November 10, 2021
Allegiance Bancshares, Inc. Investigation
We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Allegiance Bancshares, Inc. (“Allegiance” or the “Company”) (NASDAQ: ABTX) in connection with the proposed merger of the Company with CBTX, Inc. (“CBTX”) (NASDAQ: CBTX). Under the terms of the merger agreement, Allegiance shareholders will receive 1.4184 shares of CBTX common stock for each Allegiance share that they own, representing implied consideration of $43.49 based upon CBTX’s November 9, 2021 closing price of $30.66.
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