Company sells 290,004 shares at $15.95 per share, an 8.33% discount
By Devika Patel
Knoxville, Tenn., March 31 - Emclaire Financial Corp. concluded a $4.63 million private placement of stock on March 31, according to an 8-K filed Thursday with the Securities and Exchange Commission.
The company sold 290,004 common shares at $15.95 apiece. The price per share is an 8.33% discount to $17.40, the March 30 closing share price.
Based in Emlenton, Pa., Emclaire is a financial holding company.
| Issuer: | Emclaire Financial Corp.
|
| Issue: | Common stock
|
| Amount: | $4,625,564
|
| Shares: | 290,004
|
| Price: | $15.95
|
| Warrants: | No
|
| Settlement date: | March 31
|
| Stock symbol: | Nasdaq: EMCF
|
| Stock price: | $17.40 at close March 30
|
| Market capitalization: | $25.77 million
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
