Ameris Bancorp (NASDAQ:ABCB) Files An 8-K Entry into a Material Definitive AgreementItem 1.01
On January 31, 2018, Ameris Bancorp (the “Company”) entered into a Registration Rights Agreement with William J. Villari and The Villari Family Gift Trust (the “Registration Rights Agreement”) in connection with the consummation, as of that date, of the Company’s purchase of the outstanding shares of common stock of US Premium Finance Holding Company (“USPF”) to that certain Stock Purchase Agreement dated as of January 25, 2018, as described in the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on January 26, 2018 (the “Prior Report”).
The description contained herein and in the Prior Report of the Registration Rights Agreement is qualified in its entirety by reference to the terms of such document, which is attached hereto as an exhibit and incorporated herein by this reference.
|Item 1.02||Termination of a Material Definitive Agreement.|
Effective as of January 31, 2018, the Management and License Agreement, dated December 15, 2016, among Ameris Bank, the Company’s wholly owned banking subsidiary, William J. Villari and USPF was terminated in connection with the Company’s acquisition of all the outstanding shares of common stock of USPF.
|Item 9.01||Financial Statements and Exhibits.|
Ameris Bancorp ExhibitEX-4.1 2 tv485035_ex4-1.htm EXHIBIT 4.1 Exhibit 4.1 REGISTRATION RIGHTS AGREEMENT This REGISTRATION RIGHTS AGREEMENT (this “Agreement”),…To view the full exhibit click
About Ameris Bancorp (NASDAQ:ABCB)
Ameris Bancorp is a financial holding company. The Company’s business is conducted through its banking subsidiary, Ameris Bank (the Bank), which provides a range of banking services to its retail and commercial customers. The Company operates through four segments: the Banking Division, the Retail Mortgage Division, the Warehouse Lending Division and the SBA Division. The Banking Division is engaged in the delivery of financial services, which include commercial loans, consumer loans and deposit accounts. The Retail Mortgage Division is engaged in the origination, sales and servicing of one- to four-family residential mortgage loans. The Warehouse Lending Division is engaged in the origination and servicing of warehouse lines to other businesses that are secured by underlying one- to four-family residential mortgage loans. The SBA Division is engaged in the origination, sales and servicing of small business administration (SBA) loans.