---
schema_version: "secwatch.filing_event.v1"
accession: "0000943374-25-000436"
form_type: "8-K"
ticker: "SNNF"
cik: "0002072421"
company_name: "Seneca Bancorp, Inc."
filed_at: "2025-10-15T23:59:59+00:00"
generated_at: "2026-05-17T03:48:08.636867+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Seneca Bancorp completes conversion to public stock company; raises ~$10.4M

## Summary
- Sold 1,044,858 shares at $10.00 per share for gross proceeds of ~$10.4M.
- Exchange ratio of 0.9684 applied to existing Seneca Financial public stockholders.
- Total shares outstanding after conversion: ~1,790,203 (before fractional adjustment).
- Common stock expected to begin trading OTCQX under SNNF on Oct 16, 2025.
- Bank's charter converted from federal savings association to national association.

## SEC filing metadata
- accession: 0000943374-25-000436
- form_type: 8-K
- ticker: SNNF
- cik: 0002072421
- company_name: Seneca Bancorp, Inc.
- filed_at: 2025-10-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2072421/000094337425000436/0000943374-25-000436-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2072421/000094337425000436/form8k_101525.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000943374-25-000436
- JSON: https://secwatch.observer/filing/0000943374-25-000436.json
- Plain text: https://secwatch.observer/filing/0000943374-25-000436.txt

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