ALTABANCORP Item 8.01 Other Events
On
The Special Dividend was declared in conjunction with the terms and conditions
of that certain Plan and Agreement of Merger dated
Caution Regarding Forward-Looking Statements
This Current Report contains forward-looking statements regarding the expected timing of completion of the transaction. Such statements are subject to numerous assumptions, risks, and uncertainties. Statements that do not describe historical or current facts, including statements about beliefs and expectations, are forward-looking statements. Forward-looking statements may be identified by words such as expect, anticipate, believe, intend, estimate, plan, target, goal, or similar expressions, or future or conditional verbs such as will, may, might, should, would, could, or similar variations. The forward-looking statements are intended to be subject to the safe harbor provided by Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the Private Securities Litigation Reform Act of 1995.
While there is no assurance that any list of risks and uncertainties or risk
factors is complete, below are certain factors which could cause actual results
to differ materially from those contained or implied in the forward-looking
statements: (i) changes in general economic, political, or industry conditions;
(ii) the magnitude and duration of the COVID-19 pandemic and its impact on the
global economy and financial market conditions and the business, results of
operations, and financial condition of the Company and GBCI; (iii) uncertainty
in
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of any legal proceedings that may be instituted against the Company or GBCI;
(xv) the possibility that the proposed transaction may be less accretive than
expected, or may be dilutive, and the anticipated benefits of the transaction
are not realized when expected or at all, including as a result of the impact
of, or problems arising from, the integration of the two companies or as a
result of the strength of the economy and competitive factors in the areas where
the Company and GBCI do business; (xvi) the possibility that the transaction may
be more expensive to complete than anticipated, including as a result of
unexpected factors or events; (xvii) diversion of management's attention from
ongoing business operations and opportunities; (xviii) potential adverse
reactions or changes to business or employee relationships, including those
resulting from the announcement or completion of the transaction; (xix) the
dilution caused by GBCI's issuance of additional shares of its capital stock in
connection with the transaction; (xx) the existence of unforeseen liabilities of
the Company or GBCI; and (xxi) other factors that may affect the future results
of the Company and GBCI. Additional factors that could cause results to differ
materially from those described above can be found in the Company's Annual
Report on Form 10-K for the year ended
All forward-looking statements speak only as of the date they are made and are based on information available at that time. Neither the Company nor GBCI assumes any obligation to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements were made or to reflect the occurrence of unanticipated events except as required by federal securities laws. As forward-looking statements involve significant risks and uncertainties, caution should be exercised against placing undue reliance on such statements.
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