Heritage Commerce Corp Completes Merger with CVB Financial, Delists from Nasdaq

summarizeSummary

Heritage Commerce Corp has completed its merger with CVB Financial Corp., resulting in its cessation as an independent entity and the delisting of its common stock from Nasdaq.

check_boxKey Events

• Merger Completion

  Heritage Commerce Corp merged into CVB Financial Corp. on April 17, 2026, ceasing its independent corporate existence.

• Stock Conversion

  Each Heritage common stock share was converted into 0.65 shares of CVB Financial Corp. common stock.

• Delisting from Nasdaq

  Heritage's common stock was delisted from Nasdaq prior to market open on April 20, 2026.

• Leadership Transition

  All Heritage directors and executive officers ceased their roles, with some, including former CEO Clay Jones, transitioning to leadership positions at CVB Financial Corp.

auto_awesomeAnalysis

This 8-K filing confirms the definitive closing of the previously announced merger between Heritage Commerce Corp and CVB Financial Corp. As a result, Heritage Commerce Corp has ceased its separate corporate existence, and its common stock has been delisted from Nasdaq. Shareholders of Heritage Commerce Corp will receive 0.65 shares of CVB Financial Corp. common stock for each Heritage share. This marks a fundamental change for former Heritage shareholders, as their investment is now in CVB Financial Corp. and Heritage no longer trades independently.