Company offers common shares at $6.65 apiece to multiple investors
By Devika Patel
Knoxville, Tenn., May 31 - Fidelity Southern Corp. settled a $14.41 million private placement of stock with 11 investors on May 27, according to an 8-K filed Tuesday with the Securities and Exchange Commission.
The company sold 2,167,166 common shares at $6.65 apiece. The per-share price represents a 4.59% discount to the May 26 closing share price of $6.97.
Based in Atlanta, Fidelity Southern is a bank holding company.
| Issuer: | Fidelity Southern Corp.
|
| Issue: | Common stock
|
| Amount: | $14,411,654
|
| Shares: | 2,167,166
|
| Price: | $6.65
|
| Warrants: | No
|
| Settlement date: | May 27
|
| Stock symbol: | Nasdaq: LION
|
| Stock price: | $6.97 at close May 27
|
| Market capitalization: | $75.64 million
|
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