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ChoiceOne Financial Services为普通股发行定价
2024-07-25 21:09
- ChoiceOne Financial Services (NASDAQ:COFS) on Thursday announced the pricing of a public offering of 1.2M shares of its common stock at $25.00 per share, for gross proceeds of about $30M.
- The net proceeds to the company, after deducting the underwriting discounts but before deducting the estimated offering expenses payable by the company, are expected to be about $28.2M.
- COFS intends to use the net proceeds of the offering for general corporate purposes, including supplementing regulatory capital ratios and in conjunction with its announced merger with Fentura Financial.
- The company expects to close the offering, subject to customary conditions, on or about July 26, 2024.
- Press release.
More on ChoiceOne Financial Services
- ChoiceOne Financial, Fentura Financial enter all-stock merger agreement
- Seeking Alpha’s Quant Rating on ChoiceOne Financial Services
- Dividend scorecard for ChoiceOne Financial Services
- Financial information for ChoiceOne Financial Services
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