An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
Fulton Financial Announces Launch of Common Stock Offering
Fulton Financial (NASDAQ: FULT) today announced that it commenced an underwritten public offering of shares of its common stock. The expects to grant the underwriters a 30-day option to purchase additional shares of its common stock. Piper Sandler and BofA Securities are acting as joint book-running managers for the offering. The intends to use the net proceeds of the offering for general corporate purposes, including to support new opportunities in connection with its business strategy following its previously announced acquisition of substantially all of the assets and its assumption of substantially all of the deposits and certain liabilities of Republic First Bank, doing business as Republic Bank, from the Federal Deposit Insurance
Frequently asked questions:
Fulton Financial annuncia il lancio di un'offerta di azioni ordinarie. Fulton Financial (NASDAQ: FULT) ha annunciato oggi che ha avviato un'offerta pubblica sottoscritta di azioni del suo capitale sociale. È previsto che venga concesso agli underwriter un'opzione di 30 giorni per l'acquisto di ulteriori azioni del capitale sociale. Piper Sandler e BofA Securities agiscono come gestori congiunti dell'operazione di libro. La società intende utilizzare il ricavato netto dell'offerta per scopi aziendali generali, inclusi il supporto a nuove opportunità in connessione con la sua strategia aziendale a seguito dell'acquisizione precedentemente annunciata di quasi tutti gli asset e l'assunzione di quasi tutti i depositi e di alcune passività di Republic First Bank, operante come Republic Bank, da parte del Federal Deposit Insurance.
Fulton Financial anuncia el lanzamiento de una oferta de acciones ordinarias. Fulton Financial (NASDAQ: FULT) anunció hoy que ha iniciado una oferta pública suscrita de acciones de su capital social. Se espera otorgar a los suscriptores una opción de 30 días para comprar acciones adicionales del capital social. Piper Sandler y BofA Securities actúan como administradores conjuntos de la oferta. La empresa tiene la intención de utilizar los ingresos netos de la oferta para fines corporativos generales, incluido el apoyo a nuevas oportunidades en conexión con su estrategia empresarial tras la adquisición previamente anunciada de casi todos los activos y la asunción de casi todos los depósitos y algunas obligaciones de Republic First Bank, que opera como Republic Bank, por parte del Federal Deposit Insurance.
풀턴 파이낸셜, 보통주 공모 발표. 풀턴 파이낸셜(NASDAQ: FULT)은 오늘 보통주의 공개 매각을 시작했다고 발표했습니다. 발행인은 30일 동안 추가 주식을 매입할 수 있는 옵션을 부여할 예정입니다. 파이퍼 샌들러와 BofA 증권이 공동 북러닝 매니저로 활동합니다. 이 회사는 공모로 조성된 순수익을 일반 기업 목적에 사용할 계획이며, 이는 이전에 발표된 리퍼블릭 퍼스트 뱅크(리퍼블릭 뱅크로 운영)의 거의 모든 자산의 인수와 거의 모든 예금 및 특정 부채를 미연방 예금 보험으로부터 인수하는 것과 관련된 새로운 기회를 지원하는 것을 포함합니다.
Fulton Financial annonce le lancement d'une offre d'actions ordinaires. Fulton Financial (NASDAQ : FULT) a annoncé aujourd'hui qu'elle a commencé une offre publique souscrite d'actions de son capital social. Il est prévu que les souscripteurs se voient accorder une option de 30 jours pour acheter des actions supplémentaires du capital social. Piper Sandler et BofA Securities agissent en tant que gestionnaires de livre conjoints pour l'offre. La société a l'intention d'utiliser les produits nets de l'offre à des fins corporatives générales, y compris pour soutenir de nouvelles opportunités en lien avec sa stratégie d'entreprise suite à son acquisition précédemment annoncée de la quasi-totalité des actifs et de la quasi-totalité des dépôts et de certaines passifs de Republic First Bank, faisant affaire sous le nom de Republic Bank, auprès de la Federal Deposit Insurance.
Fulton Financial kündigt die Einführung eines Angebots für Stammaktien an. Fulton Financial (NASDAQ: FULT) gab heute bekannt, dass es ein öffentliches Zeichnungsangebot für Aktien seines Stammkapitals begonnen hat. Es wird erwartet, dass den Underwritern eine 30-tägige Option zum Kauf zusätzlicher Aktien des Stammkapitals eingeräumt wird. Piper Sandler und BofA Securities fungieren als gemeinsame Bookrunner für das Angebot. Das Unternehmen beabsichtigt, den Nettoerlös aus dem Angebot für allgemeine Unternehmenszwecke zu verwenden, einschließlich der Unterstützung neuer Möglichkeiten im Zusammenhang mit seiner Geschäftsstrategie nach der zuvor angekündigten Übernahme von fast allen Vermögenswerten und der Übernahme von fast allen Einlagen und bestimmten Verbindlichkeiten der Republic First Bank, die als Republic Bank tätig ist, von der Federal Deposit Insurance.
Positive
Launch of underwritten public offering will provide Fulton Financial with additional proceeds for general corporate purposes
The joint book-running managers for the offering are Piper Sandler and BofA Securities
Proceeds from the offering are intended to support new opportunities following the acquisition of assets and deposits of Republic First Bank
Negative
The offered securities have not been approved or disapproved by any regulatory authority
The expects to grant the underwriters a 30-day option to purchase additional shares which may lead to dilution for existing shareholders
LANCASTER, Pa.--(BUSINESS WIRE)--
Fulton Financial Corporation (NASDAQ: FULT) (the “Corporation”) today announced that it commenced an underwritten public offering of shares of its common stock. The Corporation expects to grant the underwriters a 30-day option to purchase additional shares of its common stock.
Piper Sandler and BofA Securities are acting as joint book-running managers for the offering.
The Corporation intends to use the net proceeds of the offering for general corporate purposes, including to support new opportunities in connection with its business strategy following its previously announced acquisition of substantially all of the assets and its assumption of substantially all of the deposits and certain liabilities of Republic First Bank, doing business as Republic Bank, from the Federal Deposit Insurance Corporation.
The offering is being made only by means of a prospectus supplement and accompanying base prospectus. The Corporation has filed a registration statement on Form S-3 (File No. 333-274624), and a preliminary prospectus supplement to the prospectus contained in the registration statement with the U.S. Securities and Exchange Commission (the “SEC”) for the shares of common stock to which this communication relates and intends to file a final prospectus supplement relating to the shares of common stock. Prospective investors should read the preliminary prospectus supplement and accompanying base prospectus in the registration statement and other documents the Corporation has filed or will file with the SEC for more complete information about the Corporation and the offering. You may obtain these documents for free by visiting EDGAR on the SEC’s website at http://www.sec.gov. Electronic copies of the preliminary prospectus supplement and the accompanying base prospectus may be obtained by contacting Piper Sandler, 800 Nicollet Mall, J12S03, Minneapolis, MN 55402, Attention: Prospectus Department, or by telephone at (800) 747-3924 or email at prospectus@psc.com or BofA Securities, Attention: Prospectus Department, NC1-022-02-25, 201 North Tryon Street, Charlotte, NC 28255-0001, or by email at dg.prospectus_requests@bofa.com.
This press release is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy the securities, nor shall there be any sale of the securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The securities being offered have not been approved or disapproved by any regulatory authority, nor has any such authority passed upon the accuracy or adequacy of the prospectus supplement or the shelf registration statement or prospectus relating thereto.
About Fulton Financial Corporation
Fulton Financial Corporation is a Pennsylvania-based financial holding company that operates more than 200 financial centers in Pennsylvania, Maryland, Delaware, New Jersey and Virginia through its banking subsidiary, Fulton Bank, N.A.
Safe Harbor Statement
This press release contains forward-looking statements. Forward-looking statements can be identified by the use of words such as “may,” “should,” “will,” “could,” “estimates,” “predicts,” “potential,” “continue,” “anticipates,” “believes,” “plans,” “expects,” “future,” “intends,” “projects,” the negative of these terms and other comparable terminology.
Forward-looking statements are neither historical facts, nor assurance of future performance. Instead, the statements are based on current beliefs, expectations and assumptions regarding the future of the Corporation’s business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Corporation’s control, and actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not unduly rely on any of these forward-looking statements. Any forward-looking statement is based only on information currently available and speaks only as of the date when made. The Corporation undertakes no obligation, other than as required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
A discussion of certain risks and uncertainties affecting the Corporation, and some of the factors that could cause the Corporation's actual results to differ materially from those described in the forward-looking statements, can be found in the sections entitled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in the Corporation’s Annual Report on Form 10-K for the year ended December 31, 2023 and other current and periodic reports, which have been, or will be, filed with the Securities and Exchange Commission (the “SEC”) and are, or will be, available on the SEC's website (www.sec.gov).
Media Contact:Lacey Dean, 717-735-8688
Investor Contact:Matt Jozwiak, 717-327-2567
Source: Fulton Financial Corporation
FAQ
What is the purpose of Fulton Financial's common stock offering?
The purpose of the common stock offering is to provide the with additional proceeds for general corporate purposes and to support new opportunities following an acquisition.
Who are the joint book-running managers for the offering?
Piper Sandler and BofA Securities are acting as the joint book-running managers for the common stock offering.
How will Fulton Financial use the net proceeds of the offering?
The intends to use the net proceeds of the offering for general corporate purposes, including to support new opportunities in connection with its business strategy following its previously announced acquisition of assets and deposits of Republic First Bank.
