tiprankstipranks
California BanCorp Finalizes Merger and Restructures Leadership
Company Announcements

California BanCorp Finalizes Merger and Restructures Leadership

Don't Miss Our Christmas Offers:

California BanCorp (CALB) has provided an update.

The Company has successfully completed its merger, as announced in a joint press release with SCB. Following the closure, the Company’s Common Stock ceased trading and was delisted from Nasdaq. Shareholders of the now-merged company are entitled only to the agreed-upon merger consideration. Furthermore, the composition of SCB’s board of directors has been altered, incorporating six former directors of the Company, marking a significant reshaping of leadership post-merger.

See more data about CALB stock on TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskCalifornia BanCorp Discusses Financial Performance with Investors
TheFlyCalifornia BanCorp reports Q2 EPS (68c) vs 65c last year
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App