secwatch.observer — SEC 8-K summary
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Issuer:     Amerant Bancorp Inc. (AMTB)
CIK:        0001734342
Form:       8-K
Filed at:   2024-09-27T23:59:59+00:00
Accession:  0001193125-24-227154
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Amerant Bancorp prices 7.9M share offering at $19.00/share for $150M gross proceeds
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- Priced public offering of 7,900,000 shares of Class A common stock at $19.00 per share; aggregate offering $150M.
- Net proceeds expected ~$141.6M (or ~$155.7M if over-allotment option exercised in full).
- Proceeds to support organic growth, working capital, resolution of non-performing loans, and balance sheet optimization.
- Underwriters: Stephens Inc. and Piper Sandler & Co. (joint book-runners); KBW (Stifel) and Raymond James as co-managers.
- Offering expected to close on or about September 27, 2024, subject to customary conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1734342/000119312524227154/0001193125-24-227154-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1734342/000119312524227154/d155898d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-227154

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