VersaBank (VBNK) Completes $75M Share Offering

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VERSABANK COMPLETES SUCCESSFUL OFFERING OF COMMON SHARES

December 18, 2024 2:00 PM UTC

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LONDON, ON, Dec. 18, 2024 /PRNewswire/ - VersaBank (NASDAQ: VBNK) (TSX: VBNK) (the "Bank") today announced that it has successfully completed its previously announced public offering of common shares (the "Offering") at a price to the public of US$13.25 (approximately CAD$18.95) per share. An aggregate of 5,660,378 common shares were sold by the Bank for gross proceeds, before underwriting... More