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Winchester Bancorp has successfully completed its initial public offering (IPO) as part of its mutual holding company reorganization. The company sold 3,997,012 shares of common stock, including 334,633 shares to the Employee Stock Ownership Plan. Trading will begin on Nasdaq Capital Market under the symbol "WSBK" on May 2, 2025.
The transaction resulted in a total of 9,295,376 shares outstanding, with 5,112,457 shares issued to Winchester Bancorp MHC and 185,907 shares to Winchester Savings Bank Charitable Foundation. All valid stock orders from subscription and community offerings were fulfilled according to purchase limitations outlined in the February 11, 2025 Prospectus.
Raymond James & Associates served as marketing agent, while Luse Gorman acted as legal counsel. DRS Book-Entry statements and interest checks will be mailed by Continental Stock Transfer & Trust Company around May 2, 2025.
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