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Rhinebeck Bancorp, Inc. 8K

0001751783-26-000032

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Rhinebeck Bancorp, Inc. completed its second-step mutual-to-stock conversion and public offering, selling new shares and exchanging existing shares to become a fully public stock holding company.

On July 21, 2026, Rhinebeck Bancorp, Inc., the holding company for Rhinebeck Bank, announced that Rhinebeck Bancorp, MHC completed its second-step conversion from a two-tier mutual holding company structure to a fully public stock holding company structure and that the related stock offering closed, resulting in the sale of 8,880,210 shares at $10.00 per share and the exchange of existing public shares into new shares at a 1.3978-to-1 ratio, for a total of 15,638,237 common shares outstanding before fractional share adjustments, with the mutual holding company ceasing to exist and the transfer agent arranging issuance of DRS statements and related payments around the closing date.

Filing Facts

CIK
1751783
Ticker
-
Form
8K
Source Type
sec
Accession
0001751783-26-000032
Alert Tier
7
Rhinebeck Bancorp, Inc. 8K | ATTN