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MidWestOne Financial Group, Inc. completed its previously announced merger with Nicolet Bankshares, Inc. on February 13, 2026, with MidWestOne merging into Nicolet and ceasing to exist as a separate company. Immediately afterward, MidWestOne Bank merged into Nicolet National Bank.
Each share of MidWestOne common stock outstanding at the effective time was converted into the right to receive 0.3175 shares of Nicolet common stock. As a result of the merger, MidWestOne common stock will be suspended from trading and delisted from Nasdaq, and Nicolet plans to terminate MidWestOne’s SEC registration and reporting obligations.
All MidWestOne stockholders lost their rights as MidWestOne shareholders other than the right to receive the merger consideration. Control of the former MidWestOne enterprise passed to Nicolet, whose 12-member board now includes four former MidWestOne directors expected to serve on key committees and receive standard non-employee director compensation.
REEVES CHARLES N reported disposition transactions in a Form 4 filing for MOFG. The filing lists transactions totaling 127,409 shares at a weighted average price of $49.31 per share. Following the reported transactions, holdings were 78,177 shares.