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-0.00636942675159236 -0.0148619957537155 -0.0148619957537155 -0.00636942675159236 -0.00636942675159236 -0.0148619957537155 -0.00976645435244154 -0.00976645435244154
Stock impact report

Signature Bank Announces Public Stock Offering

Signature Bank (SBNY) 
Last signature bank earnings: 4/23 05:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.signatureny.com/investor-relations
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Signature Bank (Nasdaq: SBNY), a New York-based full-service commercial bank, announced today an underwritten offering of 2,100,000 shares of its common stock. The Bank will also grant to the underwriters a 30-day option to purchase up to 315,000 additional shares of common stock. The Bank intends to use the proceeds from the offering for general corporate purposes.Morgan Stanley and BofA Securities are acting as the bookrunners in the offering.The offering is subject to market conditions and other factors. This press release does not constitute an offer to sell or the solicitation of an offer to buy the securities, nor will there be any sale of the securities in any State in which any such offer, solicitation or sale would be unlawful. The common stock offering may be made only by means of an offering circular.Copies of the preliminary offering circular may be obtained fromMorgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2n Show less Read more
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