Horizon Bancorp (NASDAQ:HBNC [https://seekingalpha.com/symbol/HBNC]) announced [https://seekingalpha.com/pr/20207172-horizon-bancorp-inc-announces-launch-of-common-stock-offering] on Wednesday the launch of an underwritten public offering of shares of common stock.
Shares were -1.78% post market to $15.75.
Additionally, the company said it expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares sold in the offering.
Net proceeds are intended to be used for general corporate purposes.
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Horizon Bancorp launches public offering of shares
Published 2 months ago
Aug 20, 2025 at 8:12 PM
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