VersaBank plans holding company reorganization, swapping shares 1-for-1 into Versa Bancorp

• VersaBank launched a holding-company reorganization that will shift the public listing to newly formed Delaware parent Versa Bancorp.
• Shareholders will exchange each common share one-for-one into a common share of Versa Bancorp at the effective time.
• No fractional shares will be issued; any fractional entitlement will be rounded down to the nearest whole share.
• Registered holders must submit a signed letter of transmittal to receive the new shares; beneficial holders should follow intermediary instructions.
• Unsubmitted share certificates and required documents within 5 years of the effective date will forfeit the right to receive the entitlement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. VersaBank published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-100370), on August 24, 2026, and is solely responsible for the information contained therein.