VERSABANK ANNOUNCES EXERCISE OF OVER-ALLOTMENT OPTION IN PUBLIC OFFERING [Globe and Mail, The (Toronto, Canada)]

VersaBank (VBNK)
Company Research
Source: Globe and Mail, The
public offering of common shares (the "Offering") have fully exercised their option to purchase an additional 849,056 common shares at a price of US$13.25 (approximately CAD$19.07 ) per share, resulting in additional gross proceeds of US$11,249,992 (approximately CAD$16,194,363 ). The sale of the additional shares closed today. After giving effect to the full exercise of the over-allotment option, the total number of common shares sold by the Bank in the Offering increased to 6,509,434 and gross proceeds increased to US$86,250,001 (approximately CAD$124,156,876 The Bank expects that the net proceeds from the Offering will be used for general banking purposes and will qualify as Common Equity Tier 1 capital for the Bank. Raymond James & Assoc
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News
- VERSABANK TO PARTICIPATE IN 37TH ANNUAL ROTH CONFERENCE IN DANA POINT CALIFORNIA MARCH 16-18, 2025 [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- VERSABANK TO PARTICIPATE IN 37TH ANNUAL ROTH CONFERENCE IN DANA POINT CALIFORNIA MARCH 16-18, 2025PR Newswire
- 3 Brilliant Growth Stocks to Buy Now and Hold for the Long Term [Yahoo! Finance Canada]Yahoo! Finance Canada
- VersaBank (NASDAQ: VBNK) had its "outperform" rating re-affirmed by analysts at Raymond James.MarketBeat
- VersaBank (NASDAQ: VBNK) was downgraded by analysts at Roth Capital from a "strong-buy" rating to a "hold" rating.MarketBeat
VBNK
Earnings
- 3/5/25 - Miss
VBNK
Sec Filings
- 3/13/25 - Form 6-K
- 3/5/25 - Form 6-K
- 2/19/25 - Form 6-K
- VBNK's page on the SEC website