VERSABANK FORM S-4 REGISTRATION STATEMENT FOR PROPOSED REORGANIZATION DECLARED EFFECTIVE BY SEC

VERSABANK FORM S-4 REGISTRATION STATEMENT FOR PROPOSED REORGANIZATION DECLARED EFFECTIVE BY SEC

LONDON, ON, Aug. 5, 2026 /PRNewswire/ -- VersaBank (or the "Bank") (TSX: VBNK) (NASDAQ: VBNK), a North American leader in business-to-business digital banking, as well as technology solutions for cybersecurity, today announced its Form S-4 registration statement in connection with the Bank's proposed plan to realign its corporate structure to a standard U.S. bank framework (the "Reorganization") (File No. 333-296444) (the "Registration Statement"), previously filed with the U.S. Securities and Exchange Commission (the "SEC"), has been declared effective. Specifically, the Reorganization, among other things, will result in Versa Bancorp, a new Delaware corporation (or the "Parent"), becoming the direct holding company of VersaBank and VersaBank USA National Association.