UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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): August 4, 2015
STIFEL FINANCIAL CORP.
(Exact name of registrant as specified in its charter)
Delaware | 1-9305 | 43-1273600 | ||
(State or Other Jurisdiction of Incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
One Financial Plaza
501 North Broadway
St. Louis, Missouri 63102-2102
(Address of principal executive offices) (Zip Code)
Registrants telephone number, including area code (314) 342-2000
N/A
(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)) |
Item 8.01. | Other Events. |
On June 15, 2015 and June 22, 2015, Stifel Financial Corp. (the Company) filed a prospectus supplement and prospectus supplement no. 2, respectively, to its Registration Statement on Form S-3 filed with the U.S. Securities and Exchange Commission (the Commission) (No. 333-201398) (the Registration Statement), under the Securities Act of 1933, as amended, with respect to the resale by the selling stockholders named therein of up to 1,385,587 shares of the Companys common stock that were issued by the Company to such selling stockholders as share consideration in connection with the Companys acquisition (the Acquisition) of Sterne Agee Group, Inc. On August 4, 2015, the Company filed a prospectus supplement no. 3 to the Registration Statement with respect to the resale by the selling stockholders named therein of up to an additional 33,449 shares of the Companys common stock issued by the Company to the selling stockholders as share consideration in connection with the Acquisition, for a total of 1,419,036 shares registered for resale by the selling stockholders in connection with the Acquisition.
In connection with filing of such prospectus supplement no. 3, the Company is filing a legal opinion as Exhibit No. 5.1 to this current report on Form 8-K, which is incorporated by reference into the Registration Statement.
Item 9.01 | Financial Statements and Exhibits. |
(d) | Exhibits. |
Exhibit Number |
Description of Exhibit | |
5.1 | Opinion of Bryan Cave LLP | |
23.1 | Consent of Bryan Cave LLP (included in Exhibit 5.1) |
SIGNATURE
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.
STIFEL | ||||||
Date: August 4, 2015 | By: | /s/ Ronald J. Kruszewski | ||||
Name: | Ronald J. Kruszewski | |||||
Title: | Chairman and Chief Executive Officer |
EXHIBIT INDEX
Exhibit Number |
Description of Exhibit | |
5.1 | Opinion of Bryan Cave LLP | |
23.1 | Consent of Bryan Cave LLP (included in Exhibit 5.1) |
Exhibit 5.1
August 4, 2015
Board of Directors
Stifel Financial Corp.
501 N. Broadway
St. Louis, MO 63102
Re: | Stifel Financial Corp. |
Gentlemen:
We refer to the Registration Statement on Form S-3 (the Registration Statement), including the prospectus dated January 8, 2015 included therein, the prospectus supplement dated June 16, 2015, and the prospectus supplement no. 2 dated June 22, 2015 (collectively, the Prior Prospectus Documents), each filed with the U.S. Securities and Exchange Commission (the Commission) (No. 333-201398), under the Securities Act of 1933, as amended (the Act), by Stifel Financial Corp., Inc., a Delaware corporation (the Company). We also refer to our opinion dated January 8, 2015, which was included as Exhibit 5.1 to the Registration Statement, our opinion dated June 16, 2015, which was included as Exhibit 5.1 to the Companys Current Report on Form 8-K dated June 16, 2015 and incorporated by reference into the Registration Statement, and the prospectus supplement no. 3 to the Registration Statement filed with the Commission on August 4, 2015 (the Prospectus Supplement). The Prospectus Supplement relates to the sale by the selling stockholders named therein of 33,449 shares of the Companys common stock (the Shares) that were issued by the Company to the selling stockholders as share consideration in connection with the Companys acquisition of Sterne Agee Group, Inc.
In connection herewith, we have examined:
(1) | the Agreement and Plan of Merger, dated February 23, 2015, between the Company, and Sterne Agee Group, Inc. (as amended, the Merger Agreement); |
(2) | the Registration Statement; |
(3) | the Prior Prospectus documents; and |
(4) | the Prospectus Supplement. |
We have also examined originals or copies, certified or otherwise identified to our satisfaction, of the Restated Certificate of Incorporation of the Company, as amended, and the Amended and Restated Bylaws of the Company, as currently in effect. In addition, we have also examined originals or copies, certified or otherwise identified to our satisfaction, of such corporate records, agreements and instruments of the Company, statements and certificates of public officials, officers of the Company, and such other documents, records and instruments, and we have made such legal and factual inquiries as we have deemed necessary or appropriate as a basis for us to render the opinions hereinafter expressed. In our examination of the foregoing, we have assumed the genuineness of all signatures, the legal competence and capacity of natural persons, the authenticity of documents
submitted to us as originals and the conformity with authentic original documents of all documents submitted to us as copies or by facsimile or other means of electronic transmission, or which we obtained from the Securities and Exchange Commissions Electronic Data Gathering, Analysis and Retrieval system (Edgar) or other sites maintained by a court or governmental authority or regulatory body and the authenticity of the originals of such latter documents. If any documents we examined in printed, word processed or similar form has been filed with the Securities and Exchange Commission on Edgar or such court or governmental authority or regulatory body, we have assumed that the document so filed is identical to the document we examined except for formatting changes. When relevant facts were not independently established, we have relied without independent investigation as to matters of fact upon statements of governmental officials and upon representations made in or pursuant to the certificates and statements of appropriate representatives of the Company.
In connection herewith, we have assumed that, other than with respect to the Company, all of the documents referred to in this opinion were duly authorized by, duly executed, delivered and countersigned by, and constitute the valid, binding and enforceable obligations of, all of the parties to such documents, all of the signatories to such documents were duly authorized and all such parties were duly organized and validly existing and had the power and authority (corporate or other) to execute, deliver and perform such documents.
Based upon the foregoing and in reliance thereon, and subject to the assumptions, comments, qualifications, limitations and exceptions set forth herein, we are of the opinion that the Shares are validly issued, fully paid and nonassessable.
Our opinions herein reflect only the application of the General Corporation Law of the State of Delaware. The opinions set forth herein are made as of the date hereof and are subject to, and may be limited by, future changes in factual matters, and we undertake no duty to advise you of the same. The opinions expressed herein are based upon the law in effect (and published or otherwise generally available) on the date hereof, and we assume no obligation to revise or supplement these opinions should such law be changed by legislative action, judicial decision or otherwise. In rendering our opinions, we have not considered, and hereby disclaim any opinion as to, the application or impact of any laws, cases, decisions, rules or regulations of any other jurisdiction, court or administrative agency.
We do not render any opinions except as set forth above. We hereby consent to the filing of this opinion as an exhibit to a Current Report on Form 8-K, incorporated by reference into the Registration Statement. In giving such consent, we do not thereby concede that we are within the category of persons whose consent is required under Section 7 of the Act or the rules and regulations of the Commission promulgated thereunder.
Very truly yours,
/s/ Bryan Cave LLP