---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-250721"
form_type: "8-K"
ticker: "MPB"
cik: "0000879635"
company_name: "MID PENN BANCORP INC"
filed_at: "2024-11-04T23:59:59+00:00"
generated_at: "2026-05-30T06:41:42.111598+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Mid Penn Bancorp closes $70M public offering of common stock; underwriters exercise option for 356K additional shares.

## Summary
- Closed offering of 2.375M shares at $29.50/share; gross proceeds $70M, net ~$67M.
- Underwriters exercised option for 356,250 addl shares at $28.025/share; closes Nov 5.
- Net proceeds used for organic growth, potential subdebt redemption, future M&A, and general corporate.
- Stephens Inc. lead book-runner; Piper Sandler joint book-runner for the offering.
- Dilution of ~11% from up to 2.731M new shares; existing shareholders diluted.

## SEC filing metadata
- accession: 0001193125-24-250721
- form_type: 8-K
- ticker: MPB
- cik: 0000879635
- company_name: MID PENN BANCORP INC
- filed_at: 2024-11-04T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/879635/000119312524250721/0001193125-24-250721-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/879635/000119312524250721/d128854d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-250721
- JSON: https://secwatch.observer/filing/0001193125-24-250721.json
- Plain text: https://secwatch.observer/filing/0001193125-24-250721.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.