FirstSun Capital Bancorp Shareholders Approve Merger Deal and Charter Changes

Stockholders vote to adopt merger agreement with First Foundation Inc. and amend company's certificate of incorporation.

Published on Feb. 28, 2026

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FirstSun Capital Bancorp (NASDAQ:FSUN) held a virtual special meeting of stockholders to vote on proposals related to its planned merger with First Foundation Inc., including the adoption of the merger agreement and amendments to FirstSun's certificate of incorporation. Shareholders overwhelmingly approved the merger deal and charter changes.

Why it matters

The approval of the merger agreement and charter amendments clears the way for FirstSun Capital Bancorp to complete its acquisition by First Foundation Inc. This transaction will expand First Foundation's footprint and combine the resources of the two banking institutions.

The details

At the special meeting, shareholders voted on four key proposals. The first proposal to adopt the merger agreement between FirstSun and First Foundation was approved, as were proposals to increase the number of authorized common shares and create a new class of non-voting common stock. With these approvals, the company withdrew the fourth proposal to adjourn the meeting.

  • The special meeting of FirstSun Capital Bancorp shareholders was held on February 28, 2026.
  • The board set January 9, 2026 as the record date for determining stockholders entitled to vote.
  • The mailing of the joint proxy statement and notice of special meeting began on January 15, 2026.

The players

FirstSun Capital Bancorp

A commercial banking services provider headquartered in Denver, Colorado.

First Foundation Inc.

The company that is acquiring FirstSun Capital Bancorp through a merger transaction.

Mollie Carter

The Executive Chairman of FirstSun Capital Bancorp who presided over the special shareholder meeting.

Kelly Rackley

The Corporate Secretary of FirstSun Capital Bancorp who served as secretary during the special meeting.

Rob Caffera

The Chief Financial Officer of FirstSun Capital Bancorp.

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What’s next

FirstSun Capital Bancorp will file the final voting results from the special meeting with the Securities and Exchange Commission on a Form 8-K.

The takeaway

This merger transaction will allow First Foundation to expand its banking footprint and combine the resources of the two institutions, creating a larger and more diversified financial services provider.