Published on 4/23/2010 in the Prospect News PIPE Daily.
New Issue: VIST Financial orchestrates $5.15 million private placement of shares
By Devika Patel
Knoxville, Tenn., April 23 - VIST Financial Corp. announced it plans a $5.15 million private placement of stock.
The company will sell 644,000 common shares at $8.00 per share to Emerald Advisers, Inc. and Battlefield Capital Management.
Based in Wyomissing, Pa., VIST is a financial services holding company.
| Issuer: | VIST Financial Corp.
|
| Issue: | Common stock
|
| Amount: | $5,152,000
|
| Shares: | 644,000
|
| Price: | $8.00
|
| Warrants: | No
|
| Investors: | Emerald Advisers, Inc. and Battlefield Capital Management
|
| Pricing date: | April 23
|
| Stock symbol: | Nasdaq: VIST
|
| Stock price: | $9.00 at close April 22
|
| Market capitalization: | $52.3 million
|
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