m_and_a
confidence high
sentiment neutral
materiality 0.80
FirstSun to acquire First Foundation in all-stock merger; First Foundation holders to own ~40.5%
FIRSTSUN CAPITAL BANCORP
- Exchange ratio: 0.16083 FirstSun shares per First Foundation share.
- First Foundation stockholders expected to hold ~40.5% of combined company.
- Combined board: 13 members (8 from FirstSun, 5 from First Foundation).
- Termination fees: $45.1M payable by FirstSun, $31.4M by First Foundation.
- Expected close early Q2 2026; subject to regulatory and stockholder approvals.
item 1.01item 9.01