M&A - FIRST BANCSHARES INC /MS/

Form Type: 10-K/A

Filing Date: 2025-03-27

Corporate Action: Merger

Type: Update

Accession Number: 000094755925000014

Filing Summary: This document serves as Amendment No. 1 to the Annual Report on Form 10-K for The First Bancshares, Inc. for the fiscal year ended December 31, 2024, originally filed on March 3, 2025. The amendment is filed to present additional information required by Part III of Form 10-K due to the Company not filing its definitive annual proxy statement within the mandated timeframe. A key highlight is the announcement made on March 17, 2025, regarding a planned all-stock merger with Renasant Corporation, indicating significant corporate consolidation efforts. As a result of this merger, the Company does not expect to hold an annual meeting of its stockholders prior to the merger, signifying a substantial strategic shift in corporate governance and stakeholder engagement. The amendment also includes new certifications as required by the Sarbanes-Oxley Act, affirming the integrity of the financial disclosures provided in the original filing. Overall, this amendment does not alter any previously disclosed financial statements or other significant disclosures that pertain to the company’s operations beyond what has been mentioned regarding the merger with Renasant.

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Form Type: 8-K

Filing Date: 2025-03-17

Corporate Action: Merger

Type: New

Accession Number: 000094755925000011

Filing Summary: On March 17, 2025, The First Bancshares, Inc. and Renasant Corporation announced the successful receipt of all necessary regulatory approvals to complete the merger of The First Bancshares with Renasant Corporation. This merger also includes the acquisition of The FirstBank, a wholly owned subsidiary of The First Bancshares, which will merge into Renasant Bank, the wholly owned subsidiary of Renasant Corporation. A joint press release detailing the announcement has been attached as Exhibit 99.1.

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