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ALERUS FINANCIAL CORP completed its initial public offering on NASDAQ on September 13, 2019, pricing at $21.00 a share.
| Ticker | ALRS |
|---|---|
| Exchange | NASDAQ |
| Status | Completed |
| Listing date | September 13, 2019 |
| Offering price | $21.00 |
| Shares offered | 2,860,000 |
| Total raised | $60M |
ALERUS FINANCIAL CORP sold 2,860,000 shares at $21.00 each on NASDAQ. Multiplied out, that is $60.1 million in gross proceeds, the figure before underwriting discounts and offering expenses, and it agrees with the $60 million total recorded for the deal.
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Source: SEC EDGAR filings for ALERUS FINANCIAL CORP. This page is general information, not investment advice.