Lakeland Financial (LKFN) to Offer 3.5M in Common Stock

October 26, 2009 8:35 AM EDT

In a Form S-1, Lakeland Financial (Nasdaq: LKFN) announced that it plans to offer 3.5 million shares of common stock in a public offering. The company has granted the underwriters a 30-day option to purchase up to 525,000 additional shares of our common stock at the public offering price, less underwriting discounts and commissions, to cover over-allotments, if any.

Stifel Nicolaus, Keefe, Bruyette & Woods and Howe Barnes Hoefer & Arnett were the underwriters for the offering.


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LKFN 25.08

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