Old National Bancorp Files 8-K on Feb 20 Event

TL;DR

**Old National Bancorp just filed an 8-K for an event on Feb 20, signaling important news is coming.**

AI Summary

Old National Bancorp /IN/ filed an 8-K on February 21, 2024, reporting an event that occurred on February 20, 2024. The filing, under 'Other Events,' indicates a current report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. The company, headquartered at One Main Street, Evansville, Indiana, 47708, has a Commission File Number of 001-15817 and an IRS Employer Identification No. of 35-1539838.

Why It Matters

This filing signals that Old National Bancorp has an event deemed significant enough to warrant immediate disclosure to investors, potentially impacting its stock or future operations.

Risk Assessment

Risk Level: low — The filing itself is administrative and does not disclose specific risks, only that an event occurred.

Key Players & Entities

• OLD NATIONAL BANCORP /IN/ (company) — Registrant
• February 20, 2024 (date) — Date of earliest event reported
• February 21, 2024 (date) — Filing date
• 001-15817 (dollar_amount) — Commission File Number
• 35-1539838 (dollar_amount) — IRS Employer Identification No.

FAQ

Filing Documents

• onb-20240220.htm (8-K) — 37KB
• 0001628280-24-005873.txt ( ) — 207KB
• onb-20240220.xsd (EX-101.SCH) — 2KB
• onb-20240220_def.xml (EX-101.DEF) — 8KB
• onb-20240220_lab.xml (EX-101.LAB) — 30KB
• onb-20240220_pre.xml (EX-101.PRE) — 19KB
• onb-20240220_htm.xml (XML) — 5KB

01 Other Events

Item 8.01 Other Events. As previously announced, on October 26, 2023, Old National Bancorp ("Old National") and CapStar Financial Holdings, Inc. ("CapStar") entered into an Agreement and Plan of Merger (the "Merger Agreement") pursuant to which CapStar will merge with and into Old National, with Old National as the surviving corporation (the "Merger"). Following the Merger (on a date to be determined by Old National), CapStar Bank, a wholly owned subsidiary of CapStar headquartered in Nashville, Tennessee, will merge with and into Old National Bank, with Old National Bank as the surviving bank (the "Bank Merger"). On February 20, 2024, the Board of Governors of the Federal Reserve System approved the Merger and the Office of the Comptroller of the Currency approved the Bank Merger. Completion of the Merger remains subject to approval by CapStar's shareholders at a meeting to be held on February 29, 2024 as well as the satisfaction of the other customary closing conditions set forth in the Merger Agreement. The Merger is currently expected to be completed on April 1, 2024. The Merger Agreement is described in more detail in Old National's Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission (the "SEC") on October 31, 2023.

Forward-Looking Statements

Forward-Looking Statements This Current Report on Form 8-K may contain "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. 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 Merger. Forward-looking statements are not historical facts and represent management's beliefs, based upon information available at the time the statements are made, with regard to the matters addressed; they are not guarantees of future performance. Actual results may prove to be materially different from the results expressed or implied by the forward-looking statements. Forward-looking statements are subject to numerous assumptions, risks and uncertainties that change over time and could cause actual results or financial conditions to differ materially from those expressed in or implied by such statements. Factors that could cause or contribute to such differences include, but are not limited to, (1) expected cost savings, synergies and other financial benefits from the Merger not being realized within the expected time frames and costs or difficulties relating to integration matters being greater than expected, (2) the ability of CapStar to obtain the necessary approval by its shareholders, and (3) the failure of the closing conditions in the Merger Agreement to be satisfied, or any unexpected delay in closing the Merger. Further information regarding additional factors that could affect the forward-looking statements can be found in the cautionary

View Full Filing

View this 8-K filing on SEC EDGAR