Business News • MarketWire • Imperial Capital Group, Inc. Commences Initial Public Offering of Common Stock |
Imperial Capital Group, Inc. Commences Initial Public Offering of Common Stock |
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Imperial Capital Group, Inc. Commences Initial Public Offering of Common Stock
LOS ANGELES, CA--(Marketwire - January 25, 2010) - Imperial Capital Group, Inc. ("Imperial
Capital") today announced the launch of its initial public offering of
6,666,666 shares of Imperial Capital's class A common stock. The initial
public offering price is expected to be between $15.00 and $17.00 per
share. This is a primary offering of shares of class A common stock by
Imperial Capital, and BofA Merrill Lynch, JMP Securities and Imperial
Capital, LLC are serving as joint bookrunners for the offering. The
underwriters have the option to purchase from Imperial Capital up to an
additional 1,000,000 shares of class A common stock, on the same terms and
conditions, to cover over-allotments, if any. Imperial Capital has been
approved to have its common stock listed on the New York Stock Exchange,
subject to notice of issuance, under the symbol "ICG."
View More : http://www.marketwire.com/mw/release.do?id=1106226&sourceType=3
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