FirstSun Capital Bancorp has entered into an amendment to its previously announced merger agreement with First Foundation Inc. Under the revised terms, the planned merger will proceed with First Foundation merging into FirstSun, which will remain as the surviving corporation. The update specifically modifies the terms related to the creation of a new class of non-voting common stock. Holders of this non-voting stock may now elect to convert their shares into common stock if FirstSun takes actions that reduce their percentage ownership of voting securities, but only to the extent that conversion does not give them a greater percentage of voting rights than they held before the action. Other terms of the merger, including consideration, exchange ratio, and voting procedures, remain unchanged. This update was disclosed by FirstSun Capital Bancorp.

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