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The $483 million-asset company issued 370,000 shares of common stock to a prominent financial institution investor, according to a press release Monday. The investor was not named in the release.
September 30 -
The $979 million-asset company plans to offer up to 1.4 million shares of common stock at $19 per share, according to a Sept. 12 filing with the Securities and Exchange Commission.
September 24 -
UMB Financial (UMBF) seeks to raise up to $242.2 million next week from a common stock offering that priced Tuesday.
September 11
First Internet Bancorp (INBK) in Indianapolis is planning a stock sale that could raise up to $28.8 million.
The $656 million-asset company will sell up to $25 million of common stock in a public offering, according to a Monday filing with the Securities and Exchange Commission. First Internet will also offer underwriters the option of purchasing additional shares for an aggregate price of $3.8 million.
First Internet plans to use the proceeds from the sale to support growth and future acquisitions as well as for general corporate purposes, according to the SEC filing. The company does not have any immediate plans for acquisition, it said.
Sandler O'Neill & Partners is the sole book-running manager of the offering. Keefe, Bruyette & Woods is acting as co-manager.
