Columbia Financial secures approvals for conversion, $1.1B subscription; underwritten sale planned

Columbia Financial announced stockholder and depositor approvals for its second‑step conversion and $1.1 billion in subscription orders.

Key Highlights:

• Stockholders approved the Plan of Conversion and Reorganization and the acquisition of Northfield Bancorp at the June 25 annual meeting.
• Depositors of Columbia Bank approved the Conversion at a Special Meeting of Columbia Bank MHC on June 29.
• Subscription offering resolicitation concluded June 30 with approximately $1.1 billion in orders (excl. ESOP).
• Company expects to launch a firm‑commitment underwritten offering the week of July 6 to sell remaining shares at $10.00/share.
• Conversion closing still subject to final regulatory approvals, final independent appraisal and sale of at least 142,375,000 shares.

Original SEC Filing:

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