secwatch.observer — SEC 8-K summary
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Issuer:     Lake Shore Bancorp, Inc. /MD/ (LSBK)
CIK:        0002059653
Form:       8-K
Filed at:   2025-07-08T23:59:59+00:00
Accession:  0000950170-25-094573
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lake Shore Bancorp conversion closing July 18; $49.5M stock offering
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- Conversion of MHC to stock form and related stock offering to close July 18, 2025.
- Subscription offering of 4,950,460 shares at $10.00/share for $49.5 million gross proceeds.
- Existing public stockholders get exchange ratio of 1.3549 shares of new common for each old share.
- New common stock expected to begin trading on Nasdaq under LSBK on July 21, 2025.
- Total shares outstanding expected to be ~7,825,877 after conversion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2059653/000095017025094573/0000950170-25-094573-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2059653/000095017025094573/lsbk-20250708.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-094573

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