Columbia Financial, Inc./MD/ 8K

Columbia Financial, Inc. completed the offering phase of its second-step conversion and detailed the final terms and anticipated July 20, 2026 closing of both its mutual-to-stock conversion and its $580 million acquisition of Northfield Bancorp Inc., with new shares to trade on Nasdaq as CLBK starting July 21, 2026.

Columbia Financial, Inc., a newly formed Maryland corporation and successor to Columbia Financial, Inc. (Nasdaq: CLBK), announced it has completed the firm commitment underwritten portion of its second-step conversion offering and, together with the subscription offering, expects to sell 167,236,353 shares of common stock at $10.00 per share for total proceeds of approximately $1.67 billion, while existing minority shares of the current holding company will be exchanged at a 2.2000-to-1 ratio into new company shares with cash paid in lieu of fractional shares. Concurrently, Columbia expects, immediately upon completion of the conversion, to close its previously announced acquisition of Northfield Bancorp Inc., under which Northfield stockholders will receive either $14.25 in cash, 1.425 shares of Columbia’s new common stock, or a combination thereof per share, subject to elections and proration designed to produce aggregate merger consideration of $580 million consisting of 70% stock and 30% cash. The conversion, the elimination of Columbia Bank MHC, Columbia’s transition to a fully public company, and the Northfield merger are scheduled to close on July 20, 2026, with the new Columbia common stock issued in the offering, the exchange, and the merger expected to begin trading on the Nasdaq Global Select Market under the symbol “CLBK” on July 21, 2026, and the company has provided contact information for investors, stockholders, and subscription purchasers regarding account and DRS-related questions.

Filing Facts

CIK

2115119

Ticker

-

Form

8K

Source Type

sec

Accession

0002115119-26-000010

Alert Tier

8