New Issue: Meta Financial to raise $5.65 million through placement of shares

By Devika Patel

Knoxville, Tenn., Jan. 26 - Meta Financial Group, Inc. arranged a $5.65 million private placement of stock on Jan. 22, according to an 8-K filed Tuesday with the Securities and Exchange Commission.

The company will sell 265,000 common shares at $21.33 per share to Cash America International, Inc.

Settlement is expected Jan. 26.

The financial services provider is based in Storm Lake, Iowa.

Issuer:	Meta Financial Group, Inc.
Issue:	Common stock
Amount:	$5,652,450
Shares:	265,000
Price:	$21.33
Warrants:	No
Investor:	Cash America International, Inc.
Pricing date:	Jan. 22
Settlement date:	Jan. 26
Stock symbol:	Nasdaq: CASH
Stock price:	$21.75 at close Jan. 22
Market capitalization:	$56.6 million

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