other_material
confidence high
sentiment neutral
materiality 0.60
Rhinebeck Bancorp hires KBW to market common stock in offering; fees disclosed
Rhinebeck Bancorp, Inc.
- KBW will receive $50k management fee (paid) and success fee of 1.0% of subscription offering, 1.5% of community offering proceeds.
- Records agent fee of $45k ($20k paid) with possible $15k increase on regulatory or delay changes.
- Shares offered under effective S-1 registration statement (No. 333-294283); prospectus dated May 14, 2026.
- Syndicated community offering would incur KBW fee up to 6.0% of aggregate proceeds.
item 1.01item 9.01