0002072421
Company

Seneca Bancorp, Inc.

National Commercial Banks · SNNF

follow-on priced OTCQX EFFECT

Filing Timeline

SEC EDGAR
EFFECT effective
SEC effectiveness notice
SEC declared the registration statement effective, allowing the offering to proceed.
Follows 424B3 and marks the registration effective.
2025-11-25 · 9999999995-25-003372
424B3 priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows EFFECT and confirms the priced prospectus.
Price $10.00 · 1,388,625 shares · Gross proceeds $13,886,250
Common Stock · Exchange OTCQX · Ticker SNNF · Over-allotment 181,125 · Use of proceeds To facilitate the conversion to a stock holding company and for general corporate purposes · Underwriters Keefe, Bruyette & Woods, Inc.
Seneca Bancorp, Inc. is conducting an IPO to transition from a mutual holding company to a stock holding company, involving the conversion of Seneca Savings to a national bank. The offering includes up to 1,388,625 shares of common stock, with a minimum of 892,500 shares required to complete the conversion. Existing public shareholders of Seneca Financial Corp. will exchange shares for Seneca Bancorp stock. The offering includes subscription, community, and syndicated community tiers, managed by Keefe, Bruyette & Woods, Inc.
2025-08-22 · 0001104659-25-081866
424B3 priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
Price $10.00 · 135,438 shares · Gross proceeds $1,354,380
Common Stock · Ticker SNNF
The current 424B3 filing serves as a prospectus supplement for Seneca Bancorp, Inc.'s offering of participation interests in up to 135,438 shares of common stock through the Seneca Savings 401(k) Plan. This supplement outlines how plan participants can direct up to 50% of their account balances to invest in Seneca Bancorp stock during the conversion from a mutual holding company to a stock holding company. The offering is part of a broader restructuring, with Seneca Bancorp's stock expected to trade on the OTCQX Market post-conversion. The previous filing focused on a larger stock offering, including subscription and community offerings, whereas this filing is specifically tied to the 401(k) Plan.
2025-08-22 · 0001104659-25-081870
424B3 priced
Final prospectus
Final prospectus filed near launch with final deal terms.
Follows 424B3 and confirms the priced prospectus.
Price $10.00 · 1,207,500 shares · Gross proceeds $12,075,000
common · Exchange OTCQX · Ticker SNNF · Use of proceeds Proceeds will be used for the conversion and exchange of shares, with no specific allocation mentioned
2025-08-22 · 0001104659-25-081874
EFFECT effective
SEC effectiveness notice
SEC declared the registration statement effective, allowing the offering to proceed.
Follows S-1/A and marks the registration effective.
Seneca Bancorp, Inc. has received effectiveness for its Form S-1 registration statement, enabling the offering of up to 135,438 shares of common stock through the Seneca Savings 401(k) Plan. The offering allows plan participants to invest up to 50% of their account balances in Seneca Bancorp stock at $10.00 per share, with the stock not contingent on OTCQX Market listing. The filing confirms the conversion of Seneca Financial MHC from a mutual to a stock holding company.
2025-08-12 · 9999999995-25-002574
S-1/A amended
Amended registration statement
Updated registration statement filed after SEC comments or deal changes.
Updates the prior S-1/A filing.
Price $10.00 · 135,438 shares · Gross proceeds $1,354,380
Common Stock of Seneca Bancorp, Inc. · Ticker SNNF · Selling stockholders only · Use of proceeds for the conversion of Seneca Financial MHC to a stock holding company
Seneca Bancorp, Inc. is offering participation interests in up to 135,438 shares of its common stock through the Seneca Savings 401(k) Plan. The offering is part of the conversion of Seneca Financial MHC from a mutual holding company to a stock holding company. Participants can invest up to 50% of their 401(k) account balances, with shares priced at $10.00 each. The offering is not contingent on the stock being listed on OTCQX. The filing includes details on investment risks, purchase procedures, and plan administration.
2025-08-07 · 0001104659-25-075105
S-1/A amended
Amended registration statement
Updated registration statement filed after SEC comments or deal changes.
Updates the prior S-1/A filing.
Price $10.00 · 135,438 shares · Gross proceeds $1,354,380
Common Stock · Ticker SNNF · Use of proceeds Conversion of mutual holding company to stock holding company and related expenses
Seneca Bancorp, Inc. is offering shares of common stock through the conversion of Seneca Financial MHC from a mutual holding company to a stock holding company. The offering allows participants in the Seneca Savings 401(k) Plan to invest up to 50% of their account balances, with the plan potentially purchasing 135,438 shares at $10.00 per share. The stock is expected to be quoted on the OTCQX Market post-conversion, though the offering is not contingent on this. The prospectus supplement outlines participation details, risks, and administrative procedures.
2025-08-07 · 0001104659-25-075276
S-1/A amended
Amended registration statement
Updated registration statement filed after SEC comments or deal changes.
Updates the prior S-1/A filing.
Price $10.00 · 135,438 shares · Gross proceeds $1,354,380
Seneca Bancorp, Inc. Common Stock · Exchange OTCQX · Use of proceeds Use of proceeds is for the conversion of Seneca Financial MHC to a stock holding company.
Seneca Bancorp, Inc. is offering participation interests in up to 135,438 shares of its common stock through the Seneca Savings 401(k) Plan. The offering is part of the conversion of Seneca Financial MHC from a mutual holding company to a stock holding company. Participants may invest up to 50% of their 401(k) account balances, with shares priced at $10.00 each. The offering is not contingent on the stock being quoted on the OTCQX Market, though it is expected to be listed there post-conversion. The prospectus supplement outlines procedures for elections, purchase priorities, and risks related to oversubscription and market volatility.
2025-07-31 · 0001104659-25-072679
S-1/A amended
Amended registration statement
Updated registration statement filed after SEC comments or deal changes.
Updates the prior S-1 filing.
Price $10.00 · 135,438 shares · Gross proceeds $1,354,380
Seneca Bancorp, Inc. common stock · Exchange OTCQX Market · Ticker SNNF · Use of proceeds Proceeds to support the conversion from mutual to stock holding company structure
Seneca Bancorp, Inc. is offering participation interests in up to 135,438 shares of its common stock at $10.00 per share through the Seneca Savings 401(k) Plan. The offering is part of the conversion of Seneca Financial MHC from a mutual holding company to a stock holding company. The prospectus supplement outlines procedures for 401(k) Plan participants to invest up to 50% of their account balances in the stock, with details on purchase priorities, oversubscription risks, and post-offering investment options.
2025-07-25 · 0001104659-25-070825
S-1 filed
Initial registration statement
Initial public filing submitted to start the SEC review process.
First tracked pre-IPO filing for this issuer.
Price $10.00 · 135,438 shares
common stock · Ticker SNNF · Use of proceeds conversion of Seneca Financial MHC to stock holding company
Seneca Bancorp, Inc. is conducting an initial public offering (IPO) of its common stock through the conversion of Seneca Financial MHC from a mutual holding company to a stock holding company. The offering allows participants in the Seneca Savings 401(k) Plan to invest up to 50% of their account balances in Seneca Bancorp shares at $10.00 per share, with a maximum of 135,438 shares available. The stock will be listed on the OTCQX Market post-conversion. The filing includes details about the 401(k) Plan's investment options, purchase procedures, and risks associated with the offering.
2025-06-13 · 0001104659-25-059424
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