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Stock impact report

Mutual Savings and Loan Association Announces Commencment of Stock Offering [Yahoo! Finance]

The Bancorp, Inc. (TBBK) 
Last the bancorp, inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.thebancorp.com
Company Research Source: Yahoo! Finance
Bancorp, Inc. (the “Company”), a newly formed Louisiana corporation which will be the holding company for the Association, has commenced its stock offering in connection with the conversion of the Association from the mutual to the stock form of organization. The Association also announced that the registration statement for the sale of the Company's common stock has been declared effective by the U.S. Securities and Exchange Commission (the “SEC”) and that the approvals required to commence the offering have been received, including the approvals of the Office of the Comptroller of the Currency (the “OCC”) and the Board of Governors of the Federal Reserve System (the “FRB”). The Company is offering for sale up to 833,750 shares of its common stock at a purchase price of $10.00 per share, although the Company may sell up to 958,813 shares of common stock because of demand for the shares or changes in market conditions, without resoliciting investors. The Company's common stock is Show less Read more
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