secwatch.observer — SEC 8-K summary
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Issuer:     FLUSHING FINANCIAL CORP (FFIC)
CIK:        0000923139
Form:       8-K
Filed at:   2024-12-13T23:59:59+00:00
Accession:  0001104659-24-128237
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Flushing Financial prices $70M common stock offering at $15.25/sh for capital raise
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- Offering of 4,590,164 shares at $15.25 per share for $70M gross proceeds; net proceeds ~$66.3M (or ~$76.3M if overallotment exercised).
- Proceeds to support Bank’s capital ratios for potential repositioning of AFS securities portfolio and potential sale of certain CRE loans.
- Closing expected December 16, 2024; underwriters granted 30-day option for up to 688,525 additional shares.
- Joint book-runners: Keefe, Bruyette & Woods, Piper Sandler & Co., Raymond James & Associates.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/923139/000110465924128237/0001104659-24-128237-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/923139/000110465924128237/tm2430453d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-128237

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