Who to call at Provident Bancorp, Inc. /MD/, and when
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Provident Bancorp, Inc. /MD/
A senior executive or director joined, left, or changed roles. An 8-K is the notice a US public company must file within four business days of a major event.
AI Executive Summary
AI-powered analysis of 8-K filing content
Provident Bancorp completed its merger into NB Bancorp effective November 17, 2025, with each share converted into either 0.691 NB Bancorp shares or $13.00 in cash, subject to a 50% stock-election cap. Provident's directors and executive officers ceased serving, and its common stock is being delisted from NASDAQ and deregistered.
Key Takeaways
Provident Bancorp ceased to exist after the merger, and its Articles of Incorporation and Bylaws became void by operation of law; NB Bancorp's governing documents now apply.
Holders of Provident common stock could elect 0.691 NB Bancorp shares (Stock Consideration) or $13.00 in cash (Cash Consideration) per share, with proration to ensure 50% of shares receive stock.
2 more takeaways
Related Filings (1)
1 more filing from Provident Bancorp, Inc. /MD/ in the last 90 days
Filing Overview
What This Means
Provident Bancorp, Inc. /MD/ filed with the SEC. Fundz turns 8-K material events into an alert with the right executive attached.
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