FirstSun Capital Bancorp : Private Placement Form 8 K

Item 1.01 Entry into a Material Definitive Agreement.

Additional Investments Pursuant to Acquisition Finance Securities Purchase Agreement

As previously announced, in connection with the contemplated merger (the "Merger") of FirstSun Capital Bancorp, a Delaware corporation ("FirstSun"), and HomeStreet, Inc., a Washington corporation ("HomeStreet"), FirstSun had the ability to offer an additional approximately 460 thousand shares of FirstSun common stock, at a purchase price of $32.50 per share, for an additional investment of $15 million, conditioned on consummation of the Merger.

On June 14, 2024, FirstSun entered into a Joinder (the "AFSPA Joinder") to the Acquisition Finance Securities Purchase Agreement, dated January 16, 2024, as amended on April 30, 2024 (the "AFSPA"), with certain funds managed by Castle Creek Capital Partners VIII. L.P., Maltese Capital Management, LLC, and Philadelphia Financial Management of San Francisco, LLC (collectively, the "Investors"). Pursuant to the AFSPA Joinder, on the terms and subject to the conditions set forth therein, substantially concurrently with the closing of the Merger, the Investors will invest an aggregate of $15 million, in exchange for the sale and issuance, at a purchase price of $32.50 per share, of approximately 460 thousand shares of FirstSun common stock.

As a result, FirstSun's total equity capital raised in connection with the Merger increased from an aggregate capital raise of $220 million to $235 million.

Other than as expressly modified by the AFSPA Joinder, the Acquisition Finance Securities Purchase Agreement, a form of which was filed as an Exhibit 10.4 to the Current Report on Form 8-K filed by FirstSun with the Securities and Exchange Commission on January 19, 2024, and the First Amendment to the Acquisition Finance Securities Purchase Agreement, a form of which was filed as Exhibit 10.1 to the Current Report on Form 8-K filed by FirstSun with the Securities and Exchange Commission on April 30, 2024, the Acquisition Finance Securities Purchase Agreement and First Amendment to the Acquisition Finance Securities Purchase Agreement remain in full force and effect. The foregoing description of the AFSPA Joinder does not purport to be complete and is subject to, and qualified in its entirety by reference to, the full text of the AFSPA Joinder, which is attached asExhibit 10.1hereto and incorporated herein by reference.