secwatch.observer — SEC 8-K summary
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Issuer:     Gouverneur Bancorp, Inc./MD/ (GOVB)
CIK:        0001978811
Form:       8-K
Filed at:   2023-11-01T23:59:59+00:00
Accession:  0001104659-23-113335
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gouverneur Bancorp closes second-step conversion and stock offering; shares to trade on OTCQB under GOVB
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- Sold 723,068 shares at $10.00/share; 57,845 shares sold to the ESOP.
- Exchange ratio of 0.5334 for existing Gouverneur Bancorp stockholders; cash paid for fractional shares.
- Approximately 1,107,178 common shares outstanding post-closing before fractional adjustment.
- Common stock expected to begin trading on OTCQB under ticker GOVB on November 1, 2023.
- Conversion of Cambray Mutual Holding Company from mutual to stock form closed on October 31, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1978811/000110465923113335/0001104659-23-113335-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1978811/000110465923113335/tm2329560d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-113335

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