Amerant Bancorp Inc. Signs Material Definitive Agreement
Ticker: AMTB · Form: 8-K · Filed: Sep 27, 2024 · CIK: 1734342
| Field | Detail |
|---|---|
| Company | Amerant Bancorp INC. (AMTB) |
| Form Type | 8-K |
| Filed Date | Sep 27, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.10, $19.00, $141.6 m, $155.7 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement, corporate-action
TL;DR
Amerant Bancorp Inc. just signed a big deal, details TBD.
AI Summary
On September 25, 2024, Amerant Bancorp Inc. entered into a material definitive agreement. The filing does not disclose specific details of the agreement or any associated dollar amounts or parties involved.
Why It Matters
This filing indicates a significant new contract or partnership for Amerant Bancorp Inc., which could impact its future business operations and financial performance.
Risk Assessment
Risk Level: medium — The lack of specific details in the filing regarding the material definitive agreement introduces uncertainty about its nature and potential impact.
Key Players & Entities
- Amerant Bancorp Inc. (company) — Registrant
- September 25, 2024 (date) — Date of earliest event reported
- Florida (location) — State of Incorporation
- Mercantil Bank Holding Corp (company) — Former Company Name
FAQ
What is the nature of the material definitive agreement entered into by Amerant Bancorp Inc.?
The filing does not specify the nature of the material definitive agreement.
Who are the other parties involved in this material definitive agreement?
The filing does not disclose the names of the other parties involved in the agreement.
What is the effective date of this material definitive agreement?
The earliest event reported in relation to this agreement is September 25, 2024.
Are there any financial implications or dollar amounts associated with this agreement mentioned in the filing?
No specific dollar amounts or financial implications of the agreement are disclosed in this filing.
Does this agreement represent a significant change in Amerant Bancorp Inc.'s business strategy?
The filing indicates a material definitive agreement, suggesting potential significance, but does not elaborate on strategic changes.
Filing Stats: 1,305 words · 5 min read · ~4 pages · Grade level 11.7 · Accepted 2024-09-26 20:10:58
Key Financial Figures
- $0.10 — Company's Class A Voting Common Stock, $0.10 par value per share (the " Common Stock
- $19.00 — k "), to the Underwriters at a price of $19.00 per share, and granted the Underwriters
- $141.6 m — eds of the Offering to be approximately $141.6 million, or approximately $155.7 million
- $155.7 million — mately $141.6 million, or approximately $155.7 million if the Underwriters exercise in full th
Filing Documents
- d155898d8k.htm (8-K) — 33KB
- d155898dex11.htm (EX-1.1) — 195KB
- d155898dex51.htm (EX-5.1) — 13KB
- d155898dex991.htm (EX-99.1) — 9KB
- d155898dex992.htm (EX-99.2) — 10KB
- g155898g0926234433610.jpg (GRAPHIC) — 3KB
- 0001193125-24-227154.txt ( ) — 452KB
- amtb-20240925.xsd (EX-101.SCH) — 3KB
- amtb-20240925_lab.xml (EX-101.LAB) — 17KB
- amtb-20240925_pre.xml (EX-101.PRE) — 11KB
- d155898d8k_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. AMERANT BANCORP INC. Date: September 26, 2024 By: /s/ Julio V. Pena Name: Julio V. Pena Title: Senior Vice President, Securities Counsel and Corporate Secretary