Enterprise Bancorp announces plans to conduct rights offering of stock

Company will sell common shares to investors of record as of April 19

By Devika Patel

Knoxville, Tenn., April 8 – Enterprise Bancorp, Inc. will price a rights offering of common stock, according to an 8-K filed Friday with the Securities and Exchange Commission.

The company has set April 19 as the record date. The offering is expected to begin on April 21 and expire on May 27.

Based in Lowell, Mass., the company is principally engaged in the business of attracting deposits from the general public and investing in commercial loans and investment securities.

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