StoneCastle Financial (BANX) Announces $30M At-the-Market Offering

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StoneCastle Financial Corp. Announces At-the-Market Offering

October 21, 2021 4:40 PM EDT

DENVER, Oct. 21, 2021 (GLOBE NEWSWIRE) -- StoneCastle Financial Corp. (Nasdaq: BANX) (StoneCastle or the Company) today announced that it has filed a prospectus supplement with the U.S. Securities and Exchange Commission (SEC), under which it may offer and sell up to $30,000,000 of its common stock (the Common Stock) from time to time through an at-the-market equity offering program (the ATM Offering). The Company intends to invest the net proceeds from any sales of its common stock in accordance with its investment policy. The timing and any amount of sales will be determined by a variety of factors determined... More