-000253.json","markdown":"https://secwatch.observer/filing/0001552781-24-000253.md","text":"https://secwatch.observer/filing/0001552781-24-000253.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1709442/000155278124000253/0001552781-24-000253-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1709442/000155278124000253/e24212_fsun-8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T04:34:25.827508+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"9f6db0e20f41940eb5dac24ff7a8c00fcebc9f5a","claim":"FIRSTSUN CAPITAL BANCORP amended Amendment No. 1 to Agreement and Plan of Merger with HomeStreet, Inc., Dynamis Subsidiary, Inc. valued at Increase in FirstSun's total equity capital raise from $175 million to up to $235 million; reduced E (effective 2024-04-30).","evidence_excerpt":"On April 30, 2024, FirstSun Capital Bancorp, a Delaware corporation (“ FirstSun ”), entered into Amendment No. 1 (the “ Amendment ”) to the Agreement and Plan of Merger, dated January 16, 2024 (the “ Merger Agreement ”), by and among HomeStreet, Inc., a Washington corporation (“ HomeStreet ”), FirstSun, and Dynamis Subsidiary, Inc., a Washington corporation and wholly owned subsidiary of FirstSun (“ Merger Sub ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1709442/000155278124000253/0001552781-24-000253-index.htm","confidence":1.0,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"HomeStreet, Inc., Dynamis Subsidiary, Inc."},{"label":"Value","value":"Increase in FirstSun's total equity capital raise from $175 million to up to $235 million; reduced E"},{"label":"Effective","value":"2024-04-30"}],"fact_type":"material_agreement"},{"claim_id":"a06eb6b7ef119ff3d518f63848aa713df6400d72","claim":"FIRSTSUN CAPITAL BANCORP amended First Amendment to Acquisition Finance Securities Purchase Agreement with Wellington Management and certain other institutional accredited investors valued at Additional investment of $45 million for an aggregate total investment of $140 million; sale and iss (effective 2024-04-30).","evidence_excerpt":"Concurrently with its entry into the Amendment, on April 30, 2024, FirstSun entered into a First Amendment to Acquisition Finance Securities Purchase Agreement (the “ AFSPA Amendment ”) dated January 16, 2024, with certain funds managed by Wellington Management (“ Wellington ”) and certain other institutional accredited investors (each, an “ Additional Investor ” and, collectively with Wellington, the “ Investors ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1709442/000155278124000253/0001552781-24-000253-index.htm","confidence":1.0,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Wellington Management and certain other institutional accredited investors"},{"label":"Value","value":"Additional investment of $45 million for an aggregate total investment of $140 million; sale and iss"},{"label":"Effective","value":"2024-04-30"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}