SVB Financial Group (SIVB) Prices 2.27M Share Offering at $564/sh

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Go back to SVB Financial Group (SIVB) Prices 2.27M Share Offering at $564/sh

SVB Financial Group (SIVB) Announces 2.23M Share Proposed Offering of Common Stock

August 9, 2021 5:15 PM EDT

SVB Financial Group ("SVB") (NASDAQ: SIVB), announced today that it intends to offer 2,227,000 shares of its common stock in an underwritten registered public offering. SVB also intends to grant the underwriter an option to purchase up to an additional 334,000 shares of its common stock... More