---
schema_version: "secwatch.filing_event.v1"
accession: "0000943374-23-000410"
form_type: "8-K"
ticker: "PFSB"
cik: "0001967656"
company_name: "PFS Bancorp, Inc."
filed_at: "2023-10-17T23:59:59+00:00"
generated_at: "2026-06-09T22:52:16.450439+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# PFS Bancorp completes mutual-to-stock conversion and IPO, raises $17.3M

## Summary
- Completed conversion from mutual to stock form, IPO effective Oct 17, 2023.
- Sold 1,725,000 shares at $10.00/share, gross proceeds ~$17.3M.
- Includes 138,000 shares sold to the Bank's ESOP.
- Common stock expected to trade on OTCQB under 'PFSB' starting Oct 18, 2023.
- Offering was oversubscribed; valid orders filled per prospectus limitations.

## SEC filing metadata
- accession: 0000943374-23-000410
- form_type: 8-K
- ticker: PFSB
- cik: 0001967656
- company_name: PFS Bancorp, Inc.
- filed_at: 2023-10-17T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1967656/000094337423000410/0000943374-23-000410-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1967656/000094337423000410/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000943374-23-000410
- JSON: https://secwatch.observer/filing/0000943374-23-000410.json
- Plain text: https://secwatch.observer/filing/0000943374-23-000410.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.