Published on 12/3/2008 in the Prospect News PIPE Daily.
New Issue: Mission Community Bancorp settles $3.85 million private placement of shares
By Devika Patel
Knoxville, Tenn., Dec. 3 - Mission Community Bancorp completed a $3.85 million private placement of stock on Dec. 2, according to an 8-K filed Wednesday with the Securities and Exchange Commission.
The company sold 225,026 shares at $17.10 per share.
San Luis Obispo, Calif.-based Mission Community Bancorp is a full-service bank providing loan and deposit products.
| Issuer: | Mission Community Bancorp
|
| Issue: | Stock
|
| Amount: | $3,847,944
|
| Shares: | 225,026
|
| Share price: | $17.10
|
| Warrants: | No
|
| Settlement date: | Dec. 2
|
| Stock symbol: | OTCBB: MISS
|
| Stock price: | $11.05 at close Dec. 2
|
| Market capitalization: | $12.4 million
|
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