secwatch.observer — SEC 8-K summary
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Issuer:     First Seacoast Bancorp, Inc. (FSEA)
CIK:        0001943802
Form:       8-K
Filed at:   2023-01-19T23:59:59+00:00
Accession:  0000943374-23-000018
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1943802/000094337423000018/0000943374-23-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1943802/000094337423000018/form8k_011923.htm
  HTML page:      https://secwatch.observer/filing/0000943374-23-000018

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer