Columbia Financial, Inc. Announces Receipt of Stockholder and Depositor Approvals of Pending Second Step Conversion and Updated Results of Subscription Offering
Stockholders and depositors approved Columbia Financial's second-step conversion from a mutual holding company to a fully public stock holding company, alongside the simultaneous acquisition of Northfield Bancorp. The subscription offering raised approximately $1.1 billion, and the company plans to launch a firm commitment underwritten offering for remaining shares during the week of July 6 at $10.00 per share.
Key figures
- Offering Price
- 10
- Min shares required
- 142375000
- Subscription offering amount
- $1.1 billion
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