SouthState Corporation filed an amended Form 8-K to provide financial statements and pro forma financial information related to its acquisition of Independent Bank Group, Inc., which was completed on January 1, 2025. The merger included the integration of Independent Bank into SouthState Bank, creating a larger combined entity.
The filing includes audited financial statements for Independent Bank Group and unaudited pro forma financial statements, which illustrate how the merger may have impacted financial results if completed earlier. These figures are based on preliminary fair value assessments and are not final.
The report also outlines potential risks, including economic volatility, integration challenges, and regulatory compliance. SouthState cautions that actual results may differ from the projections. The filing includes consents from auditors and references additional regulatory filings related to the merger.
2025-03-05
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