Company: HBAN
Filing Date: 2025-08-08
Form Type: S-4/A
Source: 0001140361-25-029894
Chunk: 104

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-08-08
Form: S-4/A
Chunk 104
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DAQ.

#### Appraisal or Dissenters’ Rights in the Merger
Under Section 10.354 of the TBOC, the holders of Veritex common stock will not be entitled to appraisal or dissenters’ rights in connection with the merger. Under Texas law, a shareholder of Veritex has the rights of dissent and appraisal with respect to a fundamental business transaction, defined as a merger, interest exchange, conversion, or sale of all or substantially all assets. However, under Texas law, a shareholder of Veritex may not dissent from a plan of merger or conversion in which there is a single surviving or new Texas entity, or from a plan of exchange, if (a) on the Veritex record date, the shares of Veritex common stock are listed on a national securities exchange or held of record by more than 2,000 shareholders, and (b) the shareholder is not required by the terms of the plan of merger, conversion, or exchange to accept for the shareholder’s ownership interest (i) any consideration that is different from the consideration to be provided to any other holder of an ownership interest of the same class or series as the ownership interest held by the owner or (ii) any consideration other than (A) ownership interests, or depository receipts in respect of ownership interests, that, immediately after the effective date of the merger, conversion, or exchange will be part of a class or series of ownership interests, or depository receipts in respect of ownership interests, that are (x) listed on a national securities exchange or authorized for listing on the exchange on official notice of issuance; or (y) held of record by at least 2,000 owners; (B) cash instead of fractional ownership interests the shareholder would otherwise be entitled to receive; or (C) any combination of such ownership interests and cash. The holders of Veritex common stock will receive shares of Huntington common stock as consideration in the merger, which shares are currently listed on the Nasdaq, and are expected to continue to be so listed at the effective time. Accordingly, the holders of Veritex common stock are not entitled to any appraisal or dissenters’ rights in connection with the merger.

#### Litigation Relating to the Merger
Since the initial filing on July 21, 2025, of the registration statement of which this proxy statement/prospectus is a part, Veritex, and the Veritex board of directors have received demand letters from purported stockholders of Veritex,