NB Bancorp, Provident Bancorp Confirm Election Deadline for Merger, Expected Closing Date

NB Bancorp and Provident Bancorp announce the deadline for Provident common stockholders to elect their preferred form of merger consideration, with the merger expected to be effective on November 15, 2025, and the last day of trading on November 14, 2025. Stockholders can choose between receiving 0.691 shares of Needham common stock or $13.00 in cash per share of Provident common stock. The election deadline is November 7, 2025, and stockholders must follow the instructions in the election materials to make their election.