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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.

 Posted on : December 19, 2010
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