공시 • Apr 01
Pinnacle Financial Corporation completed the acquisition of Morris State Bancshares, Inc. (OTCPK:MBLU) in a reverse merger transaction. Pinnacle Financial Corporation agreed to acquire Morris State Bancshares, Inc. (OTCPK:MBLU) in a reverse merger transaction on November 20, 2025. Under the terms of the definitive agreement, each outstanding share of Morris common stock will be exchanged for the right to receive 0.1095 shares of the combined company’s common stock. The companies plan to unveil a new unified name and logo for the combined bank and company prior to the closing of the transaction. Upon completion of the merger, the combined company’s common stock will begin trading on the OTCQX under a new ticker symbol to be determined at a later date. The combined organization’s corporate headquarters will be located in Elberton, Georgia. Executives and team members of both companies will continue to operate from their existing offices. The combined company’s Board of Directors will consist of nine directors from Pinnacle and eight directors from Morris. The combined company’s executive management will be led by Jackson McConnell, Leonard Blount, David Voyles, Spence Mullis, Scott Wilson, and Chris Bond.
The transaction is expected to close at the end of the first quarter or early second quarter of 2026, subject to satisfaction of customary closing conditions, including the receipt of required regulatory approvals and approval from Morris shareholders. The transaction has been unanimously approved by the Boards of Directors of Pinnacle and Morris. As of March 18, 2026, the transaction has been approved by the shareholders of Morris State Bancshares. The merger has also received all required regulatory approvals. Completion of the merger is expected to occur on April 1, 2026.
Piper Sandler & Co. acted as financial advisor for Pinnacle Financial Corporation. Fenimore Kay Harrison LLP acted as legal advisor for Pinnacle Financial Corporation. Keefe, Bruyette & Woods, Inc. acted as financial advisor for Morris State Bancshares, Inc. Keefe, Bruyette & Woods, Inc. acted as fairness opinion provider for the Board of Directors of Morris State Bancshares, Inc. Alston & Bird LLP acted as legal advisor for Morris State Bancshares, Inc.
Pinnacle Financial Corporation completed the acquisition of Morris State Bancshares, Inc. (OTCPK:MBLU) in a reverse merger transaction on April 1, 2026. 공시 • Nov 20
Pinnacle Financial Corporation agreed to acquire Morris State Bancshares, Inc. (OTCPK:MBLU) in a reverse merger transaction. Pinnacle Financial Corporation agreed to acquire Morris State Bancshares, Inc. (OTCPK:MBLU) in a reverse merger transaction on November 20, 2025. Under the terms of the definitive agreement, each outstanding share of Morris common stock will be exchanged for the right to receive 0.1095 shares of the combined company’s common stock. The companies plan to unveil a new unified name and logo for the combined bank and company prior to the closing of the transaction. Upon completion of the merger, the combined company’s common stock will begin trading on the OTCQX under a new ticker symbol to be determined at a later date. The combined organization’s corporate headquarters will be located in Elberton, Georgia. Executives and team members of both companies will continue to operate from their existing offices. The combined company’s Board of Directors will consist of nine directors from Pinnacle and eight directors from Morris. The combined company’s executive management will be led by Jackson McConnell, Leonard Blount, David Voyles, Spence Mullis, Scott Wilson, and Chris Bond.
The transaction is expected to close at the end of the first quarter or early second quarter of 2026, subject to satisfaction of customary closing conditions, including the receipt of required regulatory approvals and approval from Morris shareholders. The transaction has been unanimously approved by the Boards of Directors of Pinnacle and Morris.
Piper Sandler & Co. acted as financial advisor for Pinnacle Financial Corporation. Fenimore Kay Harrison LLP acted as legal advisor for Pinnacle Financial Corporation. Keefe, Bruyette & Woods, Inc. acted as financial advisor for Morris State Bancshares, Inc. Keefe, Bruyette & Woods, Inc. acted as fairness opinion provider for the Board of Directors of Morris State Bancshares, Inc. Alston & Bird LLP acted as legal advisor for Morris State Bancshares, Inc. 공시 • Nov 01
Morris State Bancshares, Inc. Approves Fourth Quarter Dividend, Payable on or About December 10, 2025 On October 15, 2025, the board of directors of Morris State Bancshares, Inc. approved its fourth quarter dividend of $0.12 per share payable on or about December 10, 2025 to all shareholders of record as of November 10, 2025. 공시 • Jul 30
Morris State Bancshares, Inc. Approves Third Quarter Dividend, Payable on or About September 15, 2025 On July 17, 2025, Morris State Bancshares, Inc. approved a third quarter dividend of $0.12 per share payable on or about September 15, 2025, to all shareholders of record as of August 15, 2025. 공시 • Apr 23
Morris State Bancshares Declares Second Quarter Dividend, Payable on or About June 15, 2025 Morris State Bancshares, Inc. announced on April 16, 2025, the board of directors approved a second quarter dividend of $0.12 per share payable on or about June 15, 2025, to all shareholders of record as of May 15, 2025. 
