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Last updated on Thursday, July 12, 2018
(SALEM) - Mid-Southern Bancorp, Inc. (“Mid-Southern Bancorp”) (Nasdaq:MSVB), announced that it has completed the “second step” conversion of Mid-Southern, M.H.C. and Mid-Southern Bancorp’s related stock offering, effective as of the close of business Wednesday.
As a result of the closing of the conversion and offering, Mid-Southern Bancorp is now the holding company for Mid-Southern Savings Bank, FSB ("Bank"). The MHC has ceased to exist. The results of the stock offering were previously reported in a press release dated July 10, 2018.
The Bank's stock is expected to cease trading at the close of business on July 11, 2018. Mid-Southern Bancorp's common stock is expected to trade on the Nasdaq Capital Market under the trading symbol "MSVB" beginning on July 12, 2018.
Keefe, Bruyette & Woods, Inc. acted as marketing agent and financial advisor for Mid-Southern Bancorp in connection with the offering. Breyer & Associates PC and Silver, Freedman, Taff & Tiernan LLP acted as legal counsel to Mid-Southern Bancorp in connection with the offering. Luse Gorman, PC acted as legal counsel to Keefe, Bruyette & Woods, Inc. in connection with the offering.
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