secwatch.observer — SEC 8-K summary
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Issuer:     FLAGSTAR BANK, NATIONAL ASSOCIATION (FLG)
CIK:        0000910073
Form:       8-K
Filed at:   2022-10-28T23:59:59+00:00
Accession:  0001564590-22-035528
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NYCB receives OCC approval for Flagstar merger; agreement extended to Dec 31, 2022
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- OCC approved converting Flagstar Bank to a national bank and merging NYCB into it; waiting period ends Nov 11, 2022.
- Merger agreement extended to Dec 31, 2022 from Oct 31, 2022; consideration and exchange ratio unchanged.
- Closing still requires Federal Reserve Board approval; no associated waiting period expected for FRB.
- Post-merger bank will operate 395 branches across nine states with national mortgage presence.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/910073/000156459022035528/0001564590-22-035528-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/910073/000156459022035528/nycb-8k_20221027.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-035528

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