Research analysts covering Seneca Bancorp.
Recent press releases and 8-K filings for SNNF.
Seneca Bancorp Completes Conversion Transaction and Stock Offering
SNNF
M&A
Delisting/Listing Issues
- Seneca Bancorp, Inc. (SNNF) announced the completion of its conversion transaction on October 15, 2025, which involved the conversion of Seneca Financial MHC to a fully public stock holding company and a related stock offering.
- The company sold 1,044,858 shares of common stock at a price of $10.00 per share, generating approximately $10.4 million in total gross proceeds.
- Seneca Bancorp's common stock is expected to begin trading on the OTCQX Market under the symbol "SNNF" starting October 16, 2025.
- Following the conversion and stock offering, approximately 1,790,203 shares of Seneca Bancorp common stock are outstanding.
Oct 15, 2025, 8:12 PM
Seneca Bancorp Announces Closing Date for Conversion and Stock Offering
SNNF
- Seneca Bancorp, Inc. (SNNF) announced the expected closing of its conversion from a mutual holding company to a fully public stock holding company and a related stock offering on October 15, 2025.
- The company expects to sell 1,044,858 shares of common stock at $10.00 per share, generating approximately $10.4 million in gross proceeds.
- Following the conversion, approximately 1,790,203 shares of Seneca Bancorp common stock are expected to be outstanding.
- Seneca Bancorp's common stock is anticipated to begin trading on the OTCQX Market under the symbol "SNNF" starting October 16, 2025.
Oct 10, 2025, 1:09 PM
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more