---
schema_version: "secwatch.filing_event.v1"
accession: "0001018399-25-000082"
form_type: "8-K"
ticker: null
cik: "0001018399"
company_name: "ENTERPRISE BANCORP INC /MA/"
filed_at: "2025-07-01T23:59:59+00:00"
generated_at: "2026-05-18T09:52:01.867654+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Enterprise Bancorp completes merger with Independent Bank Corp; EBTC delisted

## Summary
- On July 1, 2025, Enterprise merged into Independent Bank Corp (INDB); each EBTC share converted into 0.60 INDB shares + $2.00 cash.
- Enterprise Common Stock ceased trading on Nasdaq; deregistration filing on Form 15 will follow.
- All Enterprise directors and officers resigned; former EBTC directors Kenneth Ansin and Joseph Lerner joined INDB board.
- Enterprise's articles and bylaws terminated; Independent's organizational documents govern the combined entity.

## SEC filing metadata
- accession: 0001018399-25-000082
- form_type: 8-K
- cik: 0001018399
- company_name: ENTERPRISE BANCORP INC /MA/
- filed_at: 2025-07-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1018399/000101839925000082/0001018399-25-000082-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1018399/000101839925000082/ebtc-20250701.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001018399-25-000082
- JSON: https://secwatch.observer/filing/0001018399-25-000082.json
- Plain text: https://secwatch.observer/filing/0001018399-25-000082.txt

## Source-grounded claims
- claim_id: 5bcfb8e3e96a07318ffb8cd715726bcd9d247478
  claim: ENTERPRISE BANCORP INC /MA/: Amended and Restated Articles of Organization and Second Amended and Restated Bylaws of Enterprise ceased to be in effect; Independent's documents remain applicable as successor by operation of law.
  evidence_excerpt: At the Effective Time, the Amended and Restated Articles of Organization of the Company, as amended, and the Second Amended and Restated Bylaws of the Company ceased to be in effect by operation of law and the organizational documents of Independent (as successor to Enterprise by operation of law) remained the Restated Articles of Organization of Independent and the Amended and Restated Bylaws of Independent
  evidence_url: https://www.sec.gov/Archives/edgar/data/1018399/000101839925000082/0001018399-25-000082-index.htm
- claim_id: 22d6b9db83bcea262d9020e3e8bf946e2839b438
  claim: ENTERPRISE BANCORP INC /MA/ underwent a change of control involving Independent Bank Corp. for $2.00 in cash and 0.60 shares of Independent common stock per share (closed 2025-07-01).
  evidence_excerpt: (“Enterprise” or the “Company”), Enterprise Bank and Trust Company, a Massachusetts-chartered trust company and wholly owned subsidiary of the Company (“Enterprise Bank”), Independent Bank Corp. (“Independent”), and Rockland Trust Company, a Massachusetts-chartered trust company and wholly owned subsidiary of Independent (“Rockland Trust”), entered into an Agreement and Plan of Merger dated as of December 8, 2024 (the “Merger Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1018399/000101839925000082/0001018399-25-000082-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.