ECB Bancorp completes IPO, raises ~$89.2M in mutual-to-stock conversion

ECB Bancorp, Inc. /MD/

Sold 8,915,247 shares at $10.00/share; includes 734,020 shares to ESOP.
Gross proceeds approximately $89.2 million before offering expenses.
Stock expected to trade on Nasdaq Capital Market under ECBK starting July 28, 2022.
Continental Stock Transfer to mail book-entry statements and interest checks around July 28, 2022.

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