Item 8.01 Other Events
The offer to rescind (the "Rescission Offer") by Cadence Bancorporation, a
Delaware corporation (the "Company") the previous acquisition of up to 143,813
shares of Class A common stock, par value $0.01 per share (the "Class A Common
Stock") of the Company, by persons who acquired such shares of Class A Common
Stock pursuant to the Company 2018 Employee Stock Purchase Plan between May 29,
2019 and May 29, 2020, expired at 5:00 p.m., Eastern Time on September 18, 2020.
The Rescission Offer was subject to the terms and conditions set forth in, and
made pursuant to, the prospectus supplement dated August 18, 2020 (the
"Prospectus") as filed with the Registration Statement on Form S-3, File
No. 333-225075, filed with the U.S. Securities and Exchange Commission on
May 21, 2018 as amended through the date hereof (the "Registration Statement").
The foregoing description of the Rescission Offer does not purport to be
complete and is qualified in its entirety by reference to the Prospectus the
full text of which is incorporated herein by reference.
A validity opinion with respect to the Class A Common Stock is being filed with
this Current Report on Form 8-K and is incorporated by reference into the
Registration Statement.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
5.1 Opinion of Wachtell, Lipton, Rosen & Katz, dated September 18, 2020.
23.1 Consent of Wachtell, Lipton, Rosen & Katz, dated September 18, 2020
(included in Exhibit 5.1).
104 Cover Page Interactive Data File (embedded within the Inline XBRL
document).
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