Flushing Financial Completes Merger with OceanFirst, Delists from Nasdaq
FFIC sits 39% above its 52-week low of $11.125 on elevated volume (8.9× avg).
Summary
Flushing Financial Corp. has completed its merger with OceanFirst Financial Corp., leading to the delisting of its stock from Nasdaq and the cessation of its independent operations.
Key Events · M&A and Partnerships · FFIC
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Merger Completion
Flushing Financial Corp. officially merged with OceanFirst Financial Corp. on June 1, 2026, as previously anticipated in the May 11, 2026 10-Q filing.
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Stock Delisting
Flushing Financial's common stock (FFIC) has been delisted from The Nasdaq Stock Market LLC, with trading suspended after June 1, 2026.
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Share Conversion
Each share of Flushing Common Stock was converted into 0.85 shares of OceanFirst Common Stock.
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Board and Officer Changes
All directors and officers of Flushing Financial ceased their positions as of the merger's effective time.
Analysis · FFIC · Finance
This 8-K confirms the completion of Flushing Financial Corporation's merger with OceanFirst Financial Corp., effective June 1, 2026. As a result, Flushing Financial's common stock has been delisted from Nasdaq, and all its directors and officers have ceased their roles. This marks the end of Flushing Financial as an independent public company, with its shareholders now holding OceanFirst common stock.
At the time of this filing, FFIC was trading at $15.47 on NASDAQ in the Finance sector, with a market capitalization of approximately $524.2M. The 52-week trading range was $11.13 to $17.79. This filing was assessed with negative market sentiment and an importance score of 9 out of 10.