Kenneth J. Torsoe of Suffern made a proposal to acquire Sunnyside Bancorp, Inc. (OTCPK:SNNY) for $15.9 million on August 6, 2021. Kenneth J. Torsoe is offering, through a to-be-formed holding company, $20.00 per share to purchase all of the shares of stock of Sunnyside Bancorp. As of August 27, 2021, Kenneth J. Torsoe of Suffern made a proposal of $22.00 per share to purchase all of the shares of stock of Sunnyside Bancorp. As of September 20, 2021, Kenneth J. Torsoe announced that he is no longer actively pursuing his August 27, 2021 offer to the Board of Directors of Sunnyside Bancorp. Instead, he intends to take steps to commence a tender offer for the stock of Sunnyside at a price of $23 per share and will file an application for government approval and commence a tender offer simultaneously, as soon as practicable. Kenneth J. Torsoe is represented by Jay L. Hack of Gallet Dreyer & Berkey, LLP and Rudolph Zodda of Bleakley Platt & Schmidt, LLP.