The Company intends to use the net proceeds from the Offering for general corporate purposes, including repayment of approximately $17.9 million of existing indebtedness of the Company and a downstream of capital to the Bank […]
The Company intends to use the net proceeds from the Offering for general corporate purposes, including repayment of approximately $17.9 million of existing indebtedness of the Company and a downstream of capital to the Bank […]
The expected proceeds to the Company in connection with the exercise of the option and the issuance of the additional shares, after deducting the underwriting discount and commissions but before deducting operating expenses payable by the Company, are approximately $6.3 million with expected proceeds totaling $48.3 million for the combined public offering […]
Pursuant to the Purchase Agreement, the Company sold and issued $35.0 million in aggregate principal amount of its 7.50% Fixed-to-Floating Rate Subordinated Notes due 2036 (the “Notes”) […]
The Company intends to use the net proceeds of the Notes issuance to repay existing long-term debt and for general corporate purposes […]
Since its founding in 2009, Blue Bridge has funded more than $600 million to over 9,000 small and medium-sized businesses across 30+ industries throughout the United States, specializing in secured loans for revenue-producing, essential-use equipment […]
Since inception, Fundworks has funded more than $1 billion to over 15,000 small businesses throughout the United States […]
The Company intends to use the net proceeds of this offering for general corporate purposes and to support its continued growth, including through investments in the Bank to pursue growth opportunities, and for working capital […]
This transaction represents the second-largest bank conversion offering in the last fifteen years […]
Amur has been a regular issuer in the asset-backed securities market since 2012. With the completion of AXIS 2026-1, the company’s sixteenth ABS transaction, the company has issued more than $4.8 billion in securitized notes through its term securitization program […]
The completion of this sale marks the largest transaction between a bank and a credit union in U.S. history […]