Close the acquisition of Cummins-American Corp
Delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 19 Jan 2021
- Due
- 30 Jun 2021
- Delivered
- 31 May 2021
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The transaction is expected to close in the second quarter of 2021, subject to customary closing conditions and required approvals, including the approval of CAC’s shareholders of the transaction.”
What we found
Evidence strength A What the grades mean
First Busey Corp. completed the acquisition of Cummins-American Corp. on May 31, 2021, which falls within the second quarter of 2021.
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A First Busey Corp. 10-Q filed 2021-08-05
“Effective May 31, 2021, the Company completed its acquisition of CAC, the holding company for GSB.” ✓ confirmed on the page
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A First Busey Corp. 10-K filed 2022-02-24
“On May 31, 2021, First Busey acquired CAC, the holding company for GSB, through a merger transaction.” ✓ confirmed on the page
Market reaction: the shares moved +1.4% against the S&P 500 over the three sessions around the disclosure (4 Aug 2021 to 9 Aug 2021). What this measures
Checked 24 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Acquisition close
- Indicative materiality
- High rules
- Action
- Close
- Deliverable
- acquisition of Cummins-American Corp.
- Where
- Illinois
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- High
- Conditional
- Yes: customary closing conditions; required approvals; approval of CAC’s shareholders
- Depends on
- Regulatory, Shareholder
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2021-BUSE-022152 · Corrections policy