other material
confidence high
sentiment neutral
materiality 0.35
BCB Bancorp raises $4.97M in private placement of Series K Preferred Stock
BCB BANCORP INC
- Issued 497 shares of Series K Noncumulative Perpetual Preferred Stock at $10,000 per share on Dec. 31, 2024.
- Gross proceeds of $4,970,000; first round of Series K private placement under Regulation D.
- Sale represents 20.1% of total issued and outstanding Noncumulative Perpetual Preferred Stock.
- Exempt from SEC registration under Rule 506 of Regulation D; proceeds intended for general corporate purposes.