secwatch.observer — SEC 8-K summary
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Issuer:     NSTS Bancorp, Inc. (NSTS)
CIK:        0001881592
Form:       8-K
Filed at:   2022-01-12T23:59:59+00:00
Accession:  0001437749-22-000818
Event type: other_material
Sentiment:  positive
Materiality: 0.85
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NSTS Bancorp receives final regulatory OK for conversion; shares to list on Nasdaq Jan 19
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- All regulatory approvals received; conversion closing expected Jan 18, 2022.
- Stock offering of 5,290,000 shares at $10.00/share for gross proceeds of ~$52.9M.
- Common stock to trade on Nasdaq Capital Market under ticker NSTS starting Jan 19, 2022.
- Offering over-subscribed in third tier; first-tier subscribers and ESOP filled in full.
- Total shares outstanding after closing estimated at 5,397,959, including 107,959 shares for charitable foundation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1881592/000143774922000818/0001437749-22-000818-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1881592/000143774922000818/nsts20220112_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-000818

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