Medallion Bank Announces Launch of Series G Preferred Stock Offering
Medallion Bank launched a public offering of additional Series G Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, reopening its original May 22, 2025 issuance. The shares carry a $25 liquidation amount and trade on Nasdaq under MBNKO; underwriters have a 30-day option to cover over-allotments.
Key figures
- Offering Price
- $25 per share liquidation amount
- Series
- Series G Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock
- Underwriter option
- 30-day over-allotment option
AI analysis
Red flags2 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.