FirstSun to Acquire First Foundation in All-Stock Deal
FirstSun Capital Bancorp is set to acquire First Foundation Inc. in an all-stock merger agreement, with FirstSun as the surviving entity. Following the merger, First Foundation Bank will merge with Sunflower Bank, which will remain as the surviving bank. Shareholders of First Foundation will receive 0.16083 shares of FirstSun for each share owned. The transaction is expected to close in early Q2 2026, pending approvals. FirstSun will also amend its certificate of incorporation to increase authorized common stock and create a new class of non-voting common stock.
FirstSun Capital Bancorp and First Foundation Inc. have entered into a merger agreement under which First Foundation will merge into FirstSun, with FirstSun as the surviving corporation. Following the merger, First Foundation’s subsidiary, First Foundation Bank, will also merge with FirstSun’s subsidiary, Sunflower Bank, which will continue as the surviving bank. The boards of directors of both companies have unanimously approved the agreement. First Foundation shareholders will receive 0.16083 shares of FirstSun common stock for each share they own. The transaction is expected to close early in the second quarter of 2026, pending required approvals and customary closing conditions. Additionally, FirstSun will amend its certificate of incorporation to increase authorized common stock and create a new class of non-voting common stock, which may be issued to certain former First Foundation stockholders. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Foundation Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-104430), on October 30, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
