FIRST MERCHANTS CORP Confirms Nasdaq Listings for FRME, FRMEP
Ticker: FRMEP · Form: 8-K · Filed: Feb 7, 2024 · CIK: 712534
| Field | Detail |
|---|---|
| Company | First Merchants Corp (FRMEP) |
| Form Type | 8-K |
| Filed Date | Feb 7, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.125, $0.34 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: corporate-governance, exchange-listing, regulatory-filing
TL;DR
**FRME confirms Nasdaq listing for common stock and preferred shares.**
AI Summary
FIRST MERCHANTS CORP filed an 8-K on February 7, 2024, reporting an event that occurred on February 6, 2024. This filing updates the company's registered securities, specifically its Common Stock (FRME) and Depositary Shares (FRMEP), both listed on The Nasdaq Stock Market LLC. This matters to investors because it confirms the current listing status of the company's publicly traded securities, ensuring transparency and continued access to trading on a major exchange.
Why It Matters
This filing confirms that FIRST MERCHANTS CORP's common stock and depositary shares remain listed on Nasdaq, which is crucial for liquidity and investor confidence.
Risk Assessment
Risk Level: low — This filing is a routine update confirming existing security listings and does not introduce new risks.
Analyst Insight
Investors should note this routine filing confirms the continued listing of FRME and FRMEP on Nasdaq, ensuring normal trading operations. No immediate action is required based on this specific filing.
Key Numbers
- $0.125 — Stated value per share (for Common Stock of FIRST MERCHANTS CORP)
Key Players & Entities
- FIRST MERCHANTS CORP (company) — the registrant filing the 8-K
- The Nasdaq Stock Market LLC (company) — the exchange where securities are registered
- $0.125 (dollar_amount) — stated value per share of Common Stock
Forward-Looking Statements
- FIRST MERCHANTS CORP will continue to trade on The Nasdaq Stock Market LLC. (FIRST MERCHANTS CORP) — high confidence, target: 2025-02-06
FAQ
What was the date of the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on February 6, 2024.
What is the trading symbol for FIRST MERCHANTS CORP's Common Stock?
The trading symbol for FIRST MERCHANTS CORP's Common Stock is FRME.
On which exchange are FIRST MERCHANTS CORP's securities registered?
Both the Common Stock and Depositary Shares of FIRST MERCHANTS CORP are registered on The Nasdaq Stock Market LLC.
What is the stated value per share for FIRST MERCHANTS CORP's Common Stock?
The stated value per share for FIRST MERCHANTS CORP's Common Stock is $0.125.
What type of preferred stock do the Depositary Shares represent an interest in?
The Depositary Shares represent a 1/100th interest in a share of Non-Cumulative Perpetual Preferred Stock, Series A.
Filing Stats: 548 words · 2 min read · ~2 pages · Grade level 11.5 · Accepted 2024-02-07 10:03:04
Key Financial Figures
- $0.125 — ange on which registered Common Stock, $0.125 stated value per share FRME The Nasdaq
- $0.34 — g the declaration of a cash dividend of $0.34 per share. The cash dividend is payable
Filing Documents
- frme-20240206.htm (8-K) — 26KB
- pressrelease-1stqtr2024div.htm (EX-99.1) — 5KB
- 0000712534-24-000047.txt ( ) — 201KB
- frme-20240206.xsd (EX-101.SCH) — 3KB
- frme-20240206_def.xml (EX-101.DEF) — 16KB
- frme-20240206_lab.xml (EX-101.LAB) — 31KB
- frme-20240206_pre.xml (EX-101.PRE) — 16KB
- frme-20240206_htm.xml (XML) — 4KB
01 OTHER EVENTS
ITEM 8.01 OTHER EVENTS On February 7, 2024, First Merchants Corporation issued a press release announcing the declaration of a cash dividend of $0.34 per share. The cash dividend is payable on March 15, 2024 to stockholders of record as of March 1, 2024. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K. The information in this Form 8-K and the attached exhibit shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
01 FINANCIAL STATEMENTS AND EXHIBITS
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS. (a) Not applicable. (b) Not applicable. (c) Not applicable. (d) Exhibits. Exhibit 99.1 Press Release dated February 7, 2024 issued by First Merchants Corporation. Exhibit 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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. First Merchants Corporation (Registrant) By: /s/ Michele M. Kawiecki Michele M. Kawiecki Executive Vice President, Chief Financial Officer (Principal Financial and Accounting Officer) Dated: February 7, 2024