Premara Financial, Inc. (PARA)

Other OTC - Other OTC Delayed Price. Currency in USD
7.720.00 (0.00%)
At close: 11:25 AM EDT
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Prev Close7.72
Bid0.00 x
Ask0.00 x
Day's Range0.00 - 0.00
52wk Range
1y Target EstN/A
Market CapN/A
P/E Ratio (ttm)N/A
Avg Vol (3m)1,400
Dividend & YieldN/A (N/A)
Earnings DateN/A
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  • PR Newswire10 months ago

    Premara Financial, Inc. Completes $8.5 Million Private Placement of Common Stock

    CHARLOTTE, N.C., Nov. 30, 2015 /PRNewswire/ -- Premara Financial, Inc. (PARA), the holding company for Carolina Premier Bank, announced today that it successfully completed its private placement of the Company's common stock today, with a total of 1,214,285 shares of the Company's common stock sold at a purchase price of $7.00 per share for aggregate gross proceeds of $8,499,995 before expenses.  The net proceeds of this raise will be used to retire $6.2 million of its preferred stock held by the U.S. Treasury under the Small Business Lending Fund ("SBLF") and to support additional balance sheet growth.

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