SR Bancorp expects conversion/merger close Sep 19; stock to trade Sep 20 under SRBK

SR Bancorp, Inc.

Offering of 9,055,172 shares at $10.00 per share, including 760,364 ESOP shares.
Regal Bancorp shareholders to receive $23.00 per share in cash in merger.
Post-merger bank renamed Somerset Regal Bank; charitable foundation to get 452,758 shares and $905,517 cash.
Subscription offering orders to be filled in full; total shares outstanding expected 9,507,930.

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