other material
confidence high
sentiment positive
materiality 0.80
VWF Bancorp completes IPO in mutual-to-stock conversion, raises ~$19.2M
VWF Bancorp, Inc.
- Sold 1,922,924 shares at $10.00 per share, including 153,834 shares for ESOP.
- Gross proceeds of approximately $19.2 million before offering expenses.
- Common stock expected to begin trading on OTCQB under symbol 'VWFB' on July 14, 2022.
- Offering completed in connection with the Bank's conversion from mutual to stock form of organization.