other material
confidence high
sentiment neutral
materiality 0.60
EWSB Bancorp closes $7.5M stock offering; shares to trade on OTCQB
EWSB Bancorp, Inc. /MD/
- Closed mutual-to-stock conversion offering; 752,538 shares issued at $10.00 per share for gross proceeds of ~$7.5M.
- Includes 52,678 shares sold to the Employee Stock Ownership Plan.
- Common stock expected to be quoted on OTCQB Market on or about September 25, 2024.
- Direct Registration System book-entry statements and interest checks to be mailed on September 24, 2024.
- Performance Trust Capital Partners served as marketing agent; Luse Gorman and Silver Freedman acted as legal counsel.