secwatch.observer — SEC 8-K summary
======================================

Issuer:     Avidia Bancorp, Inc. (AVBC)
CIK:        0002058758
Form:       8-K
Filed at:   2025-07-24T23:59:59+00:00
Accession:  0001193125-25-164497
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2058758/000119312525164497/0001193125-25-164497-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2058758/000119312525164497/d50889d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-164497

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