HomeStreet Files 8-K for Regulation FD Disclosure

Ticker: MCHB · Form: 8-K · Filed: Feb 5, 2024 · CIK: 1518715

Complexity: simple

Sentiment: neutral

Topics: regulation-fd, disclosure, compliance

TL;DR

**HomeStreet just filed an 8-K for Regulation FD, meaning they're making previously non-public info public.**

AI Summary

HomeStreet, Inc. filed an 8-K on February 5, 2024, indicating a Regulation FD Disclosure. This filing, while not detailing specific financial events, signals that the company may have shared material non-public information with certain individuals, which it is now making public to ensure fair disclosure. For investors, this means HomeStreet is adhering to SEC rules to prevent selective disclosure, ensuring all shareholders have access to the same information simultaneously, which is crucial for informed investment decisions.

Why It Matters

This filing ensures that all investors receive material information simultaneously, preventing an unfair advantage for those who might have received it privately. It underscores HomeStreet's commitment to transparency and compliance.

Risk Assessment

Risk Level: low — This filing is a procedural disclosure to ensure fair information dissemination, not an announcement of adverse events.

Analyst Insight

Investors should monitor HomeStreet's subsequent announcements for the specific information that prompted this Regulation FD disclosure, as it could contain material news impacting the stock.

Key Numbers

Key Players & Entities

Forward-Looking Statements

FAQ

What is the purpose of an 8-K filing for Regulation FD Disclosure?

An 8-K filing for Regulation FD Disclosure, as seen with HomeStreet, Inc. on February 5, 2024, is used to publicly disclose material non-public information that was previously, or will be, selectively disclosed to certain individuals, ensuring all investors receive the information simultaneously as per SEC rules.

What is the earliest event reported date in this 8-K filing?

The earliest event reported date in this 8-K filing for HomeStreet, Inc. is February 5, 2024.

Where is HomeStreet, Inc. incorporated?

HomeStreet, Inc. is incorporated in Washington, as stated in the filing.

What is HomeStreet, Inc.'s business address?

HomeStreet, Inc.'s principal executive office is located at 601 Union Street, Suite 2000, Seattle, WA 98101, with a business phone number of (206) 623-3050.

What is the trading symbol and exchange for HomeStreet, Inc.'s Common Stock?

The Common Stock of HomeStreet, Inc. trades under the symbol HMST on the Nasdaq Global Select Market.

Filing Stats: 1,393 words · 6 min read · ~5 pages · Grade level 14.4 · Accepted 2024-02-05 17:22:34

Filing Documents

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure The information provided pursuant to this Item 7.01 shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, and shall not be incorporated by reference into any filing or other document filed by HomeStreet, Inc. pursuant to the Exchange Act or the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing or document. The information provided pursuant to this Item 7.01 shall instead be deemed "furnished." FirstSun Capital Bancorp and HomeStreet, Inc. is hereby furnishing a slide presentation that executive management intends to use in meetings with investors. The slide presentation is included as Exhibit 99.1 to this report and will be available on HomeStreet's investor relations web site at http://ir.homestreet.com. The presentation includes forward looking statements within the meaning of the Exchange Act, the Securities Act, and the rules under each of those statutes. CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This communication contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding the proposed transaction between HomeStreet, Inc. ("HomeStreet") and FirstSun Capital Bancorp ("FirstSun"). In general, forward-looking statements can be identified through use of words such as "may," "believe," "expect," "anticipate," "intend," "will," "should," "plan," "estimate," "predict," "continue" and "potential" or the negative of these terms or other comparable terminology, and include statements related to the expected timing, completion, financial benefits, and other effects of the proposed mergers (the "Merger"). Forward

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits (d) Exhibits. Exhibit 99.1 FirstSun Capital Bancorp and HomeStreet, Inc. Joint Investor Presentation, dated February 5, 2024 (furnished only) Exhibit 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 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. Date: February 5, 2024 HomeStreet, Inc. By: /s/ John M. Michel John M. Michel Executive Vice President and Chief Financial Officer

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