other material
confidence high
sentiment positive
materiality 0.65
FirstSun Capital Bancorp secures additional $15M equity investment for HomeStreet merger, total raise to $235M
FIRSTSUN CAPITAL BANCORP
- Additional $15M investment from Castle Creek, Maltese Capital, Philadelphia Financial at $32.50/share.
- Total equity capital raised for merger increases from $220M to $235M.
- Approximately 460k shares of common stock to be issued contingent on merger closing.
- Investors joined the existing Acquisition Finance Securities Purchase Agreement dated Jan 16, 2024.