Avidia Bancorp expects IPO closing July 31; NYSE listing AVBC Aug 1

Avidia Bancorp, Inc.

All regulatory approvals received; IPO closes July 31, 2025; NYSE listing Aug 1 under ticker AVBC.
Company expects to sell 19,176,250 shares at $10.00/share, including 1,606,100 shares for ESOP.
Subscription offering was oversubscribed in first-tier by eligible depositors as of Dec 31, 2023.
After conversion, expects 20,076,250 shares outstanding; 900,000 shares to charitable foundation.
Refunds with interest to non-first-tier subscribers; DRS statements mailed on or about July 31.

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