On June 27, 2024, Blue Lion Capital announced that it has sent a letter to HomeStreet Inc board, regarding change in control payments that the Company's management team may receive as part of the FirstSun Capital Bancorp merger, On April 30, 2024, the Company and FirstSun Capital amended their merger agreement and the price that the Company shareholders would receive is now 11% less ($30.5 million) than what was previously announced, and Blue Lion believes all the blame for the $30.5 million reduction in the consideration for shareholders was due to Mark Mason and the Board. In addition, Blue Lion is strongly encouraging the Board to remove the CIC payments as part of the merger as a result of these missteps, and the Company shareholders voted against the CIC payments to be made to Mark Mason and other named executive officer, however, the outcome of the vote was advisory and non-binding. Further, Blue Lion encourages shareholders to contact James Mitchell, Company's Lead Independent Director to strongly discourage any CIC payments being made to Company's management team.