Rhinebeck Bancorp mutual-to-stock conversion oversubscribed; closing July 21, 2026

Filed July 17, 2026 · Period ending July 17, 2026 · ~1 min read

Key Changes

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  Subscription offering oversubscribed by eligible depositors, with orders exceeding the maximum offering range; only first-tier depositors will receive allocations per prospectus procedures.

  Item 8.01 — Other Events verify on EDGAR →
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  Existing shareholders will receive 1.3978 new shares for each old share held, with fractional shares paid in cash at $10.00 per share; 15,638,237 shares will be outstanding post-conversion.

  Item 8.01 — Other Events verify on EDGAR →
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  Conversion expected to close July 21, 2026; newly issued and exchanged shares will begin trading on Nasdaq under ticker RBKB on July 22, 2026.

  Item 8.01 — Other Events verify on EDGAR →