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Reported Earlier, Merchants Bancorp Prices Common Stock Offering Of 2.4M Shares At $43/Share

Benzinga ·  May 14 15:46

The expected proceeds to the Company, after deducting underwriting discounts and commissions but before deducting offering expenses payable by the Company, are approximately $98,040,000. In addition, the Company has granted the underwriters a 30-day right to purchase up to an additional 360,000 shares of Company common stock at the public offering price, less underwriting discounts and commissions.

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