Company: HBAN
Filing Date: 2025-11-13
Form Type: S-4
Source: 0001140361-25-041757
Chunk: 176

Company: HUNTINGTON BANCSHARES INC /MD/
Filing Date: 2025-11-13
Form: S-4
Chunk 176
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 absence of agreements with regulatory agencies; |

| • | information technology; |

| • | related party transactions; |

| • | inapplicability of takeover statutes; |

| • | absence of action or circumstance that could reasonably be expected to prevent the merger from qualifying as a “reorganization” under Section 368(a) of the Code; |

| • | investment securities; |

| • | the receipt of opinions of each party’s respective financial advisors; |

| • | risk management instruments; |

| • | the accuracy of information supplied for inclusion in this joint proxy statement/prospectus and other similar documents; |

| • | employee benefit matters; and |

| • | loan portfolio matters. |

The merger agreement contains additional representations and warranties by Cadence with respect to:

| • | employee matters; |

| • | environmental matters; |

| • | real property; |

| • | intellectual property; |

| • | insurance matters; |

| • | Cadence’s investment adviser subsidiary, Linscomb Wealth, Inc.; and |

| • | the absence of broker-dealer subsidiaries. |

Certain representations and warranties of the Huntington Parties and Cadence are qualified as to “materiality” or “material adverse effect.” For purposes of the merger agreement, a “material adverse effect,” when used in reference to either the Huntington Parties, Cadence or the surviving bank, means any effect, change, event, circumstance, condition, occurrence or development that, either individually or in the aggregate, has had or would reasonably be likely to have a material adverse effect on (i) the business, properties, assets, liabilities, results of operations or financial condition of such party and its subsidiaries, taken as a whole, or (ii) the ability of such party to timely consummate the transactions contemplated by the merger agreement. However, with respect to the foregoing clause (i), a material adverse effect will not be deemed to include the impact of or effects arising from:

| • | changes, after the date of the merger agreement, in U.S. generally accepted accounting principles or applicable regulatory accounting requirements or interpretations thereof; |

| • | changes, after the date of the merger agreement, in laws, rules or regulations of general applicability to companies in the industries in which such party and its subsidiaries operate, or interpretations thereof by courts or governmental entities; |

| • | changes, after the date of the merger agreement, in global, national or regional political conditions (including the outbreak, continuation or