July 20, 2017Merger Agreement • July 20th, 2017 • Smartfinancial Inc. • National commercial banks
We have acted as counsel to SmartFinancial, Inc., a Tennessee corporation (“SmartFinancial”), in connection with the merger (the “Parent Merger”) of Capstone Bancshares, Inc., an Alabama corporation (“Bancshares”), with and into SmartFinancial. The Parent Merger is pursuant to that certain Agreement and Plan of Merger (the “Merger Agreement”), dated as of May 22, 2017, by and among SmartFinancial; SmartBank, a Tennessee-chartered commercial bank and wholly-owned subsidiary of SmartFinancial (“SmartBank”); Bancshares; and Capstone Bank, an Alabama-chartered commercial bank and wholly-owned subsidiary of Bancshares (“Capstone”), as described in the Registration Statement on Form S-4 filed by SmartFinancial with the Securities and Exchange Commission (the “Registration Statement”) on the date hereof, pursuant to the Securities Act of 1933, as amended (the “Act”).
July 20, 2017Agreement and Plan of Merger • July 20th, 2017 • Smartfinancial Inc. • National commercial banks
We have represented Bancshares, an Alabama corporation, in its merger with and into SmartFinancial, a Tennessee corporation, (the “Parent Merger”). The Parent Merger is pursuant to the Agreement by and among SmartFinancial; SmartBank, a Tennessee-chartered commercial bank and wholly-owned subsidiary of SmartFinancial; Bancshares; and Capstone, an Alabama-chartered commercial bank and wholly-owned subsidiary of Bancshares, as described in the Registration Statement on Form S-4 filed by SmartFinancial with the Securities and Exchange Commission (the “Registration Statement”) on the date hereof, pursuant to the Securities Act of 1933, as amended (the “Act”).
