8-Kfiled December 21, 2021, 6:59 PM ETticker FSUNCIK 0001709442
other materialconfidence highsentiment neutralmateriality 0.70
FirstSun delays Pioneer Bancshares merger closing to March 2022 pending regulatory approvals
FIRSTSUN CAPITAL BANCORP
Merger with Pioneer Bancshares extended to March 31, 2022, as bank regulatory approvals not yet received; other closing conditions satisfied.
Board appointed Beverly O. Elving as Class I director and Audit Committee chair; she brings corporate finance experience from Applebee's and FDIC.
Stockholders approved 2021 Equity Incentive Plan authorizing 2,476,571 shares; also approved amended bylaws and certificate of incorporation amendment.
Bylaw amendments reduce board quorum to majority, add advance notice requirements for stockholder proposals, and provide committee flexibility.
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