FIG Partners Served As Co-Manager In $57.5 Million Stock Offering For First Internet Bancorp

By FIG Partners

FIG Has Raised More Than $4.3 Billion In Equity Capital in 131 Offerings 

ATLANTA, June 12, 2018 — First Internet Bancorp (NASDAQ:INBK), the parent company of First Internet Bank, has announced the closing of its previously announced underwritten public offering of 1,505,000 shares of common stock at a price of $33.25 per share.

FIG Co-Managed $57.5 Million Stock Offering For First Internet BancorpThe underwriters have elected to exercise the option to purchase an additional 225,750 shares. Including the exercise of the option, the Company issued a total of 1,730,750 shares of its common stock and received net proceeds of approximately $54.3 million.

The FIG team included Greg Gersack, Senior Managing Principal and Co-Head of Investment Banking, and Lozan Aleksandrov, Senior Vice President and Deputy Head of Capital Markets.

More information is available here.

Since 2003, FIG has been the trusted advisor to community banks and investors. To learn more about FIG’s investment banking services, visit www.figpartners.com.

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