Item 8.01. Other Events.
EffectiveMay 22, 2020 ,Southern Missouri Bancorp, Inc. ("Southern Missouri"), completed its previously announced acquisition ofCentral Federal Bancshares, Inc. ("Central"),Rolla, Missouri (the "Merger"). Central was the parent company ofCentral Federal Savings & Loan Association of Rolla ("Central Federal"), which was merged with and intoSouthern Bank , the wholly owned bank subsidiary ofSouthern Missouri . Upon completion of the Merger, each share of Central common stock was converted into the right to receive$15.90 in cash (the "Merger Consideration").Southern Missouri paid approximately$21.9 million in cash Merger Consideration. A copy of the press releaseSouthern Missouri issued announcing completion of the transaction is attached hereto as Exhibit 99.1 and is incorporated herein by reference. Item 9.01. Financial Statements and Exhibits. (d) Exhibits. The following exhibit is filed herewith: 99.1 Press Release ofSouthern Missouri Bancorp, Inc. datedMay 22, 2020 .
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