other material
confidence high
sentiment neutral
materiality 0.55
Gouverneur Bancorp begins second-step stock offering up to 977,500 shares at $10
Gouverneur Bancorp, Inc./MD/
- Offering up to 977,500 shares at $10.00 per share; minimum 722,500 shares needed to complete conversion.
- Conversion from mutual to stock holding company; regulatory approvals received.
- Subscription offering first to eligible depositors, borrowers, and ESOP; then community offering.
- Stockholders of record as of July 31, 2023 get second preference in community offering.
- Keefe, Bruyette & Woods acting as marketing agent; Kilpatrick Townsend as legal counsel.