Columbia Financial, Inc. Announces Preliminary Subscription Offering Results and Increase in Maximum Purchase Limits
Columbia Financial reported preliminary results for its second-step conversion subscription offering, receiving over 5,000 orders representing approximately $925 million. Due to strong demand, the company increased maximum purchase limits to $8.0 million for individuals and $50.0 million for groups.
Key figures
- Offering Price
- 10
- Max group limit usd
- $50.0 million
- Min shares to be sold
- 142375000
- Subscription orders usd
- $925 million
- Max individual limit usd
- $8.0 million
- Northfield merger shares
- 61390681
- Subscription orders count
- over 5,000
AI analysis
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