How will the September 17, 2025, $3M promissory note financing impact the proposed Commercial Bancorp merger?

Based on available SEC filings, Commercial Bancgroup, Inc. is involved in a merger with AB&T Financial Corporation, as detailed in an Agreement and Plan of Merger dated February 27, 2024. This agreement outlines a two-step merger process where CB Merger Sub, Inc. (a wholly-owned subsidiary of Commercial Bancgroup, Inc.) will first merge with AB&T Financial Corporation, followed by the merger of the surviving entity (AB&T Financial Corporation) into Commercial Bancgroup, Inc.. Additionally, a Bank Merger Agreement provides for the merger of Alliance Bank (a subsidiary of AB&T Financial Corporation) with Commercial Bank (a subsidiary of Commercial Bancgroup, Inc.).

However, a review of recent SEC filings and financial news does not indicate a specific $3 million promissory note financing on September 17, 2025, directly impacting this proposed merger involving Commercial Bancgroup, Inc. While several promissory notes from other companies have been filed around September 2025, none are associated with Commercial Bancgroup, Inc. or AB&T Financial Corporation. For instance, Adapti, Inc. filed an exhibit for a convertible promissory note dated September [date], 2025, and Momentus Inc. filed an amended and restated secured convertible promissory note for up to $3,000,000 dated September 8, 2025. Nabors Energy Transition Corp. II also issued a $250,000 promissory note on September 17, 2025. These are separate financing events for different entities.

Therefore, without further specific details, there is no public information connecting a $3 million promissory note financing on September 17, 2025, to the merger between Commercial Bancgroup, Inc. and AB&T Financial Corporation.