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First Merchants Corp 8-K Report: Key Insights on Stock Offerings & Structure

$FRME
Form 8-K
Filed on: 2025-02-14
Source
First Merchants Corp 8-K Report: Key Insights on Stock Offerings & Structure

Based on the extracted section of the financial report, here are the key insights and information:

  1. Entity Information:
  • Company Name: First Merchants Corp
  • SEC CIK: 0000712534
  • Address: 200 East Jackson Street, P.O. Box 792, Muncie, IN 47305-2814
  • Contact Number: 765-747-1500
  1. Reporting Period:
  • Date of Report: February 14, 2025
  • This report is submitted as an 8-K filing, which indicates it is a current report to disclose significant events.
  1. Stock Information:
  • Common Stock:
    • Stated Value: $0.125 per share
    • Ticker Symbol: FRME (listed on NASDAQ)
  • Depositary Shares:
    • Each depositary share represents a 1/100th interest in a share of Non-Cumulative Perpetual Preferred Stock, Series A.
    • Ticker Symbol for Depositary Shares: FRMEP (listed on NASDAQ)
  1. Stock Structure:
  • The report identifies two classes of stock:
    • Common Stock: Reflected as a member of the Statement Class of Stock Axis.
    • Depositary Shares: Also classified under the Statement Class of Stock Axis, indicating a structured equity offering.
  1. Tax Identification:
  • EIN: 35-1544218

Summary:

This financial report provides vital information regarding First Merchants Corp's stock offerings and structure as of February 14, 2025. It highlights the common stock's stated value and details on the preferred stock represented by depositary shares, which can appeal to investors seeking different forms of equity in the company. The filing type (8-K) indicates that it is aimed at informing stakeholders about significant changes or events that may influence investment decisions.