Wednesday, October 13, 2021

Equity Corporate Actions Alert #2021 - 221
(UPDATED) Information Regarding the Merger of Pacific Mercantile Bancorp (PMBC)


  • Industry Announcement

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At a special meeting held on June 23, 2021, the shareholders of Pacific Mercantile Bancorp (PMBC) approved a merger with Banc of California, Inc. (NYSE: BANC). The closing has been completed and the merger certificate will become automatically effective at 11:59 PM ET on October 18, 2021. The suspension details are as follows:

Company/Issue: Pacific Mercantile Bancorp Common Stock
CUSIP#: 694552100
Symbol: PMBC
Last Trading Date: October 18, 2021
Marketplace Effective Date for Suspension: October 19, 2021
Merger Consideration: .5 of a share of Banc of California, Inc. (BANC) for each share held.

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