MidWestOne and Nicolet Correct Executive Compensation Disclosure in Merger Filing

Reuters00:02
MidWestOne and Nicolet Correct Executive Compensation Disclosure in Merger Filing

Nicolet Bankshares, Inc. and MidWestOne Financial Group, Inc. have provided an update regarding their planned merger. The companies have identified and corrected an error in the Golden Parachute Compensation table for MidWestOne’s named executive officers, which was included in the joint proxy statement-prospectus filed with the SEC. The correction addresses inaccuracies in the total compensation column, ensuring the figures now accurately reflect the sum of the amounts disclosed for each executive. The updated information is intended to provide clarity for all parties involved as the merger process continues.

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