Posted In Fund VI

Trinity Capital Corporation Announces Agreement For Proposed $52 Million Equity Recapitalization and $10 Million Rights Offering

  • Posted 09/8/2016
  • Castle Creek
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LOS ALAMOS, N.M.–September 8, 2016–Trinity Capital Corporation (the “Company” or “Trinity”), parent company of Los Alamos National Bank (“LANB”), announced Thursday that it has entered into a stock purchase agreement with Castle Creek Capital Partners VI, L.P. (“Castle Creek”), Patriot Financial Partners II, L.P., Patriot Financial Partners Parallel II, L.P. (together with Patriot Financial Partners II, L.P., “Patriot”) and Strategic CONTINUE READING >>

Suncrest Bank To Acquire Security First Bank

  • Posted 09/2/2016
  • Castle Creek
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VISALIA, Calif., and FRESNO, Calif.–(PRNewswire)–Suncrest Bank (OTCQX: SBKK) and Security First Bank (OTCPink: SFRK) today announced that they have entered into a definitive agreement whereby Security First Bank will merge with and into Suncrest Bank in a cash and stock deal, valued at $18.1 million, based on a per share valuation of Suncrest Bank stock of $8.25. Under the terms CONTINUE READING >>

The Bancorp, Inc. Announces a $74 Million Capital Raise

  • Posted 08/8/2016
  • Castle Creek
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WILMINGTON, Del.–(BUSINESS WIRE)–The Bancorp, Inc. (the “Company”) (NASDAQ:TBBK) announced today that it has entered into a securities purchase agreement with certain institutional and accredited investors pursuant to which the Company sold an aggregate of 7,560,000 of the Company’s common stock, par value $1.00 per share, at a purchase price of $4.50 per share (the “Common Stock”), and 40,000 shares of CONTINUE READING >>

HCSB Financial Corporation Completes $45 Million Capital Raise and Recapitalization of Horry County State Bank

  • Posted 04/11/2016
  • Castle Creek
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LORIS, S.C.–(GLOBE NEWSWIRE)–HCSB Financial Corporation (the “Company”) (OTCPK:HCFB) announced today that it closed its previously announced private placement of 359,468,443 shares of its common stock at $0.10 per share and 905,315.57 shares of its Series A preferred stock at $10.00 per share to Castle Creek Capital Partners VI, L.P. and certain other institutional and accredited investors for gross proceeds of CONTINUE READING >>