 WHITE PLAINS, N.Y., July 12, 2021 GLOBE NEWSWIRE -- NorthEast Community Bancorp, Inc., a Maryland corporation the Company NasdaqCM: NECB, announced today that it has completed its second-step conversion pursuant to which NorthEast Community Bancorp, MHC has converted to the stock holding company form of organization. The Company, the new stock holding company for NorthEast Community Bank the Bank, sold 9,784,077 shares of common stock at 10.00 per share, for gross offering proceeds of 97.8 million in its subscription offering. 