M&A - GUARANTY BANCSHARES INC /TX/
Form Type: 425
Filing Date: 2025-06-24
Corporate Action: Merger
Type: New
Accession Number: 000119312525145814
Filing Summary: On June 24, 2025, Guaranty Bancshares, Inc. and Glacier Bancorp, Inc. announced the signing of a Merger Agreement. This transaction is an all-stock deal where Guaranty shareholders will receive one share of Glacier stock for each share of Guaranty, implying a transaction value of $476.2 million based on Glacier's share price as of June 23, 2025. The merger marks another strategic acquisition for Glacier, intending to expand its presence into Texas, with approvals from regulators and Guaranty shareholders required before closing. The integration is expected to leverage Glacier's community banking model in Texas, with Guaranty continuing to operate under its name as a division of Glacier Bank. The transaction is anticipated to close in the fourth quarter of 2025 after fulfilling customary conditions.
Additional details:
Trading Symbol: GNTY
Transaction Value: 476.2 million
Share Conversion Ratio: 1.0000
Expected Closing Quarter: Q4 2025
Approvals Required: regulatory and shareholder
Form Type: 8-K
Filing Date: 2025-06-24
Corporate Action: Merger
Type: New
Accession Number: 000119312525145812
Filing Summary: On June 24, 2025, Guaranty Bancshares, Inc. (GNTY) and Glacier Bancorp, Inc. (GBCI) announced the signing of a Merger Agreement. The merger involves GNTY merging with GBCI, with GBCI surviving, and subsequently, Guaranty Bank merging with Glacier Bank, with Glacier Bank remaining a wholly owned subsidiary of GBCI. This document details the structure and conditions of the proposed merger, including forward-looking statements regarding the transaction's timeline, benefits, and associated risks. The filing also includes references to press releases issued by both companies and the intent to file a Registration Statement with the SEC, providing more information to shareholders. The communication is not an offer to sell securities or solicit votes and urges investors to read the upcoming Registration Statement and accompanying documents carefully.
Additional details:
Item 7 01 Press Release 1: Joint Press Release dated June 24, 2025
Item 7 01 Press Release 2: Local Press Release dated June 24, 2025
Item 7 01 Employee Communication: Guaranty Bank & Trust Employee FAQs
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