secwatch.observer — SEC 8-K summary
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Issuer:     Avidia Bancorp, Inc. (AVBC)
CIK:        0002058758
Form:       8-K
Filed at:   2025-05-14T23:59:59+00:00
Accession:  0001193125-25-119755
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Avidia Bancorp engages KBW to market stock offering in Assabet Valley conversion
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- KBW receives $30K management fee (credited toward success fee) and success fee of 1.25% of subscription offer proceeds and 3.0% of community offer proceeds.
- KBW also receives $75K for conversion agent and data processing services; out-of-pocket expenses reimbursed.
- If syndicated community offering occurs, KBW transaction fee capped at 5.0% of total shares sold.
- Registration statement on Form S-1 declared effective May 13, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2058758/000119312525119755/0001193125-25-119755-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2058758/000119312525119755/d112454d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-119755

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