Equity Bancshares, Inc. Announces Pricing of $80 Million Offering of Class A Common Stock
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Equity Bancshares, Inc. has announced the pricing of its $80 million public offering of Class A common stock at $44.50 per share. The company has also granted underwriters a 30-day option to purchase additional shares.
December 03, 2024 | 2:00 am
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Equity Bancshares, Inc. has priced its $80 million public offering of Class A common stock at $44.50 per share, potentially diluting existing shares but raising capital for the company.
The announcement of a public offering typically leads to a short-term decrease in stock price due to dilution concerns. However, the raised capital can be beneficial for the company's growth and operations in the long term.
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