secwatch.observer — SEC 8-K summary
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Issuer:     Columbia Financial, Inc./MD/ (—)
CIK:        0002115119
Form:       8-K
Filed at:   2026-07-17T12:30:11+00:00
Accession:  0002115119-26-000010
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Columbia Financial raises $1.67B in conversion, sets Northfield merger at $580M, closing July 20
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- Total offering proceeds of $1.67B from 167.2M shares at $10.00 per share in second-step conversion.
- Subscription offering: 114.9M shares; underwritten offering: 52.3M shares led by KBW, Piper Sandler, Brean Capital.
- Minority shareholders exchange at 2.2000x shares of Company common stock per Holding Company share.
- Northfield acquisition: $580M aggregate consideration; $14.25 cash or 1.425 shares per share; 70% stock/30% cash for non-election shares.
- Transactions close July 20, 2026; trading under CLBK on Nasdaq begins July 21.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2115119/000211511926000010/0002115119-26-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2115119/000211511926000010/clbk-20260716.htm
  HTML page:      https://secwatch.observer/filing/0002115119-26-000010

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