Seneca Bancorp enters agency agreement with KBW for stock offering marketing

Seneca Bancorp, Inc.

KBW will receive a management fee of $35,000 (already paid) and a success fee of $385,000 upon completion of the offering.
For shares sold via syndicated community offering, transaction fee not to exceed 6.0% of aggregate purchase price; success fee credited.
KBW will also serve as conversion agent for $40,000 fee ($10,000 paid, remainder at completion).
Stock offering is under Registration Statement S-1 (No. 333-288044) with prospectus dated August 12, 2025.

item 1.01item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.