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

Issuer:     Ballston Spa Bancorp, Inc. (BSPA)
CIK:        0002094107
Form:       8-K
Filed at:   2026-03-23T23:59:59+00:00
Accession:  0000943374-26-000141
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ballston Spa Bancorp and NBC Bancorp receive shareholder approvals; merger to close April 1, 2026
--------------------------------------------------------------------------------

- Shareholders of both BSNB and NBC approved the merger at special meetings on March 23, 2026.
- Anticipated closing date: April 1, 2026, subject to customary conditions.
- Conversion ratio: each NBC share converts to 0.8065 BSNB shares; BSNB holders ~66%, NBC ~34%.
- All requisite regulatory approvals for the merger were previously received.
- NBC will merge into BSNB, with BSNB and Ballston Spa National Bank surviving.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2094107/000094337426000141/0000943374-26-000141-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2094107/000094337426000141/form8k_032326.htm
  HTML page:      https://secwatch.observer/filing/0000943374-26-000141

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