First Seacoast Shareholders Approve $17.25/Share All-Cash Merger with Cambridge Financial
FSEA sits 69% above its 52-week low of $10.13 on light trading volume (0.2× avg).
Summary
First Seacoast Bancorp shareholders voted overwhelmingly to approve the all-cash merger with Cambridge Financial Group at $17.25 per share, with the deal expected to close in Q3 2026.
Key Events · M&A and Partnerships · FSEA
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Merger Agreement Approved
Shareholders approved the Agreement and Plan of Merger dated May 4, 2026 with Cambridge Financial Group / Cambridge Savings Bank by a vote of 3,425,942 for, 11,808 against, and 56,559 abstaining.
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Advisory Compensation Vote Passes
The non-binding advisory vote on named executive officer compensation in connection with the merger passed with 2,496,093 votes for, 638,855 against, and 359,361 abstaining.
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Adjournment Proposal Approved
The proposal to adjourn the special meeting if necessary to solicit additional proxies was approved with 3,252,649 votes for, 179,817 against, and 61,843 abstaining.
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Deal Terms Unchanged
The all-cash merger at $17.25 per share remains on track to close in Q3 2026, as previously disclosed in the definitive proxy statement filed July 23, 2026.
Analysis · FSEA · Finance
The final major hurdle before the deal closes in Q3 2026 has been cleared, as shareholders overwhelmingly approved the all-cash merger with Cambridge Financial Group at $17.25 per share. The vote was decisive — 3,425,942 shares in favor versus only 11,808 against — removing any uncertainty about shareholder support. With the stock trading at $17.12, just below the $17.25 deal price, the approval effectively locks in the merger economics for current holders.
How filings like this one have moved
In the 30 days to Sep 14, 2026, 29.9% of the 1591 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.24%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, FSEA was trading at $17.12 on NASDAQ in the Finance sector, with a market capitalization of approximately $80.5M. The 52-week trading range was $10.13 to $17.20. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.