Atlantic Union Bankshares Corp. (AUB), a bank holding company, said on Monday that it has priced an underwritten public offering of 9.859 million shares at $35.50 per share for an offering sum of $350 million.
Net proceeds from the offering, to be closed on October 22, will be around $336 million.
The underwriters have been granted an option to purchase up to an additional 1.478 million shares.
For comments and feedback: editorial@rttnews.com