Silvergate Capital (SI) Prices 3.31M Share Offering at $145/sh

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/12/2026

1. MIRM
2. SPY
3. META
4. MSFT
5. PLTR
6. JNJ
7. QQQ
8. LDOS
9. HUM
10. KTOS

Go back to Silvergate Capital (SI) Prices 3.31M Share Offering at $145/sh

Silvergate Prices Public Offering of Class A Common Stock

December 6, 2021 10:49 PM EST

LA JOLLA, Calif.--(BUSINESS WIRE)-- Silvergate Capital Corporation (NYSE: SI) (Silvergate or the Company) announced today the pricing of an underwritten public offering of 3,310,344 shares of Class A common stock at a price to the public of $145.00 per share. The Company also granted the underwriters a 30-day option to purchase up to an additional 496,551 shares of Class A common stock.

The aggregate gross proceeds of the offering will be approximately $480.0 million before discounts and expenses. Assuming full exercise by the underwriters of their option to purchase additional shares, the aggregate gross proceeds of the... More