Double Bottomline Corp. ("DB") entered into a definitive agreement to acquire Community Savings Bancorp, Inc. (OTCPK:CCSB) for $9.5 million on June 9, 2021. The purchase price is subject to adjustment. As per the terms, CCSB shareholders will receive approximately $22.76 per share. As on December 23, 2021, the final aggregate merger consideration for the transaction was $9.5 million, which will result in the payment of $23.44 per share in cash to the shareholders of CCSB common stock. The proposed transaction will merge CCSB into a wholly-owned subsidiary of DB, with CCSB surviving the merger. Upon consummation of the proposed transaction, DB will own 100% of the outstanding shares of CCSB and its banking subsidiary, Community Savings. The transaction is subject to customary closing conditions, including the receipt of approvals from the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, and the shareholders of CCSB. The transaction is expected to close in the fourth quarter of 2021. DB and Evan M. Stone, President and Chief Executive Officer of DB are being advised by Hunton Andrews Kurth LLP as legal counsel. CCSB and Community Savings are being advised by Boenning & Scattergood as financial advisor and Luse Gorman, PC as legal counsel. American Stock Transfer & Trust Company, LLC acted as transfer agent for Community Savings.