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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.
October 1 -
First Internet Bancorp (INBK) in Indianapolis is adding asset-based lending to its commercial offerings.
November 6
First Internet Bancorp (INBK) in Indianapolis has increased the size of its
The company plans to raise $27.6 million by selling 1.4 million shares of common stock at $20 per share, according to a Thursday
First Internet will also offer underwriters the option to purchase up to 207,000 additional shares of common stock, which could bring the company an additional $4.1 million.
The $737 million-asset First Internet plans to use proceeds from the offering to support growth and acquisition opportunities and for other general corporate purposes.
Sandler O'Neill & Partners is serving as sole book-running manager of the offering. Keefe, Bruyette & Woods is acting as co-manager.
