8-K - URSB Bancorp, Inc. | StockGist

AI Analysis

AI-generated analysis. Always verify with the original filing.

URSB Bancorp, Inc. closed its initial public offering on March 26, 2026, in connection with the mutual-to-stock conversion of United Roosevelt MHC, selling 2,314,375 shares at $10.00 per share for gross proceeds of approximately $23.1 million. The Company's common stock is expected to begin trading on the OTCQB Market under ticker 'URSB' on March 27, 2026.

Key Takeaways

1Closed IPO on March 26, 2026, selling 2,314,375 shares at $10.00 per share

2Gross proceeds of approximately $23.1 million before expenses

3Includes 186,750 shares sold to Bank's ESOP

4Contributed 20,000 shares to URSB Charitable Foundation

5Total shares issued and outstanding: 2,334,375

6Trading to commence on OTCQB under 'URSB' on March 27, 2026

Current Report Details

Event Type

Other Event

Exhibits Only

Disclosure

Voluntary

Variant

8-K

Items Reported

8.01

Other Events. On March 26, 2026, URSB Bancorp, Inc., the stock holding company of United Roosevelt Savings Bank (the “Bank”), closed its initial public offering

Other Event

9.01

Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99 Press Release dated March 26, 2026 104 Cover Page Interactive Data File (Embedded wit

Exhibits Only

Source Document

Exhibits (2)

8-K

FORM 8-K

EXHIBIT 99