Rights IssueJun 29, 2026, 05:12 PM
EWSB Bancorp Closes $2.62M Rights Offering for Common Stock
AI Summary
EWSB Bancorp, Inc. announced the closing of a private placement of 261,682 shares of its common stock, raising an aggregate purchase price of $2,616,820. The offering was conducted as a rights offering, open only to eligible accredited investors. Additionally, the company is considering the issuance of 88,318 shares of nonvoting preferred stock to certain stockholders.
Key Highlights
- EWSB Bancorp closed a private placement of common stock.
- The aggregate purchase price for the offering was $2,616,820.
- 261,682 shares of common stock were sold in the private placement.
- The private placement was conducted as a rights offering to eligible holders.
- Only accredited investors were eligible to participate in the rights offering.
- Company is considering issuing 88,318 shares of nonvoting preferred stock.
Price Impact
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