secwatch.observer — SEC 8-K summary
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Issuer:     EWSB Bancorp, Inc. /MD/ (EWSB)
CIK:        0002013792
Form:       8-K
Filed at:   2024-06-28T23:59:59+00:00
Accession:  0001104659-24-076391
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EWSB Bancorp hires Performance Trust as agent for stock offering in mutual-to-stock conversion
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- Performance Trust will market EWSB Bancorp's common stock in connection with the MHC conversion from mutual to stock form and serve as sole manager if a syndicated offering is conducted.
- Performance Trust receives $25,000 management fee (credited against success fee) and success fee of greater of $250k or 1.0% of aggregate subscription/community proceeds (excluding certain purchases).
- If syndicated community offering occurs, fee is 5.0% of aggregate common stock sold; expenses reimbursed up to $100k legal and $10k other.
- Additional $30,000 fee for records agent and stock information center manager, with $10k payable upon mailing of offering materials.
- Shares offered under S-1 registration (No. 333-277828) with prospectus dated June 28, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2013792/000110465924076391/0001104659-24-076391-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2013792/000110465924076391/tm2418551d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-076391

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer