Blue Foundry Bancorp 8-K

What Happened

• Blue Foundry Bancorp (BLFY) announced that its shareholders approved the Agreement and Plan of Merger with Fulton Financial Corporation on January 29, 2026. The merger agreement is dated November 24, 2025, and Blue Foundry filed the 8-K on January 30, 2026.
• At the record date there were 20,761,225 shares outstanding; 16,797,721 shares were represented at the special meeting, establishing a quorum, and the merger received the required shareholder approval.

Key Details

• Shares outstanding (record date): 20,761,225; shares represented at the meeting: 16,797,721.
• Merger vote: For 16,476,512; Against 280,898; Abstain 40,311.
• Adjournment vote (approved but not needed): For 14,019,713; Against 2,739,049; Abstain 38,959.
• Filing date: January 30, 2026. The 8-K includes standard forward-looking statements and identifies key risks to closing and integration.

Why It Matters

• Investors should know the merger has been approved by Blue Foundry shareholders, but closing remains subject to conditions in the merger agreement, including required regulatory approvals and other closing conditions.
• The filing highlights risks that could affect the combined company, including possible failure to obtain approvals, integration challenges, higher-than-expected costs, delayed or unrealized cost savings, customer or employee disruption, and potential dilution from Fulton issuing shares in the transaction. These are material items to watch as the deal moves toward closing.