Short answer
Bank7 Corp. (BSVN) filed an 8-K current report with the SEC on September 10, 2026 reporting Item 1.01 (Entry into a Material Definitive Agreement). Purchase price increased to $88.96 million from $68.0 million after Bank7 won the court-supervised auction.
Bank7 Corp. 8-K event analysis
AI summary of each reported item and its exhibits
Item 1.01 · Entry into a Material Definitive Agreement
- Purchase price increased to $88.96 million from $68.0 million after Bank7 won the court-supervised auction
- Successful bid totaled $91.0 million, including a $2.04 million break-up fee credit
- Acquisition covers approximately 71% of Century Financial Services’ outstanding shares
- Closing remains subject to a Court Sale Order and required regulatory approvals, including Federal Reserve approval
- Higher consideration increases Bank7’s investment and execution risk before transaction completion
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
Other Bank7 Corp. 8-K filings
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