Business NewsMarketWire • First California Announces Pricing of Common Stock Offering

First California Announces Pricing of Common Stock Offering

First California Announces Pricing of Common Stock Offering

WESTLAKE VILLAGE, CA--(Marketwire - March 18, 2010) -  First California Financial Group, Inc. (NASDAQ: FCAL), the holding company of First California Bank, today announced the pricing of an underwritten public offering of 14,400,000 shares of its common stock at a price of $2.50 per share, for gross proceeds of approximately $36 million. The net proceeds of the offering after deducting underwriting discounts and commissions and estimated offering expenses are expected to be approximately $33 million.

View More : http://www.marketwire.com/mw/release.do?id=1134546&sourceType=3
Releted News by marketwire
First California Announces Pricing of Common Stock Offering
Sterling Shoes Income Fund Announces Fourth Quarter and Full Year 2009 Results
TSX Venture Exchange Closing Summary for March 18, 2010