Stellar Bancorp, Inc. - 8-K Filing
Stellar Bancorp filed to disclose supplemental information related to its pending merger with Prosperity Bancshares amid three lawsuits challenging the transaction and shareholder demand letters alleging incomplete disclosures in the proxy statement/prospectus. The filing adds details about prior discussions between Stellar executives and other financial institutions, including non-disclosure agreements and standstill provisions, as well as updated valuation multiples for selected companies used by Stellar's financial advisor. (Items: 8.01 Other Events)
Tickers: $STEL