URSB Bancorp IPO closing March 26; oversubscribed offering raises ~$23.1M

URSB Bancorp, Inc.

IPO expected to close March 26, 2026; common stock begins trading on OTCQB on March 27 (trading symbol pending).
Offering of 2,314,375 shares at $10.00/sh for gross proceeds of ~$23.1 million; includes 186,750 shares for ESOP.
Subscription offering oversubscribed; valid orders exceeded $23.14M adjusted maximum; allocations subject to priority rules.
DRS book-entry statements and refund/interest checks to be mailed on/about March 27, 2026.
Final regulatory approvals received; conversion includes establishment of charitable foundation with 20,000 shares.

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