BV Financial commences stock offering of up to 15.2M shares at $10 for mutual-to-stock conversion

BV Financial, Inc.

Offering up to 13.225M shares (15.209M if overallotted) at $10.00 per share; minimum 9.775M shares required.
Subscription offering to BayVanguard depositors and ESOP; community offering with local preference.
Shares expected to list on Nasdaq Capital Market under symbol 'BVFL' upon completion.
Offering period runs May 22 to June 21, 2023; managed by Performance Trust Capital Partners.
Conversion and offering subject to regulatory approvals, stockholder/member approval, and other conditions.

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