South Plains Financial, Inc. completed its acquisition of BOH Holdings, Inc. on 2025-12-01, according to the Form 8-K South Plains Financial, Inc. filed with the SEC on 2026-04-01. The filing's Item 2.01 states no aggregate dollar price.
| Acquirer | South Plains Financial, Inc. |
|---|---|
| Acquired | BOH Holdings, Inc. |
| Completed | 2025-12-01 |
| Reported by | South Plains Financial, Inc. (SPFI), the buyer |
| Filing | Form 8-K, filed 2026-04-01 |
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What the filing says
As previously announced, on December 1, 2025, South Plains Financial, Inc., a Texas corporation ("SPFI"), and BOH Holdings, Inc., a Texas corporation ("BOH"), entered into an Agreement and Plan of Reorganization (the "Reorganization Agreement"), providing for the acquisition by SPFI of BOH through the merger of BOH with and into SPFI, with SPFI surviving the merger (the "Merger").
More from the filing
The Merger was completed effective as of April 1, 2026.
Immediately after the Merger, Bank of Houston, a Texas state banking association and wholly-owned subsidiary of BOH, merged with and into City Bank, a Texas state banking association and wholly-owned subsidiary of SPFI ("City Bank"), with City Bank surviving the merger.
Pursuant to the terms of the Reorganization Agreement, each share of BOH common stock held immediately prior to the effective time of the Merger was converted into the right to receive, without interest, 0.1925 shares of SPFI common stock, as adjusted pursuant to the Reorganization Agreement, plus cash, without interest, in lieu of any fractional shares (collectively, the "Per Share Merger Consideration").
Quoted from South Plains Financial, Inc.'s Form 8-K.
This is the only completed acquisition South Plains Financial, Inc. reported under Item 2.01 in the last twelve months.
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Get the free SnapshotWhere this comes from
A public company must file a current report on Form 8-K with the SEC within four business days of completing a significant acquisition or disposition of assets, under Item 2.01 of the report. The acquired company sometimes files one too, when the deal makes it a subsidiary of the buyer.
Every fact on this page is taken from one of those filings and linked to it: which company acquired which, the date the filing gives for completion, and the price when the filing states one in dollars, shown next to the sentence that states it. A filing states what was bought and on what terms; it rarely states why, and neither does this page.