---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-040167"
form_type: "8-K"
ticker: "EBC"
cik: "0001810546"
company_name: "Eastern Bankshares, Inc."
filed_at: "2024-02-21T23:59:59+00:00"
generated_at: "2026-06-05T22:15:17.484918+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Eastern Bankshares delays merger timeline; no longer expects Q1 2024 regulatory approval

## Summary
- Eastern and Cambridge no longer anticipate all regulatory approvals in Q1 2024 or merger closing in early April 2024.
- Received 4 demand letters from Eastern shareholders and 3 from Cambridge shareholders alleging proxy omissions.
- Supplemental disclosures made regarding BofA Securities' financial analyses; no admission of liability.
- Merger consideration and special meetings scheduled for Feb 28, 2024 remain unchanged.
- Companies continue pre-merger integration work while approvals are pending.

## SEC filing metadata
- accession: 0001193125-24-040167
- form_type: 8-K
- ticker: EBC
- cik: 0001810546
- company_name: Eastern Bankshares, Inc.
- filed_at: 2024-02-21T23:59:59+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1810546/000119312524040167/0001193125-24-040167-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1810546/000119312524040167/d738777d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-040167
- JSON: https://secwatch.observer/filing/0001193125-24-040167.json
- Plain text: https://secwatch.observer/filing/0001193125-24-040167.txt

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