secwatch / observer
8-K filed January 19, 2024, 6:59 PM ET ticker FSUN CIK 0001709442
M&A confidence high sentiment neutral materiality 0.75

FirstSun Capital Bancorp to acquire HomeStreet in stock merger; $80M upfront investment from Wellington

FIRSTSUN CAPITAL BANCORP

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

FIRSTSUN CAPITAL BANCORP entered into Agreement and Plan of Merger with HomeStreet, Inc., Dynamis Subsidiary, Inc. (effective 2024-01-16).

Action
entry
Agreement
merger
Counterparty
HomeStreet, Inc., Dynamis Subsidiary, Inc.
Effective
2024-01-16
Exact text from the filing
On January 16, 2024, HomeStreet, Inc., a Washington corporation (“ HomeStreet ”), FirstSun Capital Bancorp, a Delaware corporation (“ FirstSun ”), and Dynamis Subsidiary, Inc., a Washington corporation and wholly owned subsidiary of FirstSun (“ Merger Sub ”), entered into an Agreement and Plan of Merger (the “ Merger Agreement ”).
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.95

FIRSTSUN CAPITAL BANCORP shareholders approved Approve the Share Issuance. at the 2024-01-15 meeting.

Outcome
passed
Meeting
2024-01-15
Exact text from the filing
Item 5.07. Submission of Matters to a Vote of Security Holders. Effective January 15, 2024, the holders of a majority of the voting power of FirstSun Common Stock executed a written consent approving and adopting (i) the Share Issuance, and (ii) approving the Charter Amendment.
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.95

FIRSTSUN CAPITAL BANCORP shareholders approved Approve the Charter Amendment to increase the number of authorized shares of capital stock from 60,000,000 to 110,000,000. at the 2024-01-15 meeting.

Proposal
charter amendment
Outcome
passed
Meeting
2024-01-15
Exact text from the filing
Item 5.07. Submission of Matters to a Vote of Security Holders. Effective January 15, 2024, the holders of a majority of the voting power of FirstSun Common Stock executed a written consent approving and adopting (i) the Share Issuance, and (ii) approving the Charter Amendment. The Charter Amendment will increase the number of FirstSun’s authorized shares of capital stock from 60,000,000 to 110,000,000, consisting of 100,000,000 shares of FirstSun Common Stock, and 10,000,000 shares of preferred stock, par value $0.0001 per share and will become effective upon FirstSun’s filing of the Charter Amendment with the Secretary of State of the State of Delaware. The written consent was signed by the holders of 12,945,632 shares of FirstSun Common Stock.
View on SEC.gov

273 material agreements filed in the last 30 days. Browse all material agreements →

FIRSTSUN CAPITAL BANCORP filing history →

Source: SEC EDGAR
accession 0001628280-24-001787
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