Horizon Bancorp, Inc. Announces Closing of Common Stock Offering
Horizon Bancorp today announced the closing of the previously announced underwritten public offering of 7,138,050 shares of its common stock.
How does this offering size and pricing compare to recent equity raises by peer regional banks, and what could that indicate about market demand?
What is the intended use of the proceeds from the offering and how might it impact Horizon Bancorp's balance sheet and growth strategy?
How will the additional 7,138,050 shares affect EPS dilution and valuation metrics?
2 days ago