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VersaBank and Versa Bancorp Announce Completion of Reorganization

Newsfile Corp•13/11/2026•06:45 ET
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Key Highlights

  • ➤Reorganization completed; Versa Bancorp became VersaBank’s direct holding company
  • ➤32,566,856 Versa Bancorp Shares issued to former VersaBank shareholders
  • ➤Shares expected to begin trading under “VRSA” on TSX and NASDAQ around November 17, 2026
  • ➤VersaBank shares expected to be delisted from TSX and NASDAQ
  • ➤Versa Bancorp to report fiscal 2026 results on January 7, 2027

Expert Statements

David Taylor, Founder, President, Chief Executive Officer and Chairman of Versa Bancorp

“This is an historic day that will contribute to our achieving our full potential in the United States, in Canada and beyond. The Reorganization not only supports the growth opportunities in both our Real-Time Structured Receivable Program and Digital Asset/Tokenized Deposit technology and capabilities but will also contribute to enhanced shareholder value through increased investor visibility and liquidity for our stock, eligibility for inclusion in certain stock indices, improved access to capital markets and even greater cost efficiencies.”

- Reorganization Is Intended to Support Increased Investor Visibility and Stock Liquidity, Eligibility for Inclusion in Certain Stock Indices and Improved Access to Capital Markets -

- Versa Bancorp Shares to Replace VersaBank Shares Under Symbol "VRSA" on NASDAQ and TSX on or Around November 17, 2026 -

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