Lake Shore Bancorp Files S-1 for Public Offering
Ticker: LSBK · Form: S-1 · Filed: Mar 14, 2025 · CIK: 2059653
| Field | Detail |
|---|---|
| Company | Lake Shore Bancorp, INC. /Md/ (LSBK) |
| Form Type | S-1 |
| Filed Date | Mar 14, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: ipo, registration-statement, sec-filing
TL;DR
Lake Shore Bancorp just filed an S-1 for a public offering. IPO incoming?
AI Summary
Lake Shore Bancorp, Inc. filed an S-1 registration statement on March 14, 2025, for a proposed public offering of its securities. The company, headquartered in Dunkirk, New York, is registering an unspecified number of shares under the Securities Act of 1933. Kim C. Liddell is listed as the President and CEO.
Why It Matters
This S-1 filing indicates Lake Shore Bancorp, Inc. is preparing to offer its securities to the public, which could significantly impact its capital structure and shareholder base.
Risk Assessment
Risk Level: medium — S-1 filings are preliminary and indicate a company is seeking to raise capital through public markets, which carries inherent risks related to market conditions and execution.
Key Players & Entities
- Lake Shore Bancorp, Inc. (company) — Registrant
- Kim C. Liddell (person) — President and Chief Executive Officer
- March 14, 2025 (date) — Filing Date
- Dunkirk, New York (location) — Principal Executive Offices
- Benjamin M. Azoff, Esq. (person) — Counsel
- Edward Olifer, Esq. (person) — Counsel
FAQ
What is the purpose of this S-1 filing?
The S-1 filing is a registration statement required by the SEC for companies planning to offer securities to the public.
When was this S-1 filing submitted?
The filing was submitted on March 14, 2025.
Who is the President and CEO of Lake Shore Bancorp, Inc.?
Kim C. Liddell is the President and Chief Executive Officer.
Where are Lake Shore Bancorp, Inc.'s principal executive offices located?
The principal executive offices are located at 31 East Fourth Street, Dunkirk, New York 14048.
What is the SEC file number for this registration statement?
The SEC file number is 333-285836.
Filing Details
This Form S-1 (Form S-1) was filed with the SEC on March 14, 2025 by Kim C. Liddell regarding Lake Shore Bancorp, Inc. /MD/ (LSBK).