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Friday, March 7, 2025

Equity Corporate Actions Alert #2025 - 111
Information Regarding the Merger of Sandy Spring Bancorp, Inc. (SASR)

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  • Industry Announcement

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At a special meeting held on February 5, 2025, the shareholders of Sandy Spring Bancorp, Inc. (SASR) approved a merger with Atlantic Union Bankshares Corporation (AUB). The merger is tentatively scheduled to close on March 31, 2025. The details are as follows:

Company/Issue: Sandy Spring Bancorp, Inc. Common Stock
CUSIP#: 800363103
Symbol: SASR
Anticipated Last Trading Date: March 31, 2025
Anticipated Marketplace Effective Date for Suspension: April 1, 2025
Merger Consideration: .9 of a share of Atlantic Union Bankshares Corporation Common Stock (AUB) for each share held.

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