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8KTier 7

URSB Bancorp, Inc. 8K

0001104659-26-035280

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URSB Bancorp, Inc. closed its mutual-to-stock conversion initial public offering, raising about $23.1 million and preparing to list its shares on the OTCQB under the symbol URSB.

URSB Bancorp, Inc., the stock holding company of United Roosevelt Savings Bank, announced that it has closed its initial public offering in connection with the mutual-to-stock conversion of its former mutual holding company, United Roosevelt, MHC, effective as of the close of business on March 26, 2026. The company sold 2,314,375 shares of common stock, including 186,750 shares to the bank’s Employee Stock Ownership Plan, at $10.00 per share for gross proceeds of approximately $23.1 million, and contributed an additional 20,000 shares to the URSB Charitable Foundation, Inc., resulting in 2,334,375 shares outstanding after the transaction. The company’s common stock is expected to begin trading on the OTCQB Market under the ticker symbol URSB on March 27, 2026, and Pacific Stock Transfer Company plans to mail DRS book-entry statements and related refund and interest checks to subscribers on or about that date.

Filing Facts

CIK
2084261
Ticker
-
Form
8K
Source Type
sec
Accession
0001104659-26-035280
Alert Tier
7
URSB Bancorp, Inc. 8K | ATTN