secwatch.observer — SEC 8-K summary
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Issuer:     HORIZON BANCORP INC /IN/ (HBNC)
CIK:        0000706129
Form:       8-K
Filed at:   2025-08-22T23:59:59+00:00
Accession:  0002077096-25-000039
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.0, 7.0, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/706129/000207709625000039/0002077096-25-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/706129/000207709625000039/ea0254230-8k_horizon.htm
  HTML page:      https://secwatch.observer/filing/0002077096-25-000039

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