Horizon Bancorp closes $103.5M common stock offering of 7.14M shares at $14.50/share

HORIZON BANCORP INC /IN/

Total shares sold: 7,138,050, including full exercise of underwriter option for 931,050 shares.
Gross proceeds ~$103.5M; net proceeds ~$98.6M after underwriting discounts and expenses.
Proceeds to be used for general corporate purposes and potential balance sheet repositioning.
Underwriters: Keefe, Bruyette & Woods (Stifel) and Performance Trust Capital Partners.
Directors and certain officers entered 90-day lock-up agreements restricting share sales.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.