Lake Shore Bancorp conversion closing July 18; $49.5M stock offering

Lake Shore Bancorp, Inc. /MD/

Conversion of MHC to stock form and related stock offering to close July 18, 2025.
Subscription offering of 4,950,460 shares at $10.00/share for $49.5 million gross proceeds.
Existing public stockholders get exchange ratio of 1.3549 shares of new common for each old share.
New common stock expected to begin trading on Nasdaq under LSBK on July 21, 2025.
Total shares outstanding expected to be ~7,825,877 after conversion.

item 8.01item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.