Northrim BanCorp Inc

NRIM▼

Halper Sadeh LLC Investigates Whether SAFT, NEUP, RMAX, NRIM Are Obtaining Fair Deals for Shareholders

Halper Sadeh LLC, an investor rights law firm, is investigating four companies for potential violations of federal securities laws or breaches of fiduciary duties to shareholders. The investigations concern Safety Insurance Group Inc.'s sale to an affiliate of Mapfre S.A. for $105.00 per share in cash, Neuphoria Therapeutics Inc.'s merger with Scancell Holdings plc where Neuphoria shareholders would own 14.5% of the combined company, RE/MAX Holdings Inc.'s sale to The Real Brokerage Inc. for either 5.152 shares of the combined company or $13.80 in cash per share, and Northrim BanCorp Inc.'s merger with PBCO Financial Corporation. The firm notes that insiders may receive substantial financial benefits not available to ordinary shareholders and that the proposed transactions may contain terms limiting superior competing offers. Halper Sadeh LLC may seek increased consideration, additional disclosures, or other relief on behalf of shareholders.

NEUP ▼NRIM ▼RMAX ▼SAFT ▼0NQ2.LSE SCLP.LSE

NEUP · Capital · Negative Merger with Scancell where Neuphoria shareholders get only 14.5% of combined company, potentially unfair.

NRIM · Capital · Negative Merger with PBCO Financial Corporation under investigation for unfair terms.

RMAX · Capital · Negative Sale to The Real Brokerage Inc. under investigation for potentially unfair deal terms.

SAFT · Capital · Negative Sale to Mapfre S.A. under investigation for potential securities law violations.

0NQ2.LSE · Capital · Neutral Mapfre is the acquirer of Safety Insurance; investigation may affect deal but not directly negative for Mapfre.

SCLP.LSE · Capital · Neutral Scancell is merging with Neuphoria; the investigation may affect deal terms but Scancell is not the target.

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NRIM

Monteverde Law Firm Investigates Mergers of Northrim Bancorp, Neuphoria Therapeutics, Safety Insurance, and RE/MAX

Class action attorney Juan Monteverde of Monteverde & Associates PC announced investigations into four proposed mergers. The firm is examining Northrim Bancorp's merger with PBCO Financial Corporation, Neuphoria Therapeutics' merger with Scancell Holdings where Neuphoria stockholders would own 11.1% of the combined company, Safety Insurance Group's sale to a Mapfre affiliate at $105.00 per share in cash, and RE/MAX Holdings' sale to The Real Brokerage where shareholders may receive 5.152 shares of the combined company or $13.80 in cash per share. The RE/MAX shareholder vote is scheduled for August 14, 2026. Monteverde & Associates PC, a national class action securities firm headquartered at the Empire State Building, has recovered millions of dollars for shareholders and was recognized as a Top 50 Firm in the 2025 ISS Securities Class Action Services Report.

NEUP NRIM RMAX SAFT SCLP.LSE

NEUP · Capital · Neutral Merger investigation announced; outcome uncertain for Neuphoria Therapeutics.

NRIM · Capital · Neutral Merger investigation announced; outcome uncertain for Northrim BanCorp.

RMAX · Capital · Neutral Merger investigation announced; outcome uncertain for RE/MAX Holdings.

SAFT · Capital · Neutral Merger investigation announced; outcome uncertain for Safety Insurance Group.

SCLP.LSE · Capital · Neutral Scancell Holdings is merging with Neuphoria Therapeutics; the investigation is about the merger terms, but no clear positive or negative impact on Scancell is stated.

PBCO Financial Corporation · Capital · Neutral PBCO Financial Corporation is merging with Northrim Bancorp; the investigation is about the merger terms, but no clear positive or negative impact on PBCO is stated.

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NRIM

Halper Sadeh LLC Investigates Whether UTZ, BLFS, NRIM Are Obtaining Fair Deals for Their Shareholders

Halper Sadeh LLC, an investor rights law firm, is investigating whether Utz Brands, BioLife Solutions, and Northrim BanCorp are obtaining fair deals for their shareholders. The firm is examining Utz Brands' sale to Intersnack Group GmbH & Co. KG for $14.25 per share in cash, BioLife Solutions' sale to Repligen Corporation for $11.25 per share in cash and 0.1442 shares of Repligen common stock, and Northrim BanCorp's merger with PBCO Financial Corporation. Halper Sadeh LLC may seek increased consideration, additional disclosures, or other relief on behalf of shareholders. The firm notes that insiders may receive substantial financial benefits not available to ordinary shareholders and that the proposed transactions may contain terms limiting superior competing offers. Shareholders are encouraged to contact the firm at no cost to discuss their legal rights and options.

BLFS NRIM UTZ RGEN

BLFS · Capital · Neutral BioLife Solutions is being acquired by Repligen; the law firm is investigating whether the deal is fair, which could lead to improved terms or no change.

NRIM · Capital · Neutral Northrim BanCorp is merging with PBCO Financial; the law firm is investigating the fairness of the deal, which could affect shareholder value.

UTZ · Capital · Neutral Utz Brands is being sold to Intersnack; the law firm is investigating whether the sale price is fair, which could lead to changes.

RGEN · Capital · Neutral Repligen is the acquirer of BioLife Solutions; the investigation may affect the deal terms or completion, but Repligen is not the primary subject.

PBCO Financial Corporation · Capital · Neutral PBCO Financial is merging with Northrim BanCorp; the investigation may affect the merger terms, but PBCO is not the primary subject.

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NRIM▲

Northrim BanCorp strikes $167.3M all-stock deal for PBCO Financial

Northrim BanCorp has agreed to acquire PBCO Financial, the parent of People's Bank of Commerce, in an all-stock deal valued at approximately $167.3 million. PBCO shareholders will receive 1.160 Northrim shares for each PBCO share, implying a per-share value of $32.36 based on Northrim's July 21 closing price, and will own about 21.1% of the combined company. The acquisition expands Northrim's footprint into Southern Oregon and the Willamette Valley through People's Bank's 11 branches. The combined company is expected to have roughly $4.2 billion in assets, $3 billion in loans, and $3.5 billion in deposits. The deal is expected to close in the fourth quarter of 2026 or early first quarter of 2027.

NRIM ▲

NRIM · Capital · Positive Northrim BanCorp is the acquirer in a $167.3M all-stock deal, expanding its footprint and scale.

PBCO Financial Corporation · Capital · Positive PBCO Financial is being acquired at a premium, with shareholders receiving Northrim shares valued at $32.36 per share.

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