Bank of the Ozarks, Inc. (NASDAQ:OZRK) Files An 8-K Entry into a Material Definitive Agreement

Bank of the Ozarks, Inc. (NASDAQ:OZRK) Files An 8-K Entry into a Material Definitive Agreement

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Item 1.01Entry into a Material Definitive Agreement

On May 24, 2017, Bank of the Ozarks, Inc. (the Company) entered
into an underwriting agreement (the Underwriting Agreement) with
J.P. Morgan Securities LLC, as the underwriter (the Underwriter),
to which the Company agreed to issue and sell to the Underwriter
and the Underwriter agreed to purchase, subject to and upon terms
and conditions set forth in the Underwriting Agreement, 6,600,000
shares of the Companys common stock, par value $0.01 per share
(the Common Stock).The Company also granted the Underwriter a
30-day option to purchase up to an additional 990,000 shares of
Common Stock.

The offering was made to the Companys shelf registration
statement on Form S-3 (Registration No. 333-203388). For a
complete description of the terms and conditions of the
Underwriting Agreement, please refer to the Underwriting
Agreement, which is incorporated herein by reference and attached
to this Current Report on Form 8-K as Exhibit 1.1.

Item 8.01Other Events

On May 31, 2017, the Company completed the issuance and sale of
6,600,000 shares of Common Stock to the Underwriting Agreement.
The net proceeds of the offering, after deducting estimated
offering expenses, were approximately $299.7 million.

This Current Report on Form 8-K does not constitute an offer to
sell or a solicitation of an offer to buy the Common Stock, nor
shall there be any sale of the Common Stock in any state or
jurisdiction in which such an offer, solicitation or sale would
be unlawful prior to registration or qualification under the
securities laws of any such jurisdiction.

Item 9.01 Financial Statements and Exhibits.



Exhibit 1.1

Underwriting Agreement, dated May 24, 2017, by and
between Bank of the Ozarks, Inc. and J.P. Morgan
Securities LLC

Exhibit 5.1

Opinion of Kutak Rock LLP relating to the legality of the
Common Stock

Exhibit 99.1

Consent of Kutak Rock LLP (included as part of Exhibit

About Bank of the Ozarks, Inc. (NASDAQ:OZRK)

Bank of the Ozarks, Inc. is a bank holding company. The Company owns an Arkansas state chartered subsidiary bank, Bank of the Ozarks (the Bank). The Company, through the Bank, conducts operations through approximately 257 offices, including over 80 offices in Arkansas, approximately 30 in Georgia, over 20 in North Carolina, over 20 in Texas, approximately 44 in Florida, over three in Alabama, approximately two each in South Carolina and New York, and one in California. It owns Ozark Capital Statutory Trust II, Ozark Capital Statutory Trust III, Ozark Capital Statutory Trust IV and Ozark Capital Statutory Trust V (collectively, the Ozark Trusts). It owns Intervest Statutory Trust II, Intervest Statutory Trust III, Intervest Statutory Trust IV and Intervest Statutory Trust V. It provides a range of retail and commercial banking services. Its deposit services include checking, savings, money market, time deposit and individual retirement accounts.

Bank of the Ozarks, Inc. (NASDAQ:OZRK) Recent Trading Information

Bank of the Ozarks, Inc. (NASDAQ:OZRK) closed its last trading session down -0.25 at 44.20 with 1,676,748 shares trading hands.

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