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

Issuer:     California BanCorp \ CA (BCAL)
CIK:        0001795815
Form:       8-K
Filed at:   2024-05-13T23:59:59+00:00
Accession:  0001493152-24-018797
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BCAL and CALB receive OCC, Fed approvals for merger; expect Q3 2024 close
-------------------------------------------------------------------------

- Received regulatory approvals from OCC and Federal Reserve Bank of San Francisco for merger of equals.
- Merger expected to close in Q3 2024, subject to remaining conditions including shareholder approval.
- Under terms, California BanCorp will merge into Southern California Bancorp.
- The merger was originally announced on January 30, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1795815/000149315224018797/0001493152-24-018797-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1795815/000149315224018797/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-018797

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