Category Archives : Stock Offering

United Bank and Trust- Capital Raise Concluded

In a Press release and filing with the SEC on Friday Dec. 17, United Bank and Trust announced that it had completed its capital raise activity.  To read the details of the capital raise conclusion, click the blue link. The press release said that the bank sold almost 7.6 Million shares of new stock at […]

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United Bank and Trust- More of My Thoughts (Video)

I have made a few videos and I'll post them in the next few days starting today.  The subject of the videos is my response to UBT's stock offering.  I'll try to explain things as I see them and give my opinion.  As usual, feel free to opine. By the way, in the video I […]

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United Bank and Trust- Update on Stock Offering

Stock Offering Update: In a filing on Friday, UBT has increased the number of shares it's offering from 5 Million Shares to 7 Million Shares. It looks like what happened is this:  The bank needs $20M in additional capital.  The current market share is around $3 per share.  Therefore the number of shares they must […]

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UBT SEC Filings: My Preliminary Thoughts

UBT has filed several documents with the SEC relating to the money it wants to raise.  Here are links to the main documents, click to access them from the SEC website: Prospectus Powerpoint Document Lets look at the Powerpoint document.  This is basically a shorter presentation of the Prospectus, and is probably intended to distill […]

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