secwatch.observer — SEC 8-K summary
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Issuer:     FULTON FINANCIAL CORP (FULT)
CIK:        0000700564
Form:       8-K
Filed at:   2024-05-01T23:59:59+00:00
Accession:  0001193125-24-127649
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fulton Financial closes $287.5M common stock offering to fund Republic First Bank acquisition
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- Offered 19,166,667 shares at $15/share; gross proceeds $287.5M; net ~$273.5M after underwriting discounts.
- Underwriters exercised option to purchase 2.5M additional shares; joint book-running by Piper Sandler and BofA Securities.
- Proceeds intended to support acquisition of Republic First Bank (Republic Bank) from FDIC, announced previously.
- Directors and certain executives subject to 60-day lock-up on sales of company securities.
- Shares issued under effective Form S-3 registration statement; final prospectus supplement filed with SEC.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/700564/000119312524127649/0001193125-24-127649-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/700564/000119312524127649/d807584d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-127649

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