Gouverneur Bancorp approves mutual-to-stock conversion; offering extended to Oct 20

Gouverneur Bancorp, Inc./MD/

Stockholders and MHC members approved Plan of Conversion and Reorganization on Sept 29, 2023.
Community offering extended to 2:00 p.m. ET on Oct 20, 2023; may close earlier if 722,500 shares ordered.
Valid orders received for ~70% of shares offered at minimum of offering range, incl. ESOP shares.
Conversion requires sale of at least 722,500 shares and final regulatory approvals.
May commence syndicated community offering for unsubscribed shares before expiration.

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