secwatch.observer — SEC 8-K summary
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Issuer:     CAMBRIDGE BANCORP (—)
CIK:        0000711772
Form:       8-K
Filed at:   2024-07-15T23:59:59+00:00
Accession:  0001193125-24-179013
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Eastern Bankshares completes acquisition of Cambridge Bancorp; exchange ratio 4.956
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- Effective July 12, 2024, each share of Cambridge common stock converted into 4.956 shares of Eastern common stock.
- Cambridge directors and officers ceased at the effective time; Cambridge stock to be delisted from Nasdaq and deregistered.
- Amendment No. 1 to merger agreement revised measurement date for 2022-2023 PRSUs to March 31, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/711772/000119312524179013/0001193125-24-179013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/711772/000119312524179013/d809060d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-179013

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