Search:
   

Wednesday, April 24, 2024

Equity Corporate Actions Alert #2024 - 211
(UPDATED: Merger closed) Information Regarding the Merger of Summit Financial Group, Inc. (SMMF)

Category:

  • Industry Announcement

Markets Impacted:

Contact Information:

Resources:

At a special meeting held on December 6, 2023, the shareholders of Summit Financial Group, Inc. (SMMF) approved the merger with Burke & Herbert Financial Services Corp. (BHRB) . The merger closed prior to the market open on May 3, 2024. In anticipation of the closing, the stock was halted immediately following the after-hours session at 8 p.m. on May 2, 2024. The stock will remain halted on the day of closing (May 3rd) and will be suspended effective May 6, 2024. The details are as follows:

Company Name/Issue: Summit Financial Group, Inc. Common Stock
CUSIP#: 86606G101
Symbol: SMMF
Last Trading Date: May 2, 2024
Marketplace Effective Date for Suspension: May 6, 2024
Merger Consideration: 0.5043 of a share of Burke & Herbert Financial Services Corp. Common Stock (BHRB) for each share held.

Email Alert Subscriptions:
Nasdaq offers customers the ability to self select news delivery across various Nasdaq markets. Create and maintain a profile for updating alert preferences and contact information. Visit the enrollment form on the Nasdaq Trader website and sign up today! Please note that if you choose to unsubscribe from an email list, you may no longer receive potentially critical emails from the NASDAQ Stock Market regarding Nasdaq's trading and data products, regulatory issues or marketplace initiatives. To unsubscribe, also click on the enrollment form

Please follow Nasdaq on Facebook RSS and Twitter.

Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $13 trillion. To learn more, visit: business.nasdaq.com.

View NASDAQTrader.com Mobile