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Dime Community Bancshares Prices Public Offering of Common Stock at $125 million
Nov 12, 2024•over 1 year ago
Contract Type
contract
NorwichBankingDescription
Dime Community Bancshares, Inc. has announced the pricing of a public offering of 3,906,250 shares of its common stock at a public offering price of $32.00 per share, resulting in aggregate gross proceeds of $125 million. The company also granted the underwriters a 30-day option to purchase additional shares. The net proceeds from this offering will be used for general corporate purposes to support the company's continued organic growth.
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