SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation into the Fairness of the Merger of Spirit of Texas Bancshares, Inc. with Simmons First National Corporation

New York, New York--(Newsfile Corp. - November 22, 2021) - The following statement is being issued by Levi & Korsinsky, LLP:

To: All Persons or Entities who purchased Spirit of Texas Bancshares, Inc. (NASDAQ: STXB) ("Spirit" or the "Company") stock prior to November 19, 2021.

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You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the merger of Spirit with Simmons First National Corporation ("Simmons"). Under the terms of the merger, shares of Spirit's common stock and Spirit's restricted stock units will be converted into the right to receive shares of Simmons' common stock, and Spirit's stock options and warrants will be cashed out. To learn more about the action and your rights, go to:

https://www.zlk.com/mna2/spirit-of-texas-bancshares-inc-information-request-form

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. There is no cost or obligation to you.

The Spirit merger investigation concerns whether the Board of Spirit has harmed stockholders by agreeing to enter into this transaction and whether all material facts have been properly disclosed to stockholders.

Levi & Korsinsky is a nationally recognized firm with offices in New York, Connecticut, California, and Washington, D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

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