NB Bancorp completes IPO, sells 40.9975M shares at $10.00; begins trading on Nasdaq Dec 28 under NBBK

NB Bancorp, Inc.

Completed IPO of 40,997,500 shares at $10.00 per share in mutual-to-stock conversion of NB Financial, MHC.
Common stock begins trading on Nasdaq Capital Market under symbol NBBK on December 28, 2023.
Contributed 1,708,229 shares and $2.0M cash to Needham Bank Charitable Foundation.
ESOP intends to purchase up to 3,416,458 shares (8% of outstanding) in the open market.

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