Tri-County Financial Group, Inc. 8K

HBT Financial, Inc. agreed to acquire Tri-County Financial Group, Inc. in a stock-and-cash merger with follow-on upstream and bank mergers under a tax-free reorganization structure.

On August 10, 2026, HBT Financial, Inc. entered into an Agreement and Plan of Merger with its wholly owned subsidiary HB‑TYFG Merger, Inc. and Tri-County Financial Group, Inc., under which MergerCo will merge with and into Tri-County with Tri-County surviving as a wholly owned subsidiary of HBT, followed immediately by a second-step merger of Tri-County into HBT and a subsequent bank merger of their banking subsidiaries, with Tri-County shareholders entitled, subject to proration and elections, to receive for each share of Tri-County common stock either 2.4589 shares of HBT common stock, $71.01 in cash, or a mix of cash and stock within fixed aggregate cash and stock consideration caps, and Tri-County stock options being cancelled for cash based on the stock value, all conditioned on shareholder approvals, regulatory approvals, and other customary closing conditions with an intended tax-free reorganization under Section 368(a) of the Code.

Filing Facts

CIK

1725262

Ticker

-

Form

8K

Source Type

sec

Accession

0001493152-26-036754

Alert Tier

8