MAY 26·nashvilleherald.com→
Rhinebeck Bancorp, Inc. Announces Commencement of Stock Offering
Rhinebeck Bancorp (NASDAQ:RBKB) began a stock offering tied to the proposed “second-step” conversion from mutual holding company to stock holding company. It plans to sell up to 8,912,500 common shares at $10.00 each, with at least 6,587,500 shares required to complete the conversion, subject to regulatory and shareholder approvals.
MAY 26·phoenixherald.com→
Rhinebeck Bancorp, Inc. Announces Commencement of Stock Offering
Rhinebeck Bancorp (NASDAQ:RBKB) began a stock offering tied to the proposed “second-step” conversion from mutual to stock form. It plans to sell up to 8,912,500 common shares at $10.00 each, with at least 6,587,500 shares required to complete the conversion. Final approvals from regulators, stockholders, and depositors are pending. Keefe Bruyette & Woods is the marketing agent.