Posted In Fund V

Guaranty Federal Bancshares, Inc. Closes $17.2 Million Public Offering of Common Stock

  • Posted 03/7/2014
  • Castle Creek
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Springfield, Mo.–(GLOBE NEWSWIRE)–Guaranty Federal Bancshares, Inc. (Nasdaq:GFED), the holding company (the “Company”) for Guaranty Bank, today announced the closing of its previously announced underwritten offering of its common stock. The Company raised approximately $17.2 million in gross proceeds by issuing 1,499,999 shares of its common stock, which includes the full exercise of the over-allotment option granted to the underwriter of CONTINUE READING >>

SouthCrest Financial Group Announces Completion of Charter Consolidation

  • Posted 03/3/2014
  • Castle Creek
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PEACHTREE CITY, Ga.–(GLOBE NEWSWIRE)–Kenneth H. Maloy, President and CEO of SouthCrest Financial Group, Inc. (OTCBB:SCSG) announced today that the company has completed the consolidation of its four bank charters as of February 28, 2014. “We are very pleased to announce we are now one bank, SouthCrest Bank, N.A., and all of our customers in Georgia and Alabama now have high-touch CONTINUE READING >>

Delmarva Bancshares, Inc. Announces $11 Million Private Stock Offering

  • Posted 12/19/2013
  • Castle Creek
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Delmarva Bancshares, Inc., (the “Company” or “Delmarva”) the bank holding company for the National Bank of Cambridge (the “Bank”), announced today that institutional investors have agreed to purchase $11 million of the Company’s common and preferred stock in a private placement. The Company plans to contribute most of this new capital to the Bank so it can sell the majority CONTINUE READING >>

SouthCrest Financial Group Reports Closure of $17.5 Million Capital Raise

  • Posted 10/24/2013
  • Castle Creek
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PEACHTREE CITY, Ga.–(GLOBE NEWSWIRE)–Kenneth H. Maloy, President and CEO of SouthCrest Financial Group, Inc. (SCSG:PK) announced today that the company reported preliminary results for the third quarter of 2013, as well as the completion of the previously disclosed $17.5 million capital raise. On September 27th, SouthCrest funded investments with affiliates of Castle Creek Capital and other institutional investors that total CONTINUE READING >>