secwatch.observer — SEC 8-K summary
======================================

Issuer:     Lake Shore Bancorp, Inc. /MD/ (LSBK)
CIK:        0002059653
Form:       8-K
Filed at:   2025-05-23T23:59:59+00:00
Accession:  0000943374-25-000234
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lake Shore Bancorp commences stock offering at $10/share; up to 5.75M shares in mutual holding company conversion
--------------------------------------------------------------------------------

- Maximum of 5,750,000 shares (up to 6,612,500 with over-allotment) offered at $10.00 per share.
- Minimum 4,250,000 shares must be sold to complete conversion; subscription offering runs May 27–June 24, 2025.
- Shares offered first to eligible depositors and ESOP, then to community and public stockholders of LSBK.
- Conversion will change Bank charter to New York commercial bank and rename it Lake Shore Bank.
- Raymond James & Associates is marketing agent; completion requires regulatory and stockholder approvals.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2059653/000094337425000234/0000943374-25-000234-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2059653/000094337425000234/form8k_052325.htm
  HTML page:      https://secwatch.observer/filing/0000943374-25-000234

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