LINKBANCORP (LNKB) Prices 4.58M Share IPO at $7.50/sh

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Go back to LINKBANCORP (LNKB) Prices 4.58M Share IPO at $7.50/sh

LINKBANCORP, Inc. Announces Pricing of Initial Public Offering of Common Stock

September 13, 2022 7:51 PM EDT

HARRISBURG, Pa., Sept. 13, 2022 /PRNewswire/ -- LINKBANCORP, Inc. (the "Company"), the holding company of The Gratz Bank, including its LINKBANK division (the "Bank") today announced the pricing of its initial public offering of 4,575,000 shares of its common stock at a public offering price of $7.50 per share. The offering is expected to result in gross proceeds to the Company of approximately $34.3 million. The net proceeds to the Company, after deducting the underwriting discount and estimated offering expenses, are expected to be approximately $31.1 million.  In addition, the... More