We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Limestone Bancorp, Inc. (“Limestone” or the “Company”) (NASDAQ: LMST), in connection with the proposed acquisition of the Company by Peoples Bancorp Inc. (“Peoples”) (NASDAQ: PEBO).  Under the terms of the merger agreement, Limestone shareholders will receive a fixed exchange ratio of 0.90 shares of common stock in the combined company for each share of Limestone common stock owned, representing implied per-share merger consideration of approximately $27.73 based upon Peoples’ October 24, 2022 closing price of $30.81.  The transaction is valued at approximately $208.2 million.

Weiss Law is investigating whether (i) Limestone’s board of directors acted in the best interests of the Company in agreeing to the proposed transaction, (ii) the per-share merger consideration adequately compensates Limestone’s shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.