Last week, United Bank and Trust filed its latest prospectus with the SEC. The ones prior to this one were somewhat preliminary, and this one I think finalizes some answers.
Here seems to be the main points:
- Total number of shares to be issued: 6.8 Million (compared to just over 5 Million currently in circulation).
- Final share price offered: $2.50
- Total amount of money to be raised: around $15.5M
Here is a link to the Prospectus. Click the link to go to the filing at the SEC website.