secwatch.observer — SEC 8-K summary
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Issuer:     SR Bancorp, Inc. (SRBK)
CIK:        0001951276
Form:       8-K
Filed at:   2023-09-11T23:59:59+00:00
Accession:  0000943374-23-000370
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1951276/000094337423000370/0000943374-23-000370-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1951276/000094337423000370/form8k_091123.htm
  HTML page:      https://secwatch.observer/filing/0000943374-23-000370

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer