EWSB Bancorp Files 8-K
Ticker: EWSB · Form: 8-K · Filed: Sep 20, 2024 · CIK: 2013792
| Field | Detail |
|---|---|
| Company | Ewsb Bancorp, Inc. /Md/ (EWSB) |
| Form Type | 8-K |
| Filed Date | Sep 20, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $7.5 million, $10.00 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-k, other-events
TL;DR
EWSB Bancorp filed an 8-K, but details are scarce.
AI Summary
EWSB Bancorp, Inc. filed an 8-K on September 20, 2024, to report other events. The filing does not contain specific details about the nature of these events, dollar amounts, or definitive dates beyond the filing date itself. The company is incorporated in Maryland and headquartered in Kaukauna, Wisconsin.
Why It Matters
This filing indicates a material event has occurred for EWSB Bancorp, Inc., requiring public disclosure, though the specifics are not yet detailed.
Risk Assessment
Risk Level: low — The filing is a standard 8-K for 'Other Events' and lacks specific negative or positive financial information, making the immediate risk level low.
Key Players & Entities
- EWSB Bancorp, Inc. (company) — Registrant
- Maryland (jurisdiction) — State of Incorporation
- Kaukauna, Wisconsin (location) — Principal Executive Offices
FAQ
What specific 'Other Events' are being reported by EWSB Bancorp, Inc. in this 8-K filing?
The filing does not specify the nature of the 'Other Events' beyond the general category.
When was the earliest event reported in this 8-K filing?
The earliest event reported is dated September 20, 2024.
What is the principal executive office address for EWSB Bancorp, Inc.?
The principal executive offices are located at 109 West Second Street, Kaukauna, Wisconsin 54130.
What is the SIC code for EWSB Bancorp, Inc.?
The Standard Industrial Classification (SIC) code is 6036, for Savings Institutions, Not Federally Chartered.
What is the Commission File Number for EWSB Bancorp, Inc.?
The Commission File Number is 000-56690.
Filing Stats: 810 words · 3 min read · ~3 pages · Grade level 12.3 · Accepted 2024-09-20 17:04:05
Key Financial Figures
- $7.5 million — ing offering expenses) of approximately $7.5 million based on the offering price of $10.00 p
- $10.00 — million based on the offering price of $10.00 per share. All valid orders received in
Filing Documents
- tm2424493d1_8k.htm (8-K) — 25KB
- 0001104659-24-101739.txt ( ) — 189KB
- ewsb-20240920.xsd (EX-101.SCH) — 3KB
- ewsb-20240920_lab.xml (EX-101.LAB) — 33KB
- ewsb-20240920_pre.xml (EX-101.PRE) — 22KB
- tm2424493d1_8k_htm.xml (XML) — 3KB
01 Other Events
Item 8.01 Other Events EWSB Bancorp, Inc. (the "Company"), the holding company for East Wisconsin Savings Bank (the "Bank"), announced today that it had closed its stock offering in connection with the completion of the conversion of Wisconsin Mutual Bancorp, MHC (the "MHC") into the stock holding company form of organization. A total of 752,538 shares of common stock were issued, which includes 52,678 shares sold to the Bank's Employee Stock Ownership Plan, for gross offering proceeds (before deducting offering expenses) of approximately $7.5 million based on the offering price of $10.00 per share. All valid orders received in the offering were accepted and satisfied in full. The Company's common stock is expected to be quoted on the OTCQB Market on or about September 25, 2024. The Company's transfer agent, Pacific Stock Transfer Company, plans to mail Direct Registration System Book-Entry statements for the shares purchased in the stock offering, and interest checks, on or about September 24, 2024. Performance Trust Capital Partners, LLC acted as marketing agent for the Company in connection with the offering. Luse Gorman, PC acted as legal counsel to the Company, the MHC and the Bank in connection with the offering. Silver, Freedman, Taff & Tiernan LLP acted as legal counsel to Performance Trust Capital Partners, LLC in connection with the offering.
Forward-Looking Statements
Forward-Looking Statements This current report contains certain forward-looking by the fact that they do not relate strictly to historical or current facts. They often include words such as "believe," "expect," "anticipate," "estimate," and "intend" or future or conditional verbs such as "will," "would," "should," "could," or "may." Forward-looking statements, by their nature, are subject to risks and uncertainties. The Company wishes to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Certain factors that could cause actual results to differ materially from expected results include delays in commencement of trading, increased competitive pressures, changes in the interest rate environment, general economic conditions or conditions within the securities markets, and legislative and regulatory changes that could adversely affect the business in which the Company and the Bank are engaged. The Company wishes to advise readers that the factors listed above could affect the Company's financial performance and could cause the Company's actual results for future periods to differ materially from any opinions or statements expressed with respect to future periods in any current statements. The Company does not undertake and specifically declines any obligation to publicly release the results of any revisions that may be made to any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. EWSB BANCORP, INC. DATE: September 20, 2024 By: /s/ Charles D. Schmalz Charles D. Schmalz President and Chief Executive Officer