Intermountain Community Bancorp to raise $70 million in private placement - MarketLine Financial Deals

Intermountain Community Bancorp to raise $70 million in private placement

Intermountain Community Bancorp to raise $70 million in private placement - MarketLine Financial Deals
Intermountain Community Bancorp to raise $70 million in private placement
Published Apr 06, 2011
3 pages — Published Apr 06, 2011
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Abstract:

Intermountain Community Bancorp, the US-based bank holding company of Panhandle State Bank, has entered into securities purchase agreements with Castle Creek Capital Fund IV, affiliates of Stadium Capital Management, LLC and certain other accredited investors, to raise aggregate gross proceeds of $70 million through the issuance and sale of 70 million shares of common stock at $1 per share.

  
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Document ID
MA62699_110518
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Ticker
IMCB=US
Company
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MarketLine Financial Deals—MarketLine Financial Deals – Identifying and tracking major financial activity across our full scope of company and sector coverage, MarketLine Financial Deals covers mergers & acquisitions, private equity/venture capital backed buyouts, investments, and exits, IPOs and secondary and follow on offerings, and private placements and exits. Additional non-corporate financial deals including partnership agreements, joint ventures, co-development and research, licensing and co-marketing agreements are also available.

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MLA:
MarketLine Financial Deals. "Intermountain Community Bancorp to raise $70 million in private placement" Apr 06, 2011. Alacra Store. Dec 02, 2016. <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Intermountain-Community-Bancorp-to-raise-70-million-in-private-placement-2052-61046>
  
APA:
MarketLine Financial Deals. (2011). Intermountain Community Bancorp to raise $70 million in private placement Apr 06, 2011. New York, NY: Alacra Store. Retrieved Dec 02, 2016 from <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Intermountain-Community-Bancorp-to-raise-70-million-in-private-placement-2052-61046>
  
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