Isabella Bank Corp enters $30M ATM equity distribution agreement with Piper Sandler

ISABELLA BANK CORP

Up to $30M of common stock may be sold at-the-market through Piper Sandler & Co.
Commission of up to 3.0% of gross sales price payable to agent.
Proceeds for general corporate purposes, including capital contribution to bank for lending.
Issued under existing shelf registration statement (S-3) effective April 23, 2026.
No obligation to sell; agreement can be terminated by either party.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

ISABELLA BANK CORP entered into Equity Distribution Agreement with Piper Sandler & Co. valued at $30,000,000 (effective 2026-06-16).

Action: entry
Agreement: atm program
Counterparty: Piper Sandler & Co.
Value: $30,000,000
Effective: 2026-06-16

Exact text from the filing

On June 16, 2026, Isabella Bank Corporation, a Michigan corporation (the “Company”), and its wholly-owned subsidiary, Isabella Bank, a Michigan state-chartered bank (the “Bank”), entered into an Equity Distribution Agreement (the “Agreement”) with Piper Sandler & Co., as sales agent (the “Agent”), pursuant to which the Company may issue and sell from time to time through the Agent, shares of the Company's common stock, no par value per share (the “Common Stock”), having an aggregate gross sales price of up to $30,000,000 (the “Offering”).

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Source: SEC EDGAR

accession 0000842517-26-000163

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