California BanCorp (CALB) has provided an update.
The Company has successfully completed its merger, as announced in a joint press release with SCB. Following the closure, the Company’s Common Stock ceased trading and was delisted from Nasdaq. Shareholders of the now-merged company are entitled only to the agreed-upon merger consideration. Furthermore, the composition of SCB’s board of directors has been altered, incorporating six former directors of the Company, marking a significant reshaping of leadership post-merger.
See more data about CALB stock on TipRanks’ Stock Analysis page.
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