other material
confidence high
sentiment neutral
materiality 0.50
LINKBANCORP completes overallotment sale of 526,205 shares at $7.50, raising ~$3.9M gross
LINKBANCORP, Inc.
- Underwriters exercised overallotment option for 526,205 shares at $7.50 per share.
- Gross additional proceeds expected ~$3.9 million; net proceeds ~$3.6 million.
- Sale follows IPO declared effective Sept 13, 2022; stock trades on Nasdaq under LNKB.
- Stephens Inc. and Piper Sandler acted as joint book-running managers.