Amalgamated Bank Announces Launch of Common Stock Offering

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Amalgamated Bank (AMAL) Prices 2M Common Stock Offering at $19.25/Share

November 14, 2018 7:03 AM EST

Amalgamated Bank (Amalgamated) (Nasdaq: AMAL) today announced the pricing of its public offering of ­­­­­­­­­­­­­­­­2,000,000 shares of Class A common stock at a public offering price of $19.25 per share. The underwriters have also been granted a 30-day option to purchase up to an additional 300,000 shares of Class A common stock. All of the shares in the offering are to be sold by the selling stockholders. Amalgamated will not receive any proceeds from the... More