secwatch.observer — SEC 8-K summary
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Issuer:     Eastern Bankshares, Inc. (EBC)
CIK:        0001810546
Form:       8-K
Filed at:   2024-01-22T23:59:59+00:00
Accession:  0001193125-24-012196
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Eastern Bankshares corrects share count error in merger proxy: 176.4M shares outstanding, not 174.5M
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- Corrected record date shares outstanding from 174,508,659 to 176,426,993; record holders changed from ~7,976 to ~7,960.
- Error appeared in joint proxy statement/prospectus for pending merger with Cambridge Bancorp; vote on share issuance scheduled Feb 28, 2024.
- Correction does not change any other terms of the merger; Eastern and Cambridge mailed corrected disclosures to shareholders.
- No admission that the prior disclosure was material; correction made to ensure accuracy.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1810546/000119312524012196/0001193125-24-012196-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1810546/000119312524012196/d265337d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-012196

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