Northpointe Bancshares Inc.

31/12/2025 | Press release | Distributed by Public on 31/12/2025 15:22

Material Event (Form 8-K)

Item 8.01 Other Events
On December 30, 2025, Northpointe Bancshares, Inc. (the "Company"), completed the redemption of its outstanding 8.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Series A Preferred Stock for an aggregate price of $77.0 million, which is the face liquidation amount of the shares plus accrued and unpaid dividends. The Company used the net proceeds from the sale of its 7.50% Fixed-to-Floating Rate Subordinated Notes due 2035 on December 9, 2025, together with cash on hand, to fund the redemption.
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