First Seacoast Bancorp closes mutual-to-stock conversion; begins trading Jan 20

First Seacoast Bancorp, Inc.

Sold 2,805,000 shares at $10.00/share; net proceeds used for corporate purposes.
Existing bank shares converted at ratio of 0.8358 shares of new holding company common stock.
Common stock expected to trade on Nasdaq under ticker FSEA starting January 20, 2023.
Approximately 5,077,492 shares outstanding post-conversion before fractional share adjustments.
Keefe, Bruyette & Woods acted as marketing agent for the offering.

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