Mid Penn Bancorp, Inc. Announces Pricing of $70 Million Offering of Common Stock
Mid Penn Bancorp (MPB)
Last mid penn bancorp earnings: 4/27 04:01 pm
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US:NASDAQ Investor Relations:
midpennbank.com/investors
Company Research
Source: Business Wire
HARRISBURG, Pa.--(BUSINESS WIRE)--Mid Penn Bancorp, Inc. (NASDAQ: MPB) (“Mid Penn” or the “Company”) today announced the pricing of its public offering of 2,375,000 shares of its common stock (the “common stock”), at a price to the public of $29.50 per share, for an aggregate offering amount of $70 million. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 356,250 shares of common stock at the public offering price, less underwriting discounts.Stephens Inc. acted as lead book-running manager for the offering, and Piper Sandler & Co. acted as joint book-running manager for the offering.The Company expects that the net proceeds of the offering will be approximately $67 million, assuming no exercise of the underwriters’ option to purchase additional shares, after deducting underwriting discounts and expenses. The Company intends to use the net proceeds of the offering to support its continued growth, including investments in Mid Pen
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- Matthew DeSoto Spends US$543k On Mid Penn Bancorp Stock [Yahoo! Finance]Yahoo! Finance
- Mid Penn Bancorp, Inc. Announces Closing of Public Offering of Common Stock [Yahoo! Finance]Yahoo! Finance
- Mid Penn Bancorp, Inc. Announces Closing of Public Offering of Common StockBusiness Wire
- Two Pennsylvania banks merge into one [Yahoo! Finance]Yahoo! Finance
- Is It Smart To Buy Mid Penn Bancorp, Inc. (NASDAQ:MPB) Before It Goes Ex-Dividend? [Yahoo! Finance]Yahoo! Finance
MPB
Earnings
- 10/23/24 - Beat
MPB
Sec Filings
- 12/11/24 - Form 425
- 12/11/24 - Form 8-K
- 12/4/24 - Form 4
- MPB's page on the SEC website