Merger Between BayCom Corp and Pacific Enterprise Bancorp Receives Shareholder Approval

Dec 14, 2021

BayCom Corp (“BayCom”) (NASDAQ: BCML) and Pacific Enterprise Bancorp (“PEB”) jointly announced that, at their respective special meetings of shareholders held yesterday, they each received the necessary shareholder approval for the consummation of their planned merger. BayCom previously announced the receipt of all required bank regulatory approvals for the merger of BayCom and PEB, as well as the merger of PEB’s bank subsidiary, Pacific Enterprise Bank, into BayCom’s bank subsidiary, United Business Bank. The transaction is expected to close during the first quarter of 2022, subject to the satisfaction or waiver of certain closing conditions.

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