Company: ONBPP
Filing Date: 2025-01-14
Form Type: S-4
Source: 0001104659-25-003488
Chunk: 10

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-01-14
Form: S-4
Chunk 10
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 (the “bank merger”).

As a result of the foregoing, based on the number of shares of Bremer Class A common stock and Bremer Class B common stock (together, the “Bremer common stock”) outstanding as of the date of the merger agreement, Old National expects to issue approximately 50.2 million shares of Old National common stock to Bremer shareholders upon completion of the mergers, which will result in current Bremer shareholders owning approximately [ ]% of outstanding Old National common stock.

The mergers cannot be completed unless the merger agreement is approved and adopted by the affirmative vote of a majority of the voting power of all shares of Bremer common stock entitled to vote thereon. The closing of the mergers is also subject to the receipt of approvals of the Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency, and the satisfaction of the other conditions specified in the merger agreement.

Q:

Why am I receiving this proxy statement/prospectus?

A:

We are sending this proxy statement/prospectus to you because it is a proxy statement being used by the Bremer board of directors to solicit proxies of Bremer shareholders in connection with approval and adoption of the merger agreement. It describes the proposals to be presented at the special meeting.

This document is also a prospectus that is being delivered to Bremer shareholders because, in connection with the mergers, Old National will issue to Bremer shareholders shares of Old National common stock as merger consideration.

This proxy statement/prospectus contains important information about the merger agreement, the mergers and other related matters, the proposals being voted on at the Bremer special meeting, and important information to consider in connection with an investment in Old National common stock. You should read it carefully and in its entirety. The enclosed materials allow you to have your shares of Bremer common stock voted by proxy without attending the Bremer special meeting. Your vote is important, and we encourage you to submit your proxy as soon as possible, whether or not you intend to attend the Bremer special meeting.

Q:

What are Bremer shareholders being asked to vote on at the Bremer special meeting?

A:

The Bremer board of directors is soliciting proxies from Bremer’s shareholders with respect to the following proposals:

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TABLE OF CONTENTS

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a proposal to approve and adopt the merger agreement (the “merger proposal”); and

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a proposal to adjourn the Bremer special meeting, if necessary or