Mackinac Financial stock offering prices at $15.50 per share [Seeking Alpha]
Mackinac Financial Corporation (MFNC)
Last mackinac financial corporation earnings: 1/29 09:00 am
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US:NASDAQ Investor Relations:
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Source: Seeking Alpha
Mackinac Financial stock offering prices at $15.50 per shareMackinac Financial (NASDAQ:MFNC)-1.1% to $15.55 in premarket trading after 1.94M shares price at $15.50 each for gross proceeds of $30M.Greenshoe option for up to added 290,323 shares.MFNC shares closed trading yesterday at $15.73; the company announced its plans for the stock offering after U.S. stock markets closed yesterday.Part of the proceeds will pay for some of its Lincoln Community Bank acquisition.Previously:Mackinac Financial slips after starting common stock offering (June 12)Source:Press ReleaseClick to subscribe to real-time analytics on MFNCNow read:CPI Card Group names John Lowe CFO, succeeding Lillian Etzkorn »
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