---
schema_version: "secwatch.filing_event.v1"
accession: "0000943374-25-000430"
form_type: "8-K"
ticker: "SNNF"
cik: "0002072421"
company_name: "Seneca Bancorp, Inc."
filed_at: "2025-10-10T23:59:59+00:00"
generated_at: "2026-05-17T04:07:11.643069+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Seneca Financial closes conversion, raises $10.4M in stock offering

## Summary
- Gross proceeds of $10.4M from 1,044,858 shares at $10.00 per share (midpoint).
- Closing expected Oct 15, 2025; stock to trade on OTCQX (SNNF) starting Oct 16.
- Existing public stockholders exchange at 0.9684 ratio; ~1.79M shares outstanding.
- ESOP purchased 83,588 shares as part of the offering.
- All valid stock orders filled in full; DRS statements mailed on/about Oct 16.

## SEC filing metadata
- accession: 0000943374-25-000430
- form_type: 8-K
- ticker: SNNF
- cik: 0002072421
- company_name: Seneca Bancorp, Inc.
- filed_at: 2025-10-10T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2072421/000094337425000430/0000943374-25-000430-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2072421/000094337425000430/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000943374-25-000430
- JSON: https://secwatch.observer/filing/0000943374-25-000430.json
- Plain text: https://secwatch.observer/filing/0000943374-25-000430.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.