secwatch.observer — SEC 8-K summary
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Issuer:     URSB Bancorp, Inc. (URSB)
CIK:        0002084261
Form:       8-K
Filed at:   2026-03-20T23:59:59+00:00
Accession:  0001104659-26-032564
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2084261/000110465926032564/0001104659-26-032564-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2084261/000110465926032564/tm269463d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-032564

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