Jul. 18 at 8:15 PM
$LSBK NASDAQ Equity Corporate Actions Alert # 2025 - 386
Information Regarding the Mutual to Stock Conversion for Lake Shore Bancorp, Inc. (LSBK)
https://www.nasdaqtrader.com/TraderNews.aspx?id=ECA2025-386
The Plan of Conversion and Reorganization of Lake Shore Bancorp, Inc. (LSBK) from a mutual holding company to a stock holding company is expected to become effective after the close of business today, July 18, 2025. Under the plan, each existing share of Lake Shore Bancorp, Inc., a federal stock corporation will be exchanged for 1.3549 shares of Lake Shore Bancorp Common Stock, a new Maryland corporation. The symbol will remain “LSBK”. These changes will become effective on Monday, July 21, 2025, subject to closing of subscription and community offerings.