0001193125-19-243490.txt : 20190912 0001193125-19-243490.hdr.sgml : 20190912 20190912091002 ACCESSION NUMBER: 0001193125-19-243490 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20190912 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20190912 DATE AS OF CHANGE: 20190912 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CapStar Financial Holdings, Inc. CENTRAL INDEX KEY: 0001676479 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 811527911 STATE OF INCORPORATION: TN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-37886 FILM NUMBER: 191089604 BUSINESS ADDRESS: STREET 1: 1201 DEMONBREUN STREET, SUITE 700 STREET 2: SUITE 700 CITY: NASHVILLE STATE: TN ZIP: 37203 BUSINESS PHONE: (615) 732-6400 MAIL ADDRESS: STREET 1: 1201 DEMONBREUN STREET, SUITE 700 STREET 2: SUITE 700 CITY: NASHVILLE STATE: TN ZIP: 37203 8-K 1 d799933d8k.htm 8-K 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT PURSUANT TO

SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): September 12, 2019

 

 

CAPSTAR FINANCIAL HOLDINGS, INC.

(Exact name of registrant as specified in its charter)

 

 

 

Tennessee   001-37886   81-1527911
(State or other jurisdiction
of incorporation)
  (Commission
File Number)
  (IRS Employer
Identification No.)

1201 Demonbreun Street, Suite 700

Nashville, Tennessee

  37203
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code (615) 732-6400

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading
Symbol(s)

 

Name of each exchange
on which registered

Common Stock, $1.00 par value per share   CSTR   Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☒

 

 

 


Item 7.01. Regulation FD Disclosure.

A copy of the press release issued by CapStar Financial Holdings, Inc. (the “Company”) announcing the Exit (defined below) is furnished as Exhibit 99.1 hereto and is incorporated herein by reference.

Item 8.01. Other Events.

On September 12, 2019, the Company has been advised by the funds managed by Corsair Investments, L.P. (“Corsair”) that Corsair entered into arrangements to fully exit its position in the Company through the sale of all of its remaining shares of Company common stock (the “Exit”).

Item 9.01. Financial Statements and Exhibits

 

Exhibit No.

  

Description

99.1    Press release issued on September 12, 2019 by CapStar Financial Holdings, Inc.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    CAPSTAR FINANCIAL HOLDINGS, INC.
      By:   /s/ Robert B. Anderson
      Name:   Robert B. Anderson
      Title:   Chief Financial Officer and
        Chief Administrative Officer

Date: September 12, 2019

EX-99.1 2 d799933dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

 

LOGO

CapStar Announces Exit of Corsair

NASHVILLE, TN, September 12, 2019 (GlobeNewswire) CapStar Financial Holdings, Inc. (the “Company”) (NASDAQ:CSTR) announced today that it has been advised by the funds managed by Corsair Investments, L.P. (“Corsair”) that Corsair entered into arrangements to fully exit its position in the Company through the sale of all of its remaining shares of Company common stock.

In its last public filing of a Schedule 13G/A on February 13, 2019, Corsair stated that it held at that time 1,543,361 shares or 8.3% of the total number of fully diluted shares of common stock of the Company outstanding on such date.

About CapStar Financial Holdings, Inc.

CapStar Financial Holdings, Inc. is a bank holding company headquartered in Nashville, Tennessee and operates primarily through its wholly owned subsidiary, CapStar Bank, a Tennessee-chartered state bank. CapStar Bank is a commercial bank that seeks to establish and maintain comprehensive relationships with its clients by delivering customized and creative banking solutions and superior client service. As of June 30, 2019, on a consolidated basis, CapStar had total assets of $2.02 billion, gross loans of $1.44 billion, total deposits of $1.72 billion, and shareholders’ equity of $262.66 million. Visit www.capstarbank.com for more information.

For more information, contact:

Rob Anderson

(615) 732-6470

randerson@capstarbank.com

GRAPHIC 3 g799933g0912094917327.jpg GRAPHIC begin 644 g799933g0912094917327.jpg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