secwatch.observer — SEC 8-K summary
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Issuer:     California BanCorp \ CA (BCAL)
CIK:        0001795815
Form:       8-K
Filed at:   2024-07-18T23:59:59+00:00
Accession:  0001493152-24-028273
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 5.03, 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Shareholders approve merger of Southern California Bancorp and California BanCorp; closing expected July 31, 2024
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- At special meetings on July 17, 2024, shareholders of BCAL and CALB voted overwhelmingly to approve the merger of equals.
- BCAL shareholders also approved name change to California BanCorp and bylaw amendment expanding board range to 7-13 directors.
- All required regulatory approvals have been received; merger expected to close on July 31, 2024.
- Vote on merger proposal: 14.8M FOR, 2.3K AGAINST, 5.2K abstain, 1.55M broker non-votes (88% quorum).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1795815/000149315224028273/0001493152-24-028273-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1795815/000149315224028273/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-028273

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