8-KThe WireRoutine
Shareholder Vote · Company Update
Filed Dec 23, 2024 · 1y ago · Accession 0001104659-24-131093
Plain English
Material event — a significant development the company must disclose promptly.
Read the source below for the full document.
Filing text
View original ↗Securities and Exchange Commission on December 13,
2024.
The vote results on the matters presented at the Special Meeting were
as follows:
1. Proposal 1 – Busey merger proposal . A proposal to approve the Agreement and Plan of Merger, dated as of August 26,
2024, by and between Busey and CrossFirst (the “merger agreement”) and the issuance of Busey common stock to holders of CrossFirst
common stock pursuant to the merger agreement (including for purposes of complying with Nasdaq Listing Rule 5635(a)):
Votes For
Votes Against
Abstentions
Broker Non-Votes
39,500,271
366,151
357,578
6,269,572
2. Proposal 2 – Busey articles amendment proposal. A proposal to approve an amendment to Busey’s amended and restated
articles of incorporation to increase the authorized number of shares of Busey common stock from 100,000,000 to 200,000,000:
Votes For
Votes Against
Abstentions
Broker Non-Votes
44,943,048
1,186,596
363,928
—
3. Proposal 3 – Busey compensation proposal . A proposal to approve, on an advisory (non-binding) basis, the merger-related
compensation payments that will or may be paid to the named executive officers of Busey in connection with the transactions contemplated
by the merger agreement:
Votes For
Votes Against
Abstentions
Broker Non-Votes
37,826,705
1,893,587
503,708
6,269,572
4. Proposal 4 – Busey adjournment proposal . A proposal to adjourn the Busey special meeting, if necessary or appropriate,
to solicit additional proxies if, immediately prior to such adjournment, there are not sufficient votes to approve the Busey merger proposal,
or to ensure that any supplement or amendment to the accompanying joint proxy statement/prospectus is timely provided to holders of Busey
common stock, was withdrawn, as sufficient votes were cast at the Special Meeting to approve the Busey merger proposal.
Item 8.01.
Other Events.
On December 23, 2024, Busey and CrossFirst issued a joint press
release announcing the results of the Special Meeting and the results of the special meeting of CrossFirst’s stockholders also held
on December 20, 2024. A copy of the joint press release is attached as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01.
Financial Statements and Exhibits.
(d) Exhibits
Exhibit
Number
Description
99.1
Joint Press Release, dated December 23, 2024
104
Cover Page Interactive Data File (the cover page XBRL tags are embedded in the Inline XBRL document)
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.
Dated: December 23, 2024
FIRST BUSEY CORPORATION
By:
/s/ Jeffrey D. Jones
Jeffrey D. Jones
Chief Financial Officer
Filing details
- Company
- FIRST BUSEY CORP /NV/
- Ticker
- BUSEP
- CIK
- 314489
- Form type
- 8-K
- Filing date
- Dec 23, 2024
- Report date
- Dec 20, 2024
- Document
- tm2431813d1_8k.htm
- Size
- 292 KB