Business NewsMarketWire • Imperial Capital Group, Inc. Commences Initial Public Offering of Common Stock

Imperial Capital Group, Inc. Commences Initial Public Offering of Common Stock

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
Releted News by marketwire
Imperial Capital Group, Inc. Commences Initial Public Offering of Common Stock
(OTCBB: GELV) CEO Karen Clark Discusses the Company's Tremendous Success