secwatch.observer — SEC 8-K summary
======================================

Issuer:     NB Bancorp, Inc. (NBBK)
CIK:        0001979330
Form:       8-K
Filed at:   2023-12-27T23:59:59+00:00
Accession:  0000943374-23-000508
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1979330/000094337423000508/0000943374-23-000508-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1979330/000094337423000508/form8k_122723.htm
  HTML page:      https://secwatch.observer/filing/0000943374-23-000508

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer