PBBK Overview

Acquisition Announcement: Norwood Financial Corp has received final regulatory approvals for its acquisition of PB Bankshares, Inc. and its subsidiary, Presence Bank, with the closing expected around January 5, 2026.

Leadership Statement: Jim Donnelly, CEO of Norwood Financial Corp, expressed pride in the teams working on the merger and anticipates expanded products and services for the communities served.

Company Background: Norwood Financial Corp is the parent company of Wayne Bank, operating in Pennsylvania and New York, while PB Bankshares is the parent of Presence Bank, which has offices in Pennsylvania.

Forward-Looking Statements: The announcement includes forward-looking statements regarding potential risks and uncertainties that could affect the merger's success and future operations, emphasizing the need for caution in interpreting these projections.

Investigation of Companies: Halper Sadeh LLC is investigating TEGNA Inc., PB Bankshares, Inc., and Semler Scientific, Inc. for potential violations of federal securities laws and breaches of fiduciary duties related to their sales to other companies.

Shareholder Rights: Shareholders of the mentioned companies are encouraged to contact Halper Sadeh LLC to learn about their legal rights and options, as there may be limited time to enforce these rights.

Legal Representation: The firm offers to handle cases on a contingent fee basis, meaning shareholders would not incur out-of-pocket legal fees or expenses.

Firm's Background: Halper Sadeh LLC represents investors globally who have experienced securities fraud and corporate misconduct, successfully recovering millions for defrauded investors.

Class Action Firm Recognition: Monteverde & Associates PC, led by attorney Juan Monteverde, is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report and has successfully recovered millions for shareholders.

PB Bankshares Investigation: The firm is investigating PB Bankshares Inc. regarding its sale to Norwood Financial Corp., where shareholders can choose between shares or cash, with a shareholder vote scheduled for December 10, 2025.

Other Mergers and Acquisitions: The firm is also involved in cases related to Voyager Acquisition Corp.'s merger with Veraxa Biotech AG, Lifeloc Technologies' merger with Electronic Systems Technology, and Semler Scientific's sale to Strive, Inc.

Contact Information: Shareholders with concerns or seeking more information can contact Juan Monteverde via email or phone, with services offered at no cost or obligation.

Investigation Announcement: Halper Sadeh LLC is investigating Tiptree Inc., Merus N.V., and PB Bankshares, Inc. for potential violations of federal securities laws and breaches of fiduciary duties related to their recent sales.

Shareholder Rights: Shareholders of the mentioned companies are encouraged to contact Halper Sadeh LLC to discuss their legal rights and options, as there may be limited time to enforce these rights.

Legal Representation: The firm offers to handle cases on a contingent fee basis, meaning shareholders will not incur out-of-pocket legal fees unless they recover funds.

Firm's Background: Halper Sadeh LLC has a history of representing investors globally, focusing on securities fraud and corporate misconduct, and has successfully recovered millions for defrauded investors.

Investigation of Companies: Halper Sadeh LLC is investigating Akero Therapeutics, CoreCard Corporation, and PB Bankshares for potential violations of federal securities laws and breaches of fiduciary duties related to their proposed sales.

Akero Therapeutics Sale: Akero shareholders are set to receive $54.00 per share in cash and a Contingent Value Right for an additional $6.00 upon regulatory approval of efruxifermin by June 30, 2031.

CoreCard Corporation Sale: CoreCard shareholders will receive an exchange ratio of Euronet common stock between 0.2783 and 0.3142 for each share they own.

PB Bankshares Sale: PB Bankshares shareholders can choose to receive either 0.7850 shares of Norwood common stock or $19.75 in cash for each share they own, with Halper Sadeh LLC offering legal support to shareholders regarding their rights and options.