M&A
confidence high
sentiment neutral
materiality 0.75
Bank of Princeton stockholders approve reorganization into Princeton Bancorp; exchange 1:1
Princeton Bancorp, Inc.
- Stockholders of The Bank of Princeton approved the reorganization on April 29, 2022.
- Each share of Bank common stock will be exchanged for one share of Princeton Bancorp, Inc.
- Transaction expected to close in Q3 2022, subject to regulatory approvals.
- Bank will become a wholly owned subsidiary of Princeton Bancorp.