Lake Shore Bancorp宣布股票发行;股价下跌

• Lake Shore Bancorp (NASDAQ:LSBK) announced the launch of its common stock offering as part of the proposed conversion from a mutual to a stock holding company.
• The Bank will convert its charter to a New York commercial bank and be renamed Lake Shore Bank.
• Up to 5.75M shares are being offered at $10/share.
• At least 4.25M shares must be sold for the conversion to proceed.
• LSBK shares fall over 10% post-market on Friday.
• Source: Press release

More on Lake Shore Bancorp

• Financial information for Lake Shore Bancorp