Rhea-AI Summary
VWF Bancorp, Inc., the holding company for Van Wert Federal Savings Bank, has successfully completed its initial public offering (IPO) following the Bank's conversion to a stock organization on July 13, 2022. The Company sold 1,922,924 shares at $10.00 each, generating gross proceeds of approximately $19.2 million. Trading under the symbol 'VWFB' is set to begin on the OTCQB Market on July 14, 2022. Following the offering, shares will be recorded through a Direct Registration System by Pacific Stock Transfer Company.
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FAQ
What is the current stock price of VWF Bancorp (VWFB)?
VWF Bancorp (VWFB) last closed at $14.90.
What is the market cap of VWF Bancorp (VWFB)?
The market cap of VWF Bancorp (VWFB) is approximately $28.6M.