other material
confidence high
sentiment positive
materiality 0.75
LINKBANCORP closes IPO of 4.575M shares at $7.50, raising $34.3M gross
LINKBANCORP, Inc.
- IPO of 4,575,000 shares at $7.50 closed; gross proceeds ~$34.3M, net ~$31.1M.
- Underwriters have 30-day over-allotment option for 686,250 additional shares.
- Common stock trades on Nasdaq Capital Market under symbol LNKB.
- Joint book-runners: Stephens Inc. and Piper Sandler; co-manager D.A. Davidson & Co.